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Active
    • Price cut: $350K (5/13)
    $950,000

    654 W 31st St, Chicago, IL 60616

    --beds
    --baths
    7,365Square Feet
    Unimproved Land
    Built in ----
    7,365 Square Feet Lot
    $-- Zestimate®
    $--/sqft
    $-- HOA

    What's special

    High visibilityExceptional frontage
    Unlock the potential of "The Union Assembly" perfectly located at 654-58 W. 31st Street, a prime 7,365 SF corner lot in the heart of Bridgeport, one of Chicago's most vibrant and historic neighborhoods. This vacant parcel offers exceptional frontage, high visibility, and is ideally situated in a Transit Oriented Development (TOD) area. Zoned C1-1 & B3-2, with potential for a C1-3 up-zone, it's a developer's dream. Included are architectural plans for a modern 2-story mixed-use building featuring a flexible ground-floor commercial space-perfect for a cafe, boutique, or office-and upscale residential units above, thoughtfully designed for contemporary living. Whether you're an investor, developer, or entrepreneur, this site offers a rare opportunity to bring your vision to life. Located in the pro-development 11th Ward, this property is ready to build-just dirt and possibilities await! Renderings are for marketing purposes only; buyers should verify and conduct all due diligence. Don't miss out-your next big project starts here!
    135 days
    |
    85
    |
    1
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Amy Duong 773-482-1917,

    Compass,

    Eva Knapp,

    Compass

    Source: MRED as distributed by MLS GRID,MLS#: 12571341MLS Logo

      Facts & features

      Property

      Features
      • Frontage length: 60'
      Lot
      • Size: 7,365 Square Feet
      • Dimensions: 60x122.75
      Details
      • Additional parcels included: 17283280210000
      • Parcel number: 17283280200000
      • Special conditions: None

      Community & HOA

      Location
      • Region: Chicago

      Financial & listing details

      • Tax assessed value: $129,150
      • Annual tax amount: $4,448
      • Date on market: 2/19/2026
      • Ownership: Fee Simple
      • Road surface type: Dirt, Gravel

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        5/13/2026Price change$950,000-26.9%
        Source: MRED as distributed by MLS GRID #12571341 Report a problem
        2/19/2026Listed for sale$1,300,000
        Source: MRED as distributed by MLS GRID #12571341 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2024-- $12,915 +50%
        2023$1,817 +2.6%$8,610
        2022$1,771 +2.3%$8,610
        2021$1,731 -9.7%$8,610
        2020$1,918 -80.2%$8,610 -82.2%
        2019$9,704 +1.7%$48,300
        2018$9,541 +11.2%$48,300 +21.2%
        2017$8,576 +7.5%$39,839
        2016$7,979 +9.3%$39,839
        2015$7,300 +0.2%$39,839 +1.5%
        2014$7,286 +2%$39,269
        2013$7,142 $39,269

        Find assessor info on the county website

        Monthly payment

        Estimated monthly payment$1,822
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.
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        Climate risks

        Neighborhood: Bridgeport

        Getting around

        91 / 100
        Walker's Paradise
        61 / 100
        Good Transit
        96 / 100
        Biker's Paradise

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • District: 130

        Source: MRED as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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