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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.
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
1 LOT AVAILABLE
Lot
| Price | $1,191,300 | Lot Size | 0.69 AC |
| Price Per AC | $1,726,521.74 |
| 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
1 1
Walk Score®
Very Walkable (85)
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $33,615 (2025) | |
| Land Assessment | $8,165 (2025) | Total Assessment | $41,780 (2025) |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$8,165 (2025)
Improvements Assessment
$33,615 (2025)
Total Assessment
$41,780 (2025)
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2421 W 21st Plz
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