2139-59 West Pershing Road Chicago, IL 60609
Development opportunity with approved plans for 159 residential units.
Type:Redevelopment Opportunity
Property size:
320,000 SF- Added:
- Nov 21, 2025
- Days on Market:
- 133
- Last Refresh:
- Apr 2 at 12:40 am
Property Features for 2139-59 West Pershing Road
General Information
- Standard status
- Active
- Size
- 320,000 SF
- Property subtype
- Redevelopment Opportunity
Listing agent Chad Schroedl (312) 756-7329
Listing office SVN | Chicago - Corporate (312) 756-7329
Listing date Nov 21, 2025
Source Svnchicago
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 SVN | Chicago - Corporate
Overview
Historic Lofts Development Opportunity
This is an opportunity to develop two historic concrete loft buildings located directly across from McKinley Park on Pershing Road. The property has approved planned development for 159 residential units and commercial spaces. McKinley Park is located on Chicago’s southwest side and has a rich industrial legacy. It was the nation’s first planned industrial district. Adaptive reuse projects have transformed some of these historic spaces into modern lofts, offices, and commercial centers. The McKinley Park submarket boasts connectivity to major transportation hubs and is close to railways, highways, and the Chicago “L” system. The mix of large adaptive reuse buildings and smaller commercial units caters to a variety of business needs, from high-tech manufacturing and warehousing to retail, offices, and residential conversions. The area promotes a live-work-play community. The property is minutes from downtown with access to I-55 and I-90/94 and walking distance to the CTA Orange Line. It is located steps from the city of Chicago’s $121M mixed-use development at 1769 W Pershing. Seller financing is available.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Commercial land
Location Insight
- Map
- Local Demand
- City
- Chicago
- County
- Cook
- State
- Illinois
- Longitude
- -87.6791
- Latitude
- 41.8227
Nearby Similar for Sale
FAQs
What type of property is this?
Commercial land - Development opportunity with approved plans for 159 residential units.
Where is this commercial land located?
The property is located at 2139-59 West Pershing Road Chicago, IL.
What is the asking price?
The asking price for this property is $5,900,000.
What are key features of this property?
This property features: Approved planned development for **159 residential units and commercial spaces**.; Seller Financing Available.; Located directly across from McKinley Park.
