Introducing a rare redevelopment opportunity in the heart of Chicago’s vibrant Pilsen neighborhood at 2222 W 21st Street. This expansive brick building, complemented by a newly constructed rear addition, has undergone significant structural upgrades including full interior gutting, reinforcement, and the initial framing of approved new floor plans. All necessary permits and architectural plans have been secured and approved by the City of Chicago, offering a seamless path for a new owner to take the project across the finish line. Once completed, the property will consist of six thoughtfully designed units: a spacious 4-bedroom, 3-bathroom duplex ideal for an owner-occupant or premium rental, two 2-bedroom, 1-bathroom units, and three 1-bedroom, 1-bathroom units. Unit sizes range from approximately 906 to 2,200 square feet, offering a mix of layouts to attract a wide range of tenants or end-users. With the heavy lifting already done, this is a prime opportunity for an investor or developer to customize the final finishes and capitalize on strong rental demand in a fast-growing area.
Property Details
Price:
$825,000
MLS #:
MRD12489913
Status:
Active
Beds:
7
Baths:
5
Type:
Commercial
Neighborhood:
chilowerwestside
Listed Date:
Oct 7, 2025
Total Sq Ft:
7,500
Lot Size:
3,000 sqft / 0.07 acres (approx)
Year Built:
1888
Schools
Interior
Exterior
Construction Materials
Brick, Concrete
Financial
Tax Year
2023
Taxes
$10,998
Listing Agent & Office
Angelo Labriola
Sperry Van Ness
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2222 W 21st Street
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