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Residential Land for Sale in Chicago, Illinois

Cook County, Chicago, IL 60608

$1,191,300
0.2 acres
Active
ago
Est $9,105/mo

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.

Location

Community
CHI - Lower West Side
School district
299
Elevation
599 feet
Coordinates
41.8527, -87.6869

Directions

Western Avenue to 21st Place, West to property

Property details

Lot size
0.209 acres9,104 sq ft
Zoning
INDUS
MLS #
MRED 12542236
Posted

Property taxes

2024
$11,685

Parcels

  • 16244280250000

Property utilities

CategoryTypeStatusDescription
GasNatural GasAvailable

Nearby schools

NameLevelDistrictDescription
Pickard Elementary SchoolElementary299
Juarez High SchoolHigh299

Listing history

DateEventPriceChangeSource
Jan 8, 2026New listing$1,191,300MRED
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This 0.209-acre property is located in Chicago, IL 60608. The property is available for sale for $1,191,300.

Checked 8 hours ago — Updated

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