IL
Cook
Chicago
60609
5010 S State Street
5010 S State Street, Chicago, IL 60609
Share Listing
Listing Type
Commercial/Industrial
Listing Status
active
22
$12

Home Details for 5010 S State Street

Price
$12
Type
Commercial Lease
Bedrooms
0
Bathrooms
Square feet
NaN
Year built
1969
County
Cook
Garage
Days on site
3
MLS Listing#
12476044
Property Description

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, from retail storefronts and offices to warehouse/distribution, showrooms, auto services and even mixed-use residential or 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 retail 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.

Property Features
  • Cooling Information
    • None
Listing Courtesy: MoHall Commercial & Urban Development - 312-826-9925
Midwest Real Estate Data logo Based on information submitted to the MLS GRID as of 2025-09-19 07:30:19. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Last Updated: 2025-09-19 07:30:19
Transportation
Check the walk, transit, and bike score for
Neighborhood Market Statistics
See average values in the proximity of this property
Median Listing Price
Median Days on Site
Median Square Feet
Market statistics compiled from data from Midwest Real Estate Data.
EXIT REAL ESTATE SPECIALISTS
2405 Essington Rd. Unit 1, Joliet, IL 60435
Eddie Ruettiger
License #: 471022127
Franchisee
Office
815 457 7575
Agent
815 823 5478
Request more details
Code: