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Mixed-Use Building with Woodwork
For Sale
Contact for pricing
Pending

507 Pershing Road, Chicago, IL 60653

Three-level mixed-use building offers exposed beams and brick, with a new roof and versatile space for office or warehouse use.

Property Size17,250 SF
Days on Market112

Property Features for 507 Pershing Road

General Information

Standard status Pending
Size 17,250 SF
Property subtype Special Purpose

Building Details

Stories 3
Construction brick & beam
Listing Agency: Wirtz Real Estate Group, Inc
Listed By: Kim Wirtz · License #471055499
Source: Crexi
Added: Apr 11 Changed: Jul 23 Last Checked: Jul 30 at 3:43AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Wirtz Real Estate Group, Inc

Investment Insights

Based on property information with market context.

This three-level mixed-use building includes approximately 17,250 square feet total, with the main two levels totaling approximately 12,600 square feet. The interior features beautiful woodwork, exposed beams, and brick throughout, creating distinctive character across the existing layout. A new roof has been installed, and the property is being sold as-is.

Located on Pershing Road in Chicago’s Bronzeville area, the property is described in public remarks as a potential fit for a range of uses, including office space or warehouse operations, or possible loft-style condominium conversion. The offering is marketed toward both business owners and investors interested in a flexible building configuration.

The space is arranged across three levels, providing multiple floors for tenant or user needs depending on the intended redevelopment or occupancy plan.

Key Highlights

  • Three‑level mixed‑use building with approximately 17,250 SF total and approximately 12,600 SF across the main two levels
  • New roof installed
  • Exposed beams, brick, and beautiful woodwork throughout

Property Analytics

Current Use

Office buildings

Suggested Use

Top Pick HVAC Service Law Firm Building Supply Auto Parts Store Auto Repair Shop Kitchen & Bath Showroom

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,252
Businesses Nearby

Demographics for 60653, IL

33,146
Population
18,279
Households
1.8
Avg Household Size
37
Median Age
38%
College-Educated
90%
High-School Grad
2.4 sq mi
ZIP Area
13,811
Density / Sq Mi
$39,565
Median Household Income
$49,335
Median Earnings
$856
Median Rent
$347,800
Median Home Value

Market

Properties on Market for Mixed-use properties in Chicago

Jan
Feb
Mar
Apr
May
Jun

Vacancy Rate% for Office in Chicago, IL

17.9% 2019
19.2% 2020
20.7% 2021
23.1% 2022
23.3% 2023
25.1% 2024
25.6% 2025
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Three-level mixed-use building offers exposed beams and brick, with a new roof and versatile space for office or warehouse use.
Where is this mixed-use property located?
The property is located at 507 Pershing Road Chicago, IL.
What are key features of this property?
This property features: Three‑level mixed‑use building with approximately 17,250 SF total and approximately 12,600 SF across the main two levels; New roof installed; Exposed beams, brick, and beautiful woodwork throughout
More about this property
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