4308 West 31st Street

Chicago, IL 60623

$599,900
Price
Beds
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Nestled within an up and coming neighborhood, this captivating four-unit building seamlessly combines a dynamic storefront with three inviting residential spaces. From the moment one approaches, the building's facade exudes a timeless charm, with large display windows beckoning pedestrians to explore the treasures within. At street level, the spacious storefront awaits, offering a versatile canvas for entrepreneurs to realize their visions of a thriving business. Above, three units offer residents...Nestled within an up and coming neighborhood, this captivating four-unit building seamlessly combines a dynamic storefront with three inviting residential spaces. From the moment one approaches, the building's facade exudes a timeless charm, with large display windows beckoning pedestrians to explore the treasures within. At street level, the spacious storefront awaits, offering a versatile canvas for entrepreneurs to realize their visions of a thriving business. Above, three units offer residents a sanctuary amidst the urban hustle, each unit boasting contemporary comforts they each have their own dining room, kitchen, 2bedrooms and bathroom. With its harmonious blend of commercial and residential spaces, this building stands as a testament to the vibrant energy and endless possibilities of city living.
  1. Listed by Bernardo Morales • Duarte Realty Company

Property Details for 4308 West 31st Street

Area
CHI - South Lawndale
Zoning
MULTI

Location

Listing Courtesy of Duarte Realty Company
Add your commute
LISTING UPDATED: 03/07/2024 12:06 AM

Property Details for 4308 West 31st Street

StatusActive
MLS #11993830
Days on Market103
Taxes$1,061 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMixed Use
MLS TypeCommercial Sale
Year Built1927
Lot Size0.07 AC / 3,180 SF
CountyCook County

Location

Listing Courtesy of Duarte Realty Company
Add your commute

Building Information for 4308 West 31st Street

Stories-Residences4Year Built1927Lot Size0.07 AC / 3,180 SF

Payment Calculator

$3,362 per month

30 year fixed, 7.25% Interest

Principal and Interest

$3,274

Property Taxes

$88

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 4308 West 31st Street

General Information
Addtl Parking Information
  • Open Parking Spaces: 2.0
Location and General Information
  • Geographic Locale: Chicago West
  • Information: List Broker Must Accompany
Taxes and HOA Information
  • Additional Parcels: No
Property Information
Interior Features
  • Air Conditioning: Central Air, Window Unit(s)
  • Electric: Circuit Breakers
  • Heat/Ventilation: Radiators
  • Num of Baths: 0.0
Exterior Features
  • # Of Apts: 3
Property/Lot Information
  • Owners Association: No
  • Tenant Pays: Electricity
  • Built Before 1978: Yes
  • Approximate Age: Older
  • Lot Dimensions: 33X130
  • Lot Size Square Feet: 3180.0
  • Stories: 2
  • Exterior Building Type: Brick
  • Roof Type: Composition
  • Fire Protection: Smoke or Fire Protectors
  • Foundation Details: Concrete Perimeter
  • # Of Offices: 0
  • # Of Stores: 1
Property and Assessments
  • Public Document Count: 2
  • Document Date: 2024-03-01T19:58:39
  • Photos Count: 29
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: $2,350.00
  • Gross Scheduled Income: $28,200.00
  • Insurance Expense: $5,180.00
  • Total Monthly Income: 2350
  • 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 City Of Chicago School District 299.
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.

Similar Homes

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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 March 1, 2024 by Duarte Realty Company, it's currently listed at $599,900. This listing's school district is City Of Chicago School District 299. 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 1927.

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. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Duarte Realty Company

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.