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Freestanding Industrial Building
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2101 West Pershing Road, Chicago, IL 60609

Standalone industrial asset with substantial land area and stated capacity for industrial, office, mixed-use, or residential redevelopment.

Space SizeContact for details
Property Size520,000 SF
Lot Size6.31 Acres
Days on Market48

Property Features for 2101 West Pershing Road

General Information

Standard status Active
Size 520,000 SF
Lot size 6.31 Acres
Property subtype Industrial

Building Details

Building Size 520,000 SF
Listed By: Larry Goldwasser, SIOR
Source: Cbre
Added: Jul 17 Changed: Aug 30 Last Checked: Sep 1 at 4:51PM

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 Larry Goldwasser, SIOR

Investment Insights

Based on property information with market context.

The property consists of a freestanding 520,000 SF building on a 6.31-acre site in Chicago. Its scale and standalone configuration support industrial operations, while the source information also identifies mixed-use, residential, and office redevelopment concepts. The building is described as having historical character and renovation potential.

Located at 2101 West Pershing Road, the property includes significant parking and 380,000 SF of additional FAR available for future vertical development. The site combines an existing large-format structure with substantial land area and stated redevelopment capacity.

Key Highlights

  • ±520,000 SF freestanding building
  • ±6.31‑acre site at 2101 West Pershing Road, Chicago, IL 60609
  • 380,000 SF of additional FAR available

Property Analytics

Current Use

Industrial properties

Suggested Use

Top Pick Real Estate Agency Law Firm Building Supply Dental Office Restaurant Skin Care Clinic

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

Lease Details

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

805
Businesses Nearby

Demographics for 60609, IL

65,770
Population
26,122
Households
2.5
Avg Household Size
34
Median Age
20%
College-Educated
76%
High-School Grad
7.7 sq mi
ZIP Area
8,542
Density / Sq Mi
$54,142
Median Household Income
$37,694
Median Earnings
$1,070
Median Rent
$251,600
Median Home Value

Market

Lease Benchmarks for Chicago, IL

$15.85 /SF/Yr
Avg Asking Price
$5.95–$32 /SF/Yr
Price Range
57,222 SF
Avg Space Size

Vacancy Rate% for Industrial in Chicago, IL

4.9% 2019
5.4% 2020
4% 2021
3.3% 2022
4.5% 2023
4.5% 2024
4.7% 2025
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Frequently Asked Questions

What type of property is this?
Industrial property - Standalone industrial asset with substantial land area and stated capacity for industrial, office, mixed-use, or residential redevelopment.
Where is this industrial property located?
The property is located at 2101 West Pershing Road Chicago, IL.
What are key features of this property?
This property features: ±520,000 SF freestanding building; ±6.31‑acre site at 2101 West Pershing Road, Chicago, IL 60609; 380,000 SF of additional FAR available
More about this property
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