Property profile

70 Pershing Rd Chicago, IL 60653

OFF-MARKET
Retail properties & Spaces
Property ID
US28-1963193
2,680 SF Built 2018
Entity Owned
Saved · see the list in your Dashboard

Property summary

AI-generated overview

This exceptional 2,680-square-foot retail space at 70 East Pershing Road in Chicago's vibrant Bronzeville neighborhood presents a unique investment opportunity. Built in 2018 and extensively renovated in 2023, this single-tenant property offers a modern and move-in ready environment. The space is currently entirely vacant, providing flexibility for a wide range of businesses. Located in a rapidly revitalizing area, the property benefits from high foot traffic and proximity to public transportation—just one block away. The generous C1-3 zoning allows for diverse commercial uses. This location offers significant advantages over comparable spaces in other areas, such as Hyde Park, at a significantly lower cost. The property's excellent property management ensures a smooth and efficient operation. With its modern amenities, prime location, and attractive price point, this space is ideal for businesses seeking a thriving and accessible location in a rapidly growing Chicago neighborhood. The building's total square footage is 2,680 square feet, all of which is currently available for lease. Cook County location and a 60653 zip code.

Property profile

Verified
Property type Retail properties & Spaces
Year built 2018
Total area 2,680 SF
UPID US28-1963193

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Cafe & Coffee Shop

Location

70 Pershing Rd Chicago, IL 60653
Chicago metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request

Owner & transaction history

since 2025
5 recorded transactions
2026
Price N/A
2025
Price N/A
2021
Price N/A
2019
Price N/A
2017
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 70 Pershing Rd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message