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$1,300,000
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Property Description
Welcome to The Union Assembly - a collection of contiguous vacant lots perfectly situated in the heart of Bridgeport on 31st & Union Ave. This prime parcel of land (654-658 W. 31st) offers massive frontage and excellent visibility in Chicago's most classic and dynamic Southside neighborhood. With a Lot size of 7,365 SF, currently zoned C1-1 & B3-2, this site the perfect parcel for a C1-3 up-zone, in a Transit Oriented Development (TOD) area. Whether you're an Investor or a Developer, The Union Assembly is the perfect canvas for your next project in the 11th Ward with a pro-development alder-woman.. With nothing but dirt on the property these lots are ready to build. Renderings are for marketing purposes only. Buyer to verify and do their own due diligence on what can be built.
Full Property Details
Full Property Details for 654 W 31st St
General
- Price: $1,300,000
- Taxes: $4,448 (2024)
- Status: Active
- Type: Lots/Land
- Source: MRED
- MLS ID: 12571341
- Updated: 2/25/2026
- Added to Site: 16 day(s) ago
Additional Information
- Other Features: School Bus Service, Commuter Bus, Commuter Train, Interstate Access
Location
- Area: CHI - Bridgeport
- County: Cook
- Township: South Chicago
- Driving Directions: South to 31st, West to Union
- Location Details: Central Business District, Corner, In City Limits, High Traffic Area
School Information
- School District: 130
- Elem School District: 130
- Midd School District: 130
- High School District: 130
Lot Features
- Lot Size (Sq. Ft.): 7,365
- Lot Size Range: Less than .25 Acre
- Lot Dimensions: 60 x 122.75
- Frontage: City Street
- Frontage Feet: 60'
- Street/Road Desc.: Dirt, Gravel
- Potential Use: Commercial, Condominium, Development, Single Family, Retail
Financial Considerations
- Tax Amount: $4,448.56
- Tax Year: 2024
Disclosures and Reports
- Ownership: Fee Simple
- Property ID: 17283280200000
Listed by Compass
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Schools
Schools serving 654 W 31st St
School District:Chicago Public School District 299
| Name | Grades | Distance |
|---|---|---|
Healy Elementary School 3010 South Parnell Avenue, Chicago, IL 60616 | PK-8 | 0.2 mi |
Tilden Career Communty Academy High School 4747 South Union Avenue, Chicago, IL 60609 | 9-12 | 2.1 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 654 W 31st St
Date
Details
Price
Change
Source
2/17/2026
Listed
$1,300,000
100%
MLS
2/10/2020
Sold
$650,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 654 W 31st St
Year
Property Taxes
Change
Tax Assessment
Change
2023
$1,817
3%
$8,610
—
2022
$1,771
2%
$8,610
—
2021
$1,731
-10%
$8,610
—
2020
$1,918
-80%
$8,610
-82%
2019
$9,704
2%
$48,300
—
2018
$9,541
11%
$48,300
21%
2017
$8,576
7%
$39,839
—
2016
$7,979
9%
$39,839
—
2015
$7,300
—
$39,839
1%
2014
$7,286
2%
$39,269
—
2013
$7,142
1%
$39,269
—
2012
$7,047
—
$39,269
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 654 W 31st St
654 W 31st Street, Chicago, IL 60616 (MLS# 12571341) is a Lots/Land property with a lot size of acres. 654 W 31st Street is currently listed for $1,300,000 and was received on February 17, 2026. Want to learn more about 654 W 31st Street? Do you have questions about finding other Lots/Land real estate for sale in Bridgeport? You can browse all Bridgeport real estate or contact a Coldwell Banker agent to request more information.

