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

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Property Description

HEART OF CHICAGO | PILSEN/LITTLE VILLAGE INDUSTRIAL ASSEMBLY. Rare opportunity to acquire a contiguous 15,000 SF footprint in one of Chicago's most culturally rich and logistically critical corridors. This 3-parcel package represents the final residential pocket on an established industrial block, perfectly positioned at the intersection of the Pilsen and Little Village communities. UNMATCHED ZONING & DENSITY: Zoned M2-3 (Light Industry District), the site offers a massive 3.0 Floor Area Ratio (FAR), allowing for up to 45,000 SF of total building density. The flexible M2 designation is a "workhorse" zoning that permits moderate-impact manufacturing, warehousing, contractor yards, and work-related activities occurring outside of enclosed buildings. 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***

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 New

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 1/12/2026 10:02 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.

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