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Freestanding Flex Space with Mezzanine
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5010 S State Street, Chicago, IL 60609

Commercial Lease, Chicago, IL

Space Size17,749 SF
Days on Market175

Property Features for 5010 S State Street

General Information

Property type Commercial Lease
Property subtype Retail
Zoning COMMR
Directions State st South to 5010
Subdivision CHI - Grand Boulevard
Standard status Active

Taxes and HOA fees

Tax Year 2023
Tax Annual Amount 20700

Amenities

ADA-compliant restrooms
loading area

Building Details

Year built 1969
Floors in Building 1
Number of units 1
Flooring type Concrete
Building materials Brick, Block, Steel Siding
Listing Agency: MoHall Commercial & Urban Development
Listed By: Moses Hall · License #471019687
Added: Mar 5 Changed: Aug 20 Last Checked: Aug 27 at 11:06PM
MLS# 12584381

Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This freestanding commercial building provides approximately 17,749 square feet across a ground floor and mezzanine. The interior includes a broad open layout, four separate entrances and exits, and 16–19-foot clear ceiling heights. Brand-new ADA-compliant restrooms serve the main level, while the mezzanine is plumbed for additional facilities. Brick, block, and steel siding construction surrounds a concrete-floored interior, with the building dating to 1969.

The property occupies a parcel of more than one acre with on-site parking for 60 vehicles and a loading area. It fronts State Street in Chicago and is positioned a few blocks from the Dan Ryan Expressway, I-90/94. Multiple CTA Red Line and Green Line stations are within walking distance, providing access to the surrounding transit network.

Key Highlights

  • Approximately 17,749 square feet across the ground floor and mezzanine
  • 16–19 ft. clear ceiling heights support varied commercial layouts
  • Four separate entrances and exits

Property Analytics

Current Use

C&Schimneycleaning Services General Contractor

Suggested Use

Top Pick Building Supply Real Estate Agency Law Firm Big Box & Wholesale Store Auto Parts Store HVAC Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

19 ft
Clear height
21,000 VPD
Traffic count
Single-tenant
Tenancy
Yes
Highway access
Yes
Paved road access
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

962
Businesses Nearby
Balanced
Demand for This Use

Demographics for 60609, IL

65,770
Population
26,122
Households
2.5
Avg Household Size
34
Median Age
20%
College-Educated
76%
High-School Grad
7.7 sq mi
ZIP Area
8,542
Density / Sq Mi
$54,142
Median Household Income
$37,694
Median Earnings
$1,070
Median Rent
$251,600
Median Home Value

Market

Lease Benchmarks for Chicago, IL

$17.57 /SF/Yr
Avg Asking Price
$5.5–$36 /SF/Yr
Price Range
23,708 SF
Avg Space Size

Vacancy Rate% for Industrial in Chicago, IL

4.9% 2019
5.4% 2020
4% 2021
3.3% 2022
4.5% 2023
4.5% 2024
4.7% 2025
Rey
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Similar Off Market Nearby

  • Ms. Biscuit 5431 S Wabash Ave, Chicago, IL 60615
  • Sugarplumb Catering 5038 S State St, Chicago, IL 60609
  • Romes Joy Catering 4455 S Martin Luther King Dr, Chicago, IL 60615

Frequently Asked Questions

What type of property is this?
Flex space - Open-plan commercial building offers multiple entrances, upgraded restrooms, and loading access.
Where is this flex space located?
The property is located at 5010 S State Street Chicago, IL.
What are key features of this property?
This property features: Approximately 17,749 square feet across the ground floor and mezzanine; 16–19 ft. clear ceiling heights support varied commercial layouts; Four separate entrances and exits
More about this property
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