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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, 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.
Full Property Details
Full Property Details for 5010 S State St
General
- Price: $8
- Status: Active
- Type: Commercial Lease
- Source: MRED
- MLS ID: 12584368
- Updated: 3/11/2026
- Added to Site: 30 day(s) ago
Interior
- Interior Features: Mezzanine
- Flooring: Concrete
Location
- Area: CHI - Grand Boulevard
- County: Cook
- Township: Lake
- Driving Directions: State st South to 5010
- Location Details: Chicago South, 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
- Drive-In Doors: 1
- Sub-Flooring: Concrete
- Stories/Levels: 1
- Year Built: 1969
- Built Before 1978: Yes
Lot Features
- Zoning: COMMR
Financial Considerations
- Lease Price: $8
- For Sale/Rent/Lease: For Rent Only
- Assessment Year: 1969
- Tenant Pays: All Utilities
Listed by MoHall Commercial & Urban Development
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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 ATTOM Data Solutions 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
3/05/2026
Listed
$8
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 5010 S State St
5010 S State Street, Chicago, IL 60609 (MLS# 12584368) is a Commercial Lease property. 5010 S State Street is currently listed for $8 and was received on March 05, 2026. Want to learn more about 5010 S State Street? Do you have questions about finding other Commercial Lease 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.

