$349,900
1254 W 31st Street
Chicago, IL, 60608
CASH OR RENOVATION LOANS ONLY! Don’t miss your opportunity for this first time offered potential 3-unit property (basement possible 4th?). Seller abandoned rehab that was started with the 2 units on 2nd floor. 2nd floor was 2 units with 2 bedrooms and 1 bath each unit. 2nd floor is now fully gutted, and the potential is there for vaulted ceilings—large 1 unit with 2 baths or keep 2 smaller units for more income! 1st floor unit bath and kitchen were remodeled along with some updated flooring. Seller also updated/upgraded all electrical. Look at this deep basement open and clean for your renovation ideas. Sweat equity is here…don’t want to be a landlord–convert to large single-family home with 4-5 bedrooms and finish that basement for entertaining space. LOTS of space with nice 8-9-foot ceilings great for renovation! Nice yard with Cement foundation in place from prior garage. Verified with utilities that meters for other 2 units can be put back in place. Per tax bill 2-4 unit CLASSIFICATION 2-11. AS IS/SELLER WILL MAKE No REPAIRS. This building offers incredible potential for right investors. Prime location near public transportation, Orange Line, I-55 with shopping; dining and Chinatown nearby. INFORMATION FROM SELLER DEEMED RELIABLE VERIFY LEGAL UNITS. LISTED AS 2 UNIT DUE TO UNIT 2 and 3 GUTTED with 2 GUTTED BATHROOMS. ALL UNFINISHED ON FLOOR 2
Property Details
Price:
$349,900
MLS #:
MRD12448588
Status:
Pending
Beds:
3
Baths:
3
Address:
1254 W 31st Street
Type:
Multi Family
Neighborhood:
CHI – Bridgeport
City:
Chicago
Listed Date:
Aug 17, 2025
State:
IL
ZIP:
60608
Year Built:
1873
Schools
School District:
299
Elementary School:
Holden Elementary School
High School:
Tilden Achievement Academy High
Interior
Heating
Steam, Radiator(s)
Exterior
Architectural Style
Other
Community Features
Park, Curbs, Sidewalks, Street Lights, Street Paved
Construction Materials
Aluminum Siding, Brick, Combination
Other Structures
Shed(s)
Roof
Asphalt
Financial
Tax Year
2023
Taxes
$6,052
Debra Dobbs is one of Chicago’s top realtors with more than 41 years in the real estate business.
More About DebraMortgage Calculator
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1254 W 31st Street
Chicago, IL
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