2421-2427 West 21st, Chicago IL 60608
$1,191,300

Request Private Showing

Property Description

HEART OF CHICAGO | PILSEN/LITTLE VILLAGE INDUSTRIAL ASSEMBLY. Rare 15,000 sq. ft. assemblage in the "Heart of Chicago" near Pilsen and Little Village! This high-density M2-3 zoned site offers a unique dual-track investment opportunity: maintain the legal non-conforming residential footprint for a value-add rehab project, or capitalize on the industrial zoning for a premier "Live-Work" compound with extensive fleet parking and warehouse expansion. The package includes an income-producing 4-flat, a vacant single-family home primed for renovation, and three contiguous vacant lots. Whether you are a residential developer looking to capture the westward momentum of Pilsen or an industrial owner-user needing a strategic central hub, this massive footprint provides unmatched flexibility and scale. Sold exclusively as a single, contiguous package in AS-IS condition. LOGISTICAL HUB: Strategically located for "last-mile" operations, this site offers immediate, heavy-truck-route access to I-55 (Stevenson) and I-90/94 (Dan Ryan) expressways. Whether you are looking for fleet parking, equipment storage, or a new industrial flex-space build-out, this location keeps your business minutes from the Illinois Medical District and the Loop. THE INVESTMENT: Includes PINs 16-24-428-006, 007, and 025. Currently improved with a 2-flat, a single-family home, and a vacant lot, providing immediate holding income or a clean slate for development. Properties are being sold exclusively as a single package assembly. Secure your footprint in the Heart of Chicago today.**DRIVE BY ONLY** BROKER NOTES: Properties are being sold exclusively as a single, contiguous package in AS-IS condition. Seller makes no representations regarding future density or change of use. QUALIFIED BUYERS MUST PERFORM THEIR OWN INDEPENDENT DUE DILIGENCE regarding zoning certifications, non-conforming use status, building code compliance, and any potential variance requirements

Features & Information

Key Details

  • List Price $1,191,300
  • Property Taxes $15,352.35
  • Price/ Sq. Ft. Unavailable
  • Year Built 1892
  • Parking Type None
  • Status Active

Rooms

  • Total Rooms 8
  • Basement N

Exterior Features

  • Parking

  • Parking Details None
  • # of Cars:  0

Building Information

  • Number of Units 4
  • Age of Building 100+ Years
  • Exterior Construction Brick
  • Heating & Cooling Hot Water/Steam
  • Units

  • Unit 1 None
  • Unit 2 None
  • Unit 3 None
  • Unit 4 None

Location

  • County Cook
  • Township West Chicago
  • Corporate Limits Chicago
  • Directions to Property Western Avenue To 21st Place, West To Property
  • Schools

  • Elementary School District 299
  • Junior High District 299
  • High School District: 299
  • Property Taxes

  • Tax 15352.35
  • Tax Year 2024
  • Tax Exemptions None
  • Parcel Identification Number 16244280070000

Utilities

  • Sewer Sewer-Publ

Listed by: Jameson Sotheby's Intl Realty | Phone: 312.751.0300
Source: MRED as distributed by MLS GRID

Based on information submitted to the MLS GRID as of 3/6/2026 5:02 PM. 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.

Explore Pilsen

A vibrant neighborhood situated on the city’s Lower West Side, Pilsen is one of Chicago’s oldest communities. Weathered stone castles, colorful turrets, and ornamental accents harken back to the area’s Bohemian roots. Building on its working-class roots, Pilsen has become a destination for the arts in Chicago—striking murals and vivid mosaics can be found throughout the neighborhood. Pilsen is home to a variety of galleries and museums, such as the National Museum of Mexican Art, one of the most prominent institutions for Mexican art and culture in the United States. Multi-generational mom and pop shops sit side-by-side some of the city’s finest dining. From off the beaten track locales to hip eateries, Pilsen offers a wide variety ideal for all. Vintage shops, independent cafes, and offbeat markets add to the neighborhood’s charm.

Mortgage Calculator

  • List Price${ formatCurrency(listPrice) }
  • Taxes${ formatCurrency(propertyTaxes) }
  • Assessments${ formatCurrency(assessments) }
  • List Price
  • Taxes
  • Assessments
${ formatCurrency(price) }
${ selectedInterestRate }%
${ downPaymentPercent }%

Estimated Monthly Payment

${ formatCurrency(monthlyTotal) } / month

  • Principal & Interest${ formatCurrency(monthlyPrincipal) }
  • Taxes${ formatCurrency(monthlyTaxes) }
  • Assessments${ formatCurrency(monthlyAssessments) }

All calculations are estimates for informational purposes only. Actual amounts may vary.

Ask a Question 2421-2427 West 21st, Chicago IL 60608

This site is protected by reCAPTCHA Enterprise and the Google Privacy Policy and Terms of Service apply.

Request a tour 2421-2427 West 21st, Chicago IL 60608

This site is protected by reCAPTCHA Enterprise and the Google Privacy Policy and Terms of Service apply.

Share this Listing