4308 West 31st Street

Chicago, IL 60623

$489,000
Price
Beds
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Large, well maintained solid brick building zoned R-3 across from Piotrowski Park on bustling 31st St. Family owned since the 1960s, the building consists of 3 residential units plus a 900 sq ft first floor storefront. Full walk up expandable attic and full basement with separate meters. New tear off roofs on both the garage and main building 2020, new gutters, soffits and boiler 2021 and new water heater in 2023. Home Run Inn is next door, and Piotrowski Park has a public swimming pool and skate...Large, well maintained solid brick building zoned R-3 across from Piotrowski Park on bustling 31st St. Family owned since the 1960s, the building consists of 3 residential units plus a 900 sq ft first floor storefront. Full walk up expandable attic and full basement with separate meters. New tear off roofs on both the garage and main building 2020, new gutters, soffits and boiler 2021 and new water heater in 2023. Home Run Inn is next door, and Piotrowski Park has a public swimming pool and skate park so the location is ideal with plenty of foot traffic. Target, Home Depot and Walmart are around the corner. Great opportunity for multi-generational living or investment. Being sold as-is.
  1. Listed by Grace Miya • Baird & Warner

Property Details for 4308 West 31st Street

Area
CHI - South Lawndale
Zoning
MULTI
LISTING UPDATED: 10/06/2024 12:07 AM

Property Details for 4308 West 31st Street

StatusActive
MLS #12159105
Days on Market48
Taxes$1,061 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMixed Use
MLS TypeCommercial Sale
Year Built1930
Lot Size0.07 AC / 3,105 SF
CountyCook County

Building Information for 4308 West 31st Street

Stories2Residences4Year Built1930Lot Size0.07 AC / 3,105 SF

Property Information for 4308 West 31st Street

General Information
Location and General Information
  • Frontage Type: City Street
  • Geographic Locale: Chicago West
  • Information: List Broker Must Accompany,No Sign on Property
Taxes and HOA Information
  • Additional Parcels: No
Property Information
Interior Features
  • Air Conditioning: Partial
  • Electric: Separate Meters
  • Heat/Ventilation: Radiators
  • Num of Baths: 0.0
Exterior Features
  • # Of Apts: 3
Property/Lot Information
  • Tenant Pays: Electricity
  • Built Before 1978: Yes
  • Approximate Age: Older
  • Lot Dimensions: 33X130
  • Lot Size Square Feet: 3105.0
  • Stories: 2
  • Exterior Building Type: Brick
  • Construction: Brick
  • Fire Protection: Smoke or Fire Protectors
  • Roof Structure: Pitched
  • Building Area Total: 3180
  • # Of Offices: 0
  • Retail SqFt: 900
  • # Of Stores: 1
  • Property Sub Type: Mixed Use
Property and Assessments
  • Public Document Count: 3
  • Document Date: 2024-09-13T18:25:04
  • Photos Count: 15
Virtual Tour/Additional Media
  • Virtual Tour: None
  • Virtual Tour YN: No
Multi Family
Multi-Family Information
  • Number Of Units Total: 4
Income & Expenses
  • Electric Expense: $2,343.00
  • Fuel Expense: $9,673.00
  • Gross Income: $61,200.00
  • Gross Scheduled Income: $61,200.00
  • Insurance Expense: $5,180.00
  • Known Encumbrances: None Known
  • Total Monthly Income: 5100
  • Other Expense: $.00
  • Trash Expense: $1,200.00
  • Water Sewer Expense: $1,385.00

Property History for 4308 West 31st Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 4308 West 31st Street

Taxable ValueLand$3,648Additions$8,351Total$11,999
Tax Record2022$1,061 ($88 / month)
Home Facts
Baths3.5Total Finished SqFt3,180 SqFtAbove Grade Finished SqFt3,180 SqFtStories2Lot Size3,105 SqFtStyleMulti-Family Res (5+ Units)Year Built1930CountyCOOKAPN16-27-425-041

Schools near 4308 West 31st Street

This home is within Chicago Public Schools.
Rating
School
Type
Grades
Distance
Public - PK to 8
Public - 9 to 12
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Zapata Elementary Academy
PublicPK to 8

Infinity Math Science & Tech High School
Public9 to 12

School Of Social Justice High School
Public9 to 12

Multicultural Arts High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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4308 West 31st Street is a mixed use property for sale in Chicago, IL 60623. This property was listed for sale on September 13, 2024 by Baird & Warner, it's currently listed at $489,000. This listing's school district is Chicago Public Schools. Nearby schools include Zapata Elementary Academy, Infinity Math Science & Tech High School and School Of Social Justice High School. 4308 West 31st Street is a 0-bed, 0-bath, mixed use property built in 1930.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Baird & Warner

Based on information from one of the following Multiple Listing Services: Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. Based on information submitted to the MLS GRID as of 10/06/2024 12:07 AM. 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.