507 Pershing

Description:

Position your business in one of Chicago’s most historic and rapidly evolving neighborhoods. 507 E. Pershing offers up to approximately 17,250 square feet across 2.5 stories, featuring expansive open floor plates, soaring ceilings, exposed brick, and striking Douglas fir timber beams that create an authentic loft-style environment. The building’s flexible layout allows for a variety of uses including creative office, showroom, studio, educational, light industrial, warehouse, or specialty retail (subject to zoning approval). The space is currently in shell condition, providing tenants the opportunity to design and build out interiors tailored specifically to their operational needs. Located just west of Lake Shore Drive and directly across from the Oakwood Shores residential development, the property benefits from strong neighborhood density and convenient access to Downtown, Hyde Park, and the South Lakefront. Public transportation options and major arterial routes are easily accessible. On-site parking is available, and the building’s wide frontage along Pershing provides excellent visibility and identity signage opportunities. This is an ideal opportunity for businesses seeking character-rich space with flexibility and presence in the growing Bronzeville corridor.


Bronzeville is the area comprising the Douglas, Grand Boulevard, and Oakland communities on the South Side of Chicago, around the Illinois Institute of Technology, VanderCook College of Music, and Illinois College of Optometry. It is accessible via the Green and Red lines of the Chicago "L", as well as the Metra Electric District Main Line. In 2011, a new Metra station, 35th Street station, opened to serve the neighborhood on the Rock Island and proposed South East Service. Bronzeville is located in Chicago's 3rd ward, currently represented by Alderman Pat Dowell.


RE Taxes $13,336 for 2025 Up to ±17,250 SF available across 2.5 stories Approx. ±12,600 SF across main two levels Expansive open floor plates with flexible layouts Soaring ceilings with exposed brick and timber beams True loft-style creative environment Shell condition – build-to-suit opportunity Ideal for creative office, showroom, studio, educational, light industrial, or specialty retail (subject to zoning) Strong street presence along Pershing Road Excellent signage and branding opportunity Located across from Oakwood Shores residential development Convenient access to Lake Shore Drive, Hyde Park & Downtown Chicago On-site parking available

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