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    2055 W Pershing Rd Chicago, IL 60609

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    For Sale
    Contact for pricing

    520,000 SF building on 6.31 acres in Chicago, IL.

    Property size:
    520,000 SF
    Lot size:
    3.60 Acres

    Property Features for 2055 W Pershing Rd

    General Information

    Size
    520,000 SF
    Lot size
    3.60 Acres
    Source: Moodyscre

    Listing Agent: Larry Goldwasser

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    520,000 SF Freestanding Building

    The property is a 520,000 SF free-standing building situated on 6.31 acres. It offers significant potential and character, making it ideal for various uses including industrial, mixed-use, residential, or office purposes. The property also has 380,000 SF of additional FAR available.
    Location Intelligence

    Current Use by Public Records

    MAT Asphalt Asphalt Mixing Plant Lifeline Ambulance Ambulance Service Hammond Merctl Cold ... Self-Storage Facility

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Chicago
    County
    Cook
    State
    Illinois
    Longitude
    -87.6781416
    Latitude
    41.8222843

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    FAQs

    What type of property is this?
    Industrial property - 520,000 SF building on 6.31 acres in Chicago, IL.
    Where is this industrial property located?
    The property is located at 2055 W Pershing Rd Chicago, IL.
    What are key features of this property?
    This property features: - 520,000 SF free-standing building; - Situated on a 6.31 acre lot; - Benefit from 380,000 SF of additional FAR available
    (312) 935-1400
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    2055 W Pershing Rd Chicago, IL 60609
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    Chicago, IL 60609
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2055 W Pershing Rd Chicago, IL 60609
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