1235 W 31st Street

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Address: 1235 W 31st St, Chicago, IL 60608, USA
Chicago & Midwest + Apartment Buildings
Created date: August 16, 2026
Date last updated: September 18, 2026
Price: $395,000Investment Analyzer NEW!

Property Description

Attention Investors & Weekend Warriors: Brick 2-Unit with Massive Upside in Vibrant Bridgeport! Located in the heart of one of Chicago's most resilient and character-rich neighborhoods, this classic brick 2-unit building represents the ultimate value-add opportunity. Whether you are looking to expand your rental portfolio or tackle a rewarding sweat-equity project, this property is the perfect canvas for your next venture. Both units offer solid bones and are ready for your modern updates to maximize market rents. But the real magic lies in the untapped square footage: the property features an expansive, unfinished attic and a full basement boasting rare 7-foot ceiling heights. These massive, unfinished spaces offer incredible potential for duplexing down or up, creating a spectacular owner's unit. The property is being sold strictly as-is, offering a straightforward, opportunity to walk into immediate equity. Bring your tape measure, your contractor, and your vision-opportunities with this much structural potential in a high-demand Bridgeport location do not last long. Walk to Maria's Bar, Cowabunga Pizza Pies & Bridgeport Coffeshop.

Key Property Information

Listing Status: Pending Sale
Listing Type: Call for offers
Property Types: Apartment Buildings
Price: $395,000
Year Built: 1928
Opportunity Zone: No
Property Website Click Here
Number of Bedrooms: 4
Number of Bathrooms: 2
Address: 1235 W 31st Street, Chicago, IL 60608, USA
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Step 1Financing Calculation

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Step 2Gross Rent Analysis

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Step 3Cap Rate Calculation

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Step 4Final Deal Analysis

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