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Free-Standing Flex Space Building
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2055 W Pershing Rd, Chicago, IL 60609

Free-standing flex building on 6.31 acres with 520,000 SF and additional FAR available.

Property Size520,000 SF
Days on Market480

Property Features for 2055 W Pershing Rd

General Information

Standard status Active
Size 520,000 SF
Property subtype INDUSTRIAL
Listing Agency: CBRE | Chicago
Listed By: Michelle Maguire
Source: Moodyscre
Added: Apr 7, 2025 Changed: Jul 30 Last Checked: Jul 30 at 10:09AM

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 CBRE | Chicago

Investment Insights

Based on property information with market context.

This free-standing flex space building sits on 6.31 acres and offers 520,000 SF. The property includes space suited to a variety of flexible use scenarios, with additional capacity available through 380,000 SF of additional FAR.

The building’s standalone configuration can support tenants looking for dedicated space rather than a shared or multi-tenant environment. The presence of additional FAR may also be relevant for users considering future expansion within the site.

Overall, the asset combines a large existing building footprint with the option for added development capacity, making it a practical fit for businesses and development-minded users seeking a flexible industrial, office, or mixed-use direction.

Key Highlights

  • Free‑standing flex space building with 520,000 SF
  • On 6.31 acres
  • 380,000 SF of additional FAR available

Property Analytics

Current Use

MAT Asphalt Building Supply Lifeline Ambulance Ambulance Service Hammond Merctl Cold ... Storage Facility

Suggested Use

Top Pick Real Estate Agency Law Firm Building Supply Dental Office Skin Care Clinic Hotel & Motel

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
Under-served
Demand for This Use

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

$70.18 /SF/Yr
Avg Asking Price
$4.5–$141 /SF/Yr
Price Range
4,230 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
Rey
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Similar Off Market Nearby

  • Del Sol Catering — 1938 W Pershing Rd, Chicago, IL 60609
  • Good Earth Catering — 3931 S Leavitt St, Chicago, IL 60609
  • Drinks On Me Chicago — 3931 S Leavitt St, Chicago, IL 60609

Frequently Asked Questions

What type of property is this?
Flex space - Free-standing flex building on 6.31 acres with 520,000 SF and additional FAR available.
Where is this flex space located?
The property is located at 2055 W Pershing Rd Chicago, IL.
What are key features of this property?
This property features: Free‑standing flex space building with 520,000 SF; On 6.31 acres; 380,000 SF of additional FAR available
(312) 334-7201 Call to check price and availability
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