Chicago, IL 60609 5010 S State Street

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Presented By: MoHall Commercial & Urban Development
  • MLS# 12476044
  • 09/19/2025
  • Request Tour
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  • SQFT • 17,749

Home Details

Presenting a prime commercial leasing opportunity in Chicago's Bronzeville neighborhood: 5010-5020 S. State Street is a freestanding building encompassing approximately 17,749 square feet (ground floor plus mezzanine) of flexible space. The property's B3-2 zoning (Community Shopping District) allows a wide range of uses, warehouse/distribution, showrooms, auto services and creative commercial projects. Originally built as a supermarket, the structure features an expansive open floor plan with four separate entrances/exits, soaring 16-19 ft. clear ceiling heights, brand-new ADA-compliant restrooms, and an existing mezzanine already plumbed for additional facilities. These modern upgrades and design elements provide a turn-key canvas ready to accommodate a national credit tenant's flagship concept, corporate office, or multi-purpose commercial vision. Exceptional site infrastructure and access: The building sits on a large 1+ acre parcel, including parking for 60 vehicles on-site. Such abundant dedicated parking and loading area make it ideal for high-volume retail or warehousing uses. Connectivity is another highlight: the location is just a few blocks from the Dan Ryan Expressway (I-90/94), offering easy regional access for commuters and logistics. Multiple CTA train stations (Red Line and Green Line) are within walking distance, seamlessly linking the site to Chicago's transit network and workforce. Additionally, State Street itself is a high-visibility commercial corridor, carrying an estimated 21,000 vehicles per day past this property. The address lies in Chicago's Ward 03 (Alderman Pat Dowell), an area currently benefiting from robust City investment initiatives. Tenants here can potentially leverage economic development incentives such as Tax Increment Financing (TIF) district resources or Small Business Improvement Fund (SBIF) grants to support build-out and improvements, and the Bronzeville neighborhood is part of the City's INVEST South/West revitalization corridor. This location stands at the heart of a transforming Bronzeville. Just a few blocks north, the multi-phase Legends South project is redeveloping the former 140-acre Robert Taylor Homes site into one of Chicago's largest mixed-income communities, with 2,400 new homes planned and new retail amenities now under construction for the first time in over a decade. Further catalyzing the neighborhood's resurgence is the massive Bronzeville Lakefront development underway a short drive to the north. This $3.8 billion mega-project will deliver up to 7 million square feet of new offices, research facilities, retail and residences - and is projected to create 20,000 new permanent and temporary jobs upon completion. The influx of new residents, workforce and visitors from these developments is set to dramatically increase local spending power and foot traffic, positioning 5010-5020 S. State Street as a strategic location to serve Bronzeville's renaissance and booming economic activity.
Presented By: MoHall Commercial & Urban Development

General for 5010 S State Street

CityChicago
Construction MaterialsBrick, Block, Steel Siding
CoolingNone
CountyCook
DirectionsState st South to 5010
ElectricNone
Leasable Area17749
Lease TypeNet
MLS AreaCHI - Grand Boulevard
ModificationTimestamp2025-09-30T18:54:01.702Z
Net Operating Income
Number Of Units Total1
Property SubtypeOther
Property TypeCommercial Lease
Property TypeRetail/Stores
Standard StatusActive
StatusActive
Stories Count1
Tax Annual Amount20700
Tax Year2023
TownshipLake
Year Built1969
ZoningCOMMR

Exterior for 5010 S State Street

Foundation DetailsConcrete Perimeter

Additional Details

Price History

Client Care

Price $12
MLS#12476044
List Date 09/19/2025
Property Type Commercial
Phone 847.485.2500
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