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2421 W 21st Plz 0.69 Acres of Industrial Land Offered at $1,191,300 in Chicago, IL 60608

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INVESTMENT HIGHLIGHTS

  • LOGISTICAL HUB
  • Ideally suited for owner-users requiring fleet parking, equipment storage, or a new industrial flex-space build-out.
  • Strategically located for "last-mile" operations, this site offers immediate, heavy-truck-route access to: I-55 (Stevenson Expressway)

EXECUTIVE SUMMARY

THE OPPORTUNITY
Rare opportunity to acquire a contiguous 15,000 SF footprint at the intersection of the Pilsen and Little Village communities. This 3-parcel package represents the final residential pocket on an established industrial block, offering a turnkey solution for a business needing immediate expansion space.
Total Land Area: ±15,000 Sq. Ft. (Contiguous)
Asset Mix: (1) 2-Flat, (1) Single-Family Home, (1) Vacant Lot
PINs: 16-24-428-006, 16-24-428-007, 16-24-428-025
ZONING & DEVELOPMENT POTENTIAL
Zoning Class: M2-3 (Light Industry District)
FAR (Floor Area Ratio): 3.0
Build-out Capacity: Up to 45,000 SF of total building density.
Permitted Uses: Warehousing, distribution, light manufacturing, and contractor yards. The M2 designation allows for moderate-impact work-related activities to occur outside enclosed buildings.
LOGISTICAL HUB
Strategically located for "last-mile" operations, this site offers immediate, heavy-truck-route access to:
I-55 (Stevenson Expressway)
I-90/94 (Dan Ryan Expressway)
Location: Minutes from the Illinois Medical District and the Loop.
PUBLIC REMARKS
This strategic package represents the final residential footprint on an established industrial block. Ideally suited for owner-users requiring fleet parking, equipment storage, or a new industrial flex-space build-out. Properties are being sold exclusively as a single package assembly. Immediate holding income from existing residential units during development planning.

PROPERTY FACTS

Price $1,191,300
Sale Type Owner User
Sale Conditions
1031 Exchange
  • Redevelopment Project
No. Lots 1
Property Type Land
Property Subtype Industrial
Proposed Use
Industrial
  • Retail Warehouse
  • Truck Terminal
  • Warehouse
Total Lot Size 0.69 AC
No. Stories 1
Zoning M2-3 - Light Industrial: Moderate manufacturing, warehouses. Also allows freight and recycling facilities.

1 LOT AVAILABLE

Lot

Price $1,191,300
Price Per AC $1,726,521.74
Lot Size 0.69 AC

INDUSTRIAL ASSEMBLY | HEART OF CHICAGO 2421-2427 W. 21st Place, Chicago, IL 60608 OFFERED AT: $1,191,300

Walk Score®
Very Walkable (85)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 16-24-428-007-0000
  • 16-24-428-006-0000
Land Assessment
$8,165 (2025)
Improvements Assessment
$33,615 (2025)
Total Assessment
$41,780 (2025)
  • Listing ID: 39064191

  • Date on Market: 1/13/2026

  • Last Updated:

  • Address: 2421 W 21st Plz, Chicago, IL 60608

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