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718 W 31st Street, Chicago, IL 60616
$669,500
718 W 31st Street, Chicago, IL 60616View this property at 718 W 31st Street, Chicago, IL 60616
718 W 31st StreetChicagoIL60616
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Property Description
Back on Market! Many Updates done in 2023 and 2024 Brand New Roof for the building and the garage (2023) | New Siding for the back porch(2023)| New Cement all around the building (2023) | New Deck in the back yard(2023) | New garage Concrete floor (2024) Basement remodeled, waterproofing entire basement, replaced stairs and doors, replaced supporting poles, painted with drylock to protect the brick walls, three brand new water heaters, new plumbing lines and extra drains, ready for dryer/washer, replaced all units electrical control panels(2024). Unit 2F is a 2 bed 1 bath unit, brand new bathroom and fresh paint, currently rented for $1400. Unit 2R is a 2beds 1bath and additional guest room, a renovated unit, (2024) New floor new paint, new bathroom and kitchen, all appliances are brand new(2024), rent is $1400 as well, (garage included). Commercial Unit was a tax office, just moved out!!! B3 Zoning can be used for restaurants, bars, offices, estimated rent is $27/sf/yr.
Full Property Details
Full Property Details for 718 W 31st St
General
- Price: $669,500
- Taxes: $8,168 (2022)
- Status: Active
- Type: Commercial
- MLS ID: 12046708
- Updated: 5/9/2024
- Added to Site: 15 day(s) ago
Additional Information
- Security/Safety: Alarm on Site
Location
- Area: CHI - Bridgeport
- County: Cook
- Driving Directions: 31st st to west 718
- Location Details: Chicago South
Heating & Cooling
- Cooling Type: Central Air Conditioning
- Heating Type: Central Heat/Individual Controls
Structural Information
- Stories/Levels: 2
- # of Stores: 1
- Year Built: 1876
- Built Before 1978: Yes
Unit Information
- Units w/Refrigerators: 3
- Units w/Range/Oven: 3
- # Dryers: 2
Lot Features
- Lot Size (Sq. Ft.): 2,664
- Lot Dimensions: 42/42
Financial Considerations
- Lease Price: $28
- Security Deposit: Alarm On Site
- Assessment Year: 1876
- Tax Amount: $8,168
- Tax Year: 2022
- Tenant Pays: Air Conditioning, Common Area Maintenance, Electricity, Heat, Janitorial Service
Disclosures and Reports
- Property ID: 17283270370000
Listed by Century 21 Realty Associates
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Schools
Schools serving 718 W 31st St
School District:Chicago Public Schools
Rating | Name | Grades | Distance |
---|---|---|---|
3010 S Parnell Ave, Chicago, IL 60616 | PK-8 | 0.2 mi | |
Tilden Achievement Academy High School
4747 S Union Ave, Chicago, IL 60609 | 9-12 | 2.1 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 718 W 31st St
Date
Details
Price
Change
Source
5/03/2024
Listed
$669,500
71.67%
MLS
7/03/2019
Sold
$390,000
—
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 718 W 31st St
Year
Property Taxes
Change
Tax Assessment
Change
2022
$6,481
2%
$31,512
—
2021
$6,337
—
$31,512
11%
2020
$6,326
-10%
$28,395
-19%
2019
$7,033
2%
$35,007
—
2018
$6,915
-21%
$35,007
-14%
2017
$8,779
7%
$40,782
—
2016
$8,168
9%
$40,782
—
2015
$7,473
15%
$40,782
16%
2014
$6,518
2%
$35,132
—
2013
$6,390
1%
$35,132
—
2012
$6,304
—
$35,132
—
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 718 W 31st St
718 W 31st Street, Chicago, IL 60616 (MLS# 12046708) is a Commercial property. 718 W 31st Street is currently listed for $669,500 and was received on May 03, 2024. Want to learn more about 718 W 31st Street? Do you have questions about finding other Commercial real estate for sale in Bridgeport? You can browse all Bridgeport real estate or contact a Coldwell Banker agent to request more information.