Clock Tower Industrial Center
For Lease
Contact for pricing
1965 W Pershing Rd, Chicago, IL 60609
1.3 million SF industrial, studio, and warehouse space for lease.
Space Size867 SF - 30,160 SF
Property Size1,300,000 SF
Days on Market1259
Property Features for 1965 W Pershing Rd
General Information
Standard status
Active
Size
867 SF - 30,160 SF
Class
B
Total Parking Spaces
300
Property subtype
Industrial
Building Details
Building Size
1,300,000 SF
Tenancy
Multiple
Spaces For Lease
at 1965 W Pershing Rd Contact us- Size
- 2,000 SF
- Type
- Industrial
- Availability
- Active
Available Space 1
- Size
- 1,445 SF
- Type
- Industrial
- Availability
- Active
Available Space 2
- Size
- 2,023 SF
- Type
- Industrial
- Availability
- Active
Available Space 3
- Size
- 30,160 SF
- Type
- Industrial
- Availability
- Active
Available Space 4
- Size
- 867 SF
- Type
- Industrial
- Availability
- Active
Available Space 5
- Size
- 1,179 SF
- Type
- Industrial
- Availability
- Active
Available Space 6
- Size
- 4,637 SF
- Type
- Industrial
- Availability
- Active
Available Space 7
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Listing Agency:
Imperial Realty Company
(773) 736-6461
Listed By:
Theron May · License #IL 471.019986
Source:
Crexi
Added: Mar 14, 2023
Changed: Aug 19
Last Checked: Aug 23 at 10:47AM
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 Imperial Realty Company
Investment Insights
Based on property information with market context.
Clock Tower Industrial Center offers industrial, studio, and warehouse spaces for lease within a well-maintained, 1.3 million-square-foot complex. The former Spiegel distribution center, which relocated in 1994, now houses over 200 businesses. The buildings are fully sprinklered and equipped with 2 to 3 heavy-load elevators each. Tunnels and bridges connect the six buildings. The space is suitable for inactive storage and light manufacturing, with heavy floor loads of 250-350 PSF. The property has parking for 700 cars. Located one mile from the I-55 Stevenson Expressway and two miles from the I-90 (Dan Ryan) Expressway, it also provides immediate access to the CTA #39 bus route. The complex is situated at the south corner of Pershing Road and Damen Avenue, adjacent to the 70-acre McKinley Park Community Area, which includes a swimming pool, turf soccer field, baseball fields, basketball courts, seasonal ice skating, a playground, and a gymnastics center.
Key Highlights
- 1.3 million square feet of industrial, studio, and warehouse space available.
- Excellent location: Just 1 mile to I‑55 and 2 miles to I‑90 with immediate access to CTA Bus Route #39.
- Heavy floor loads: 250‑350 PSF.
Property Analytics
Property Profile
Current Use
Lease Details
NNN (Triple Net)
Lease Type
$0.83 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
683
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
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
$13.23 /SF/Yr
Avg Asking Price
$5.5–$25 /SF/Yr
Price Range
68,898 SF
Avg Space Size
This space is priced 58% below the average of $13.23 /SF/Yr.
Vacancy Rate% for Industrial in Chicago, IL
Questions? Ask Rey
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Similar Off Market Nearby
- Iron Mountain — 2211 W Pershing Rd, Chicago, IL 60609
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- Solang Self Storage Unit — 4500 S Justine St, Chicago, IL 60609, United States
- Next To You Storage Units — 4100 S Ashland Ave, Chicago, IL 60609, United States
Frequently Asked Questions
What type of property is this?
Warehouse - 1.3 million SF industrial, studio, and warehouse space for lease.
Where is this warehouse located?
The property is located at 1965 W Pershing Rd Chicago, IL.
What is the lease rate?
The lease rate is $5.50 SF/Yr.
What are key features of this property?
This property features: 1.3 million square feet of industrial, studio, and warehouse space available.; Excellent location: Just 1 mile to I‑55 and 2 miles to I‑90 with immediate access to CTA Bus Route #39.; Heavy floor loads: 250‑350 PSF.
