# 654 W 31st Street, Chicago, IL 60616

> **TL;DR:** land, $950,000. Est. $4,117/mo. Listed 104 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $950,000 |
| Property Type | Land (Other) |
| Status | For Sale |
| Days on Market | 104 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $4,117 |
| **Total** | **$4,117** |

## Description

### Agent 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!

## Location

- **Address:** 654 W 31st Street, Chicago, IL 60616
- **County:** Cook
- **Coordinates:** 41.838272, -87.643585
- **Google Maps:** https://www.google.com/maps?q=41.838272,-87.643585

## Listing Agent

- **Name:** Amy Duong
- **Brokerage:** Compass
- **Email:** amy.duongkim@compass.com

## Primary Photo

![654 W 31st Street - Primary Photo](http://lh.rdcpix.com/758557781cc821e155121d15706bca55l-f1002042080r.jpg)

*6 total photos available on [listing page](https://www.propertysimple.com/listing/654-w-31st-street-chicago-il-60616-12571341)*

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**MLS#:** 12571341 | **Updated:** 2026-06-18
**Source:** listhub

*Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.*

[View on PropertySimple](https://www.propertysimple.com/listing/654-w-31st-street-chicago-il-60616-12571341)

---

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