535 W 31st Street
Chicago, IL, 60616
$985,000
Beds
0 Baths
0 SqFt
0 Acres
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$985,000
535 W 31st Street
Chicago, IL, 60616
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INVESTORS! Solid brick mixed-use building in a prime location of Bridgeport. Zoning B3-2. 1 Commercial, 3 residential units above. The ground floor COMMERCIAL SPACE with established business connecting to a back unit one-bedroom apartment with a central heating/cooling system which is a perfect live/work unit. The spacious second floor has a spacious 4 bedroom/1bath with central heating/cooling system along with in-unit washer/dryer. Hallway has extra storage rooms that can be rented out to tenants or included in rent with a unit. The third floor has 2 units (front and rear) and each unit features 2 bedrooms / 1 bath with wall heat units. There is a full basement providing a ton of storage space and connected to central heat and air. Spacious backyard leading to the 3 car garage. NEAR IIT, UIC, Chinatown, Downtown, and all major highways. Healy Elementary School district. Property is near restaurants, CVS, public transportation, grocery stores, etc. Market rents are higher than current collected. Potential for higher ROI.

Property Details

Price:
$985,000
MLS #:
MRD12672345
Status:
Active
Beds:
0
Baths:
0
Type:
Commercial
Subtype:
Mixed Use
Neighborhood:
chibridgeport
Listed Date:
Jun 8, 2026
Year Built:
1883
Chi – BridgeportChibridgeport

Schools

Interior

Cooling
Central Air

Exterior

Construction Materials
Brick
Stories
3

Financial

Tax Year
2024
Taxes
$16,876
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Debra Dobbs is one of Chicago’s top realtors with more than 41 years in the real estate business.

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Current real estate data for Commercial in Chicago as of Jun 09, 2026
916
Commercial Listed
185
Avg DOM
$995,685
Avg List Price

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Property Summary

    535 W 31st Street Chicago IL is a Commercial for sale in Chicago, IL, 60616. It is listed for $985,000 To schedule a showing of MLS#mrd12672345 at 535 W 31st Street in Chicago, IL, contact your Compass | Debra Dobbs | The Dobbs Group agent at 3123074909.
535 W 31st Street
Chicago, IL