The property
Executive summary
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.