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Listed by Adam Schneidermanof Strauss Realty Ltd
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Est. payment | /mo
320,000 SqFt
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Est. payment | /mo
320,000 SqFt
Key Details
Property Type Commercial
Sub Type Industrial
Listing Status Active
Purchase Type For Sale
Square Footage 320,000 sqft
MLS Listing ID 12807682
Year Built 1928
Annual Tax Amount $218,552
Tax Year 2025
Lot Size 3.380 Acres
Lot Dimensions 274x534
Property Sub-Type Industrial
Property Description
Redevelopment Opportunity Across from McKinley Park. Strauss Realty presents two adjacent multi-story industrial loft buildings totaling approximately 320,000 SF on 3.38 acres. Located directly across from McKinley Park, the property offers substantial scale and potential for adaptive reuse or redevelopment, with convenient access to I-55 and public transportation. Potential residential, live/work, flex, office or data center redevelopment, subject to zoning and approvals. Central Manufacturing District Revitalization: A $186 million mixed-use redevelopment of the historic Quartermaster Depot at 1769 W. Pershing Road is underway less than half a mile from 2139-2159 W. Pershing Road. The 6.5-acre project will transform the former U.S. Army warehouse into a vibrant mixed-use destination featuring residential units, office and technology space, retail amenities, and parking. Supported by over $30 million in approved TIF assistance, the redevelopment represents a significant investment in the revitalization of Chicago's historic Central Manufacturing District, bringing new residents, businesses, and economic activity to the area while enhancing the long-term appeal of nearby properties.
Location
State IL
County Cook
Interior
Cooling Central Individual
Fireplace N
Exterior
View Y/N true
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