2101 W Pershing Rd — Sale in Chicago, IL
- Price: Contact for price
- Listing type: For sale
- Asset type: Industrial Property
- Location: Chicago, IL 60609
- Submarket: Chicago South
Photos


Description
Now Available For Sale – McKinley Park Development Opportunity: Mixed Use, Residential, Live-Work, Industrial, or Office Potential Endless options for investors, users and developers looking for a prime Chicago asset. For Investors interested in a lease & hold scenario, the property offers unmatched versatility along with historical character allowing for renovations in the next chapter. For Developers, the ±520,000 SF building on a ±6.31 acre site allows for an efficient vertical development scenario. For Owners-Users, this is an opportunity to own a standalone building with heavy parking in a neighborhood that is and will continue to grow.
Market Context
This industrial in Chicago, IL is listed for sale. Compare it against other industrial listings for sale in Chicago, IL — view the full market.
As of Q2 2026, the Chicago industrial market showed a 5.3% vacancy rate, and rents up 7.4% year over year. Source: multiple brokerage reports, Q2 2026.
Rising rents point to a competitive market where well-priced, well-located assets trade quickly.
Industrial market FAQ
- Is the Chicago industrial market tightening or softening?
- Vacancy is around 5.3%, with asking rents rising year over year (Q2 2026).
Estimated Price per SF
$36.69/SF – $266.83/SF
Mid: $111.18/SF
About 8 in 10 recent recorded sales fell within a range this wide around the estimate. An automated estimate, not an appraisal.
Contact
- Larry Goldwasser, SIOR · 312 334 7201 · larry.goldwasser@cbre.com
- Colin Green, SIOR · 312 334 7202 · colin.s.green@cbre.com
- Michelle Maguire · 312 334 7196 · michelle.maguire@cbre.com
Explore this market
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