


5010 S State StreetChicago, IL 60609
Commercial5010 S State Street Overview
- Time on Site:
- 116 days
- Visits:
- 13
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.
5010 S State Street Facts & Features
- Type Commercial
Details
General
Income/Expenses
- Existing Lease Type: Net
Building Information
- Year Built: 1969
Location/Region
- County Or Parish: Cook
- MLS Area Major: CHI - Grand Boulevard
- Township: Lake
Rent/Lease Information
- Tenant Pays: All Utilities
General Information
- Property Sub Type: Other
- Property Type: Commercial Lease
- Zoning: COMMR
Interior
General Information
- Cooling: None
- Electric: None
- Flooring: Concrete
- Foundation Details: Concrete Perimeter
- Leasable Area: 17749
- Stories: 1
Unit Information
- Unit SqFt.: 17749
Exterior
Building Exterior/Construction
- Construction Materials: Brick, Block, Steel Siding
General Information
- Number Of Units Total: 1
5010 S State Street Neighborhood
Community
60609 (CHICAGO) Demographics
Schools
School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.5010 S State Street Market Data
Based on the last 30 days in this zip code
5010 S State Street History
| Date | Value | Agent |
|---|---|---|
| 3/10/2026Source: MRED | Active |
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| 3/10/2026Source: MRED | Active |
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| 3/10/2026Source: MRED | Active |
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| 3/5/2026Source: MRED | March 05, 2026 |
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| 3/5/2026Source: MRED | March 05, 2026 |
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| 3/5/2026Source: MRED | March 05, 2026 |
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| 7/31/2025Source: MRED | Closed |
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| 6/3/2025Source: MRED | Active |
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| 5/29/2025Source: MRED | May 29, 2025 |
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| 6/20/2022Source: MRED | January 27, 2022 |



























