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Freestanding Flex Space Building
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5010 S State Street, Chicago, IL 60609

Commercial Lease, Chicago, IL

Space Size17,749 SF
Days on Market169

Property Features for 5010 S State Street

General Information

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

Amenities

four separate entrances/exits
brand-new ADA-compliant restrooms
existing mezzanine plumbed for additional facilities

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 21 at 6:06PM
MLS# 12584342

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.

Available for lease, this freestanding flex space building at 5010 S. State Street provides approximately 17,749 square feet across a ground floor and mezzanine. The interior features an expansive open plan, four separate entrances and exits, and 16–19 ft. clear ceiling heights. Brand-new ADA-compliant restrooms serve the building, while the mezzanine is already plumbed for additional facilities. Brick, block, and steel siding construction with concrete flooring dates to 1969.

The property occupies a large 1+ acre parcel with on-site parking for 60 vehicles and a loading area. State Street carries an estimated 21,000 vehicles per day, and the site is a few blocks from the Dan Ryan Expressway, I-90/94. Red Line and Green Line CTA stations are also within walking distance, providing access to Chicago’s transit network.

Key Highlights

  • Approximately 17,749 square feet across ground floor and mezzanine
  • 16–19 ft. clear ceiling heights with an expansive open floor plan
  • 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

21,000 VPD
Traffic count
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

$16.83 /SF/Yr
Avg Asking Price
$6–$34 /SF/Yr
Price Range
24,022 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
  • Romes Joy Catering 4455 S Martin Luther King Dr, Chicago, IL 60615
  • Sugarplumb Catering 5038 S State St, Chicago, IL 60609

Frequently Asked Questions

What type of property is this?
Flex space - Freestanding commercial space combines an open layout, mezzanine, multiple entrances, parking, and access to transit and regional highways.
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 ground floor and mezzanine; 16–19 ft. clear ceiling heights with an expansive open floor plan; Four separate entrances and exits
More about this property
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