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$575,000
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Property Description
Warehouse Investment Opportunity - 5010-5020 S. State St, Chicago, IL Solid brick building with 2 PINs: 20092160690000 & 20092230470000. Approx. 16,500 SF building on a 50,340.5 SF lot (265X192). Located near Dan Ryan Expressway for easy access, with 60 parking spaces and strong potential for redevelopment or investment. Key Features: * Updated electrical systems * 2 brand new bathrooms * Spacious approx. 700 sqft mezzanine with 2 bathrooms that need updates, but plumbing is already in place. * 4 entrances/exits for convenient loading and operations * Previously used as a supermarket Perfect for: * Warehouse/Distribution * Wholesale/Resale Showroom *Light manufacturing, auto repair, event venue, indoor sports faciliti, self-storage, mixed-use development, commercial kitchen or an art studio * Bring your investors and submit an offer today!
Full Property Details
Full Property Details for 5010 S State St
General
- Sold For: $575,000
- Taxes: $20,689 (2023)
- Status: Closed
- Type: Commercial
- Source: MRED
- MLS ID: 12378365
- Added to Site: 232 day(s) ago
Location
- Area: CHI - Grand Boulevard
- County: Cook
- Driving Directions: State st South to 5010
- Location Details: Chicago South, Central Business District, Mixed-Use Area, Out Lot of Shopping Center, Public Transport Avail, High Traffic Area
Heating & Cooling
- Cooling Type: None
- Heating Type: None
Structural Information
- Construction: Brick, Block, Steel Siding
- Exterior Const.: Brick, Block, Steel Siding
- Foundation: Concrete Perimeter
- Stories/Levels: 1
- Square Feet: 16,000
- Year Built: 1969
- Built Before 1978: Yes
Lot Features
- Lot Size (Sq. Ft.): 50,880
- Lot Dimensions: 265 x 192
- Zoning: COMMR
Financial Considerations
- For Sale/Rent/Lease: For Sale Only
- Assessment Year: 1969
- Tax Amount: $20,689
- Tax Year: 2023
Disclosures and Reports
- Property ID: 20092160690000
Listed by Century 21 Circle
Sold by Non Member
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Schools
Schools serving 5010 S State St
School District:Chicago Public School District 299
| Name | Grades | Distance |
|---|---|---|
Beethoven Elementary School 25 West 47th Street, Chicago, IL 60609 | PK-8 | 0.3 mi |
Phillips Academy High School 244 East Pershing Road, Chicago, IL 60653 | 12-11 | 1.5 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 5010 S State St
Date
Details
Price
Change
Source
7/22/2025
Sold
$575,000
-8%
MLS
5/29/2025
Listed
$625,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
5010 S State Street, Chicago, IL 60609 (MLS# 12378365) is a Commercial property that was sold at $575,000 on July 22, 2025. Want to learn more about 5010 S State Street? Do you have questions about finding other Commercial real estate for sale in Grand Boulevard? You can browse all Grand Boulevard real estate or contact a Coldwell Banker agent to request more information.

