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5010 South State StreetChicago, IL 60609Inquire For List Price

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Federal 30-year interest rate: 6.49% last updated on Jun 25, 2026
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  • 1969Year Built

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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.

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Listed by Moses Hall of MoHall Commerical & Urban Development

Based on information submitted to MRED  as of June 28, 2026 . All data is obtained from various sources and has not been, and will not be, verified by broker or MRED.   All information should be independently reviewed and verified for accuracy.  Properties may or may not be listed by the office/agent presenting the information. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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