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 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

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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Current real estate data for Multi Family in Chicago as of Mar 11, 2026
1,234
Multi Family Listed
86
Avg DOM
$487,220
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 | Debra Dobbs | The Dobbs Group agent at 3123074909.
2421-2427 W 21st Place
Chicago, IL