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Second-Floor Office Units
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5050 S State Street, Chicago, IL 60609

Commercial Lease, Chicago, IL

Space Size11,185 SF
Days on Market168

Property Features for 5050 S State Street

General Information

Property type Commercial Lease
Property subtype Office
Zoning COMMR
Directions State Street to 5050 | I 90/94 to 55th to State south to 5050 | NWC 51st and State
Subdivision CHI - Grand Boulevard
Standard status Active

Utilities

Cooling system Central Air

Amenities

on-site parking lot

Building Details

Year built 1969
Floors in Building 2
Number of units 9
Building materials Brick
Listing Agency: MoHall Commercial & Urban Development
Listed By: Moses Hall · License #471019687
Added: Mar 5 Changed: Aug 20 Last Checked: Aug 20 at 11:06PM
MLS# 12584271

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 is 11,185 square feet of second-floor office space at 5050 S State Street in Chicago’s Bronzeville neighborhood. The property was built in 1969 and features brick construction, central air, elevator access, abundant natural light, modern finishes, and a flexible layout. An on-site parking lot supports daily access for employees and visitors.

The location provides access to I-90/94 and is reported to see more than 225,000 vehicles passing daily. The building includes DaVita Dialysis, Alderman Dowell’s 3rd Ward Office, and Nail Master among its current tenants. Nearby development includes the 100+ acre Bronzeville Lakefront project at the former Michael Reese Hospital site and a planned 50-story mixed-use tower at 2601 S Martin Luther King Drive.

Key Highlights

  • 11,185 SF of second‑floor office space
  • Elevator access and on‑site parking lot
  • Central air, modern finishes, and abundant natural light

Property Analytics

Current Use

Dr. Patricia Y. ... Pediatrician Dr. Amy Ramirez, ... Pediatrician MARY HAMMES Physician Dr. Michael L. ... Pediatrician Osaretin Oronsaye Physician

Suggested Use

Top Pick Building Supply Real Estate Agency Big Box & Wholesale Store Law Firm 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

Yes
Highway access
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

962
Businesses Nearby

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

$29.31 /SF/Yr
Avg Asking Price
$6.8–$133 /SF/Yr
Price Range
13,714 SF
Avg Space Size

Vacancy Rate% for Office in Chicago, IL

17.9% 2019
19.2% 2020
20.7% 2021
23.1% 2022
23.3% 2023
25.1% 2024
25.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Office units - Flexible commercial workspace with elevator service, central air, abundant natural light, and on-site parking.
Where is this office units located?
The property is located at 5050 S State Street Chicago, IL.
What are key features of this property?
This property features: 11,185 SF of second‑floor office space; Elevator access and on‑site parking lot; Central air, modern finishes, and abundant natural light
More about this property
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