654 West 31st, Chicago IL 60616
$950,000

Property Description

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!

Features & Information

Key Details

  • List Price $950,000
  • Property Taxes $4,448.56
  • Lot Dimensions 60x122.75
  • Status Active

Schools

  • Elementary School District 130
  • Junior High District 130
  • High School District: 130

Location

  • General Information School Bus Service,Commuter Bus,Commuter Train,Interstate Access
  • County Cook
  • Township South Chicago
  • Corporate Limits Chicago
  • Directions to Property South To 31st, West To Union
  • Property Taxes

  • Tax $4,448.56
  • Tax Year 2024
  • Tax Exemptions None
  • Parcel Identification Number 17283280200000

Listed by: Compass | Phone: 773.482.1917
Source: MRED as distributed by MLS GRID

Based on information submitted to the MLS GRID as of 5/26/2026 11:32 AM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Explore Bridgeport

Age-old beauty and a rich history give Bridgeport an edge over many Chicago neighborhoods. Built on the backs of Irish, German, and Norwegian immigrants, Bridgeport is a stronghold of elegant working-class culture. Welcoming an even more diverse mix of residents today, the shopping, dining and culture here overflow with options for amazing international cuisine, independent boutiques and global festivals. And who could forget, Bridgeport is where the 2005 World Champion Chicago White Sox play their home games. (So don't expect to see many Cubs fans around these parts!) Any time the Sox hit a home run, fireworks shoot out from the stadium as the roar of the crowd serenades the colorful display.


Read More About Bridgeport...

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