Back 1032 W 31st Pl
Off Market

1032 W 31st Pl

Chicago IL 60608

8
2
0.07 ac.
Multi-Family
Last sold for $575,000
Derek WalvoordDerek Walvoord, last sold this property on 13 March 2024 after 310 days on market.

Overview

Looking to live and rent in Bridgeport? This 3-unit building is right next to vibrant Morgan Street with bars, restaurants and shops. The units rent well and quickly - the owners unit should rent for $1,675, 2nd floor front at $1,675, 2R $1,275 and the garage at $150 MTM for a total of $4,775 a month for the building. Recently updated, this legal 3 Flat has a great first floor owners unit with central ac, in unit laundry and lots of space. The second unit is a duplex up unit on the second and third floor, with a huge master suite, a separate 3 piece bath, private work space with kitchenette, and hot tub. This is a massive and very cool unit. The 2nd FL Rear unit is light and bright and has 1BR/1BA. 2 Car Frame Garage. Small rear yard w/cherry tree. Partial Basement w/concrete floor crawlspace. This building cash flows well!

Features

8 bedrooms
2 carspaces
2 garage spaces
0.07 ac. lot size
Multi-Family

Estimated Value

Based on this property and similar 8 bedroom multi families sold in Chicago over the last 12 months, the estimated median property value of 1032 W 31st Pl is $551.25k.

Median value
$551.25k
Estimated value range
$285k - $1.51m
Median days on market
28
Estimated value trend
-10%
decrease over the last 12 months
Average days on market is based on recent, comparable sales in Chicago. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 1032 W 31st Pl

2024
Sold
$575,000
13 Mar 2024 by Derek Walvoord, of Exit Strategy Realty / EMA Management
2018
Sold
$528,000
28 Jun 2018 by Victor Lopez, of Baird & Warner

Happy sellers in Chicago

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We have insufficient information to provide an overview of customer satisfaction for Chicago. Viewing the agent profiles, reviews and sales for Chicago can provide insights for this location.

Local market activity for 8 bedroom multi families in Chicago

In the last 12 months, 17 eight-bedroom multi families similar to 1032 W 31st Pl, have been sold.

This represents a 32% increase in eight-bedroom multi families sales when compared to the previous 12 months.

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