1254 W 31st StreetChicago, 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
4 hours ago | Listing updated with changes from the MLS® | |
4 hours ago | Listing first seen on site |

Based on information submitted to the MLS GRID as of 2025-08-18 07:15 AM UTC. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Last checked: 2025-08-18 07:15 AM UTC
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