2421-2427 W 21st Place
Chicago, IL, 60608
$1,191,300
8 Beds
4 Baths
0 SqFt
0 Acres
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$1,191,300
2421-2427 W 21st Place
Chicago, IL, 60608
MLS #MRD12538127 image #0MLS #MRD12538127 image #1MLS #MRD12538127 image #2MLS #MRD12538127 image #3
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***

Property Details

Price:
$1,191,300
MLS #:
MRD12538127
Status:
Active
Beds:
8
Baths:
4
Type:
Multi Family
Neighborhood:
chilowerwestside
Listed Date:
Jan 7, 2026
Year Built:
1892
Chi – Lower West SideChilowerwestside

Schools

School District:
299

Interior

Heating
Steam

Exterior

Construction Materials
Brick

Financial

Tax Year
2024
Taxes
$15,352
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Debra Dobbs is one of Chicago’s top realtors with more than 41 years in the real estate business.

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Current real estate data for Multi Family in Chicago as of Jan 08, 2026
1,203
Multi Family Listed
91
Avg DOM
$465,277
Avg List Price

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Property Summary

    2421-2427 W 21st Place Chicago IL is a Multi Family for sale in Chicago, IL, 60608. It is listed for $1,191,300 To schedule a showing of MLS#mrd12538127 at 2421-2427 W 21st Place in Chicago, IL, contact your Compass / The Debra Dobbs Group agent at 3123074909.
2421-2427 W 21st Place
Chicago, IL