654 W 31st St Chicago, IL 60616
Bridgeport NeighborhoodEstimated payment $5,735/month
About This Lot
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!
Listing Agent
Compass Brokerage Phone: (773) 295-4387 License #471005863 Listed on: 02/17/2026
Property Details
Property Type
- Land
Est. Annual Taxes
- $4,449
Lot Details
- Lot Dimensions are 60x122.75
- Dirt Road
- Corner Lot
- Additional Parcels
Map
Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $1,817 | $12,915 | $12,915 | |
| 2024 | $1,817 | $12,915 | $12,915 | |
| 2023 | $1,771 | $8,610 | $8,610 | |
| 2022 | $1,771 | $8,610 | $8,610 | $0 |
| 2021 | $1,731 | $8,610 | $8,610 | $0 |
| 2020 | $1,918 | $8,610 | $8,610 | $0 |
| 2019 | $9,704 | $48,300 | $21,525 | $26,775 |
| 2018 | $9,541 | $48,300 | $21,525 | $26,775 |
| 2017 | $8,576 | $39,839 | $16,143 | $23,696 |
| 2016 | $7,979 | $39,839 | $16,143 | $23,696 |
| 2015 | $7,300 | $39,839 | $16,143 | $23,696 |
| 2014 | $7,286 | $39,269 | $10,762 | $28,507 |
| 2013 | $7,142 | $39,269 | $10,762 | $28,507 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 05/13/2026 05/13/26 | Price Changed | $950,000 | -26.9% | -- | |
| 02/17/2026 02/17/26 | For Sale | $1,300,000 | +100.0% | -- | |
| 02/19/2020 02/19/20 | Sold | $650,000 | -7.0% | -- | View Prior Sale |
| 01/10/2020 01/10/20 | Pending | -- | -- | -- | |
| 07/10/2019 07/10/19 | Price Changed | $699,000 | -12.5% | -- | |
| 02/13/2019 02/13/19 | Price Changed | $799,000 | -11.1% | -- | |
| 01/10/2019 01/10/19 | Price Changed | $899,000 | -10.0% | -- | |
| 11/14/2018 11/14/18 | Price Changed | $999,000 | -16.8% | -- | |
| 10/12/2018 10/12/18 | For Sale | $1,200,000 | -- | -- |
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $650,000 | Chicago Title | |
| Interfamily Deed Transfer | -- | None Available |
Source: Midwest Real Estate Data (MRED)
MLS Number: 12571341
APN: 17-28-328-021-0000
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Ask me questions while you tour the home.