Freestanding Flex Space with
For Lease
$12 SF/Yr
5010 S State Street, Chicago, IL 60609
Open-plan commercial building offers multiple entrances, high clear heights, dedicated parking, and access to regional highways and CTA stations.
Space Size17,749 SF
Days on Market169
Property Features for 5010 S State Street
General Information
Standard status
Active
Size
17,749 SF
Net Rentable
17,749 SF
Total Parking Spaces
60
Zoning
COMMR
Space & Availability
Available Space
17,749 SF
Contiguous Space
17,749 SF
Floor
Ground
Site & Location
Traffic Count
21,000 vehicles/day
Highway Access
Yes
Road Access
Yes
Additional Details
Clear Height
19 ft
Taxes and HOA fees
Annual Taxes
$20,700
Amenities
brand-new ADA-compliant restrooms
existing mezzanine plumbed for additional facilities
four separate entrances/exits
soaring 16-19 ft. clear ceiling heights
loading area
Building Details
Year Built
1969
Buildings
1
Stories
1
Units
1
Building Size
17,749 SF
Tenancy
Single
Listing Agency:
MoHall Commercial & Urban Development
(312) 826-9925
Listed By:
Moses Hall · License #471019687
(312) 826-9925
Source:
Cavanaghrealty
Added: Mar 5
Changed: Aug 20
Last Checked: Aug 20 at 9:36AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of MoHall Commercial & Urban Development
Investment Insights
Based on property information with market context.
Located at 5010 S State Street in Chicago’s Bronzeville neighborhood, this freestanding flex property provides approximately 17,749 square feet across a ground floor and mezzanine. The open interior includes four separate entrances and exits, 16–19 ft. clear heights, brand-new ADA-compliant restrooms, and a mezzanine already plumbed for additional facilities. The building was constructed in 1969 and was originally used as a supermarket.
The property occupies a large 1+ acre parcel with on-site parking for 60 vehicles and a loading area. State Street is identified as a commercial corridor carrying an estimated 21,000 vehicles per day. The site is a few blocks from the Dan Ryan Expressway, I-90/94, and within walking distance of multiple Red Line and Green Line CTA stations.
Nearby redevelopment includes the Legends South project and the Bronzeville Lakefront development, which is planned to include offices, research facilities, retail, residences, and employment-generating uses.
The property occupies a large 1+ acre parcel with on-site parking for 60 vehicles and a loading area. State Street is identified as a commercial corridor carrying an estimated 21,000 vehicles per day. The site is a few blocks from the Dan Ryan Expressway, I-90/94, and within walking distance of multiple Red Line and Green Line CTA stations.
Nearby redevelopment includes the Legends South project and the Bronzeville Lakefront development, which is planned to include offices, research facilities, retail, residences, and employment-generating uses.
Key Highlights
- Approximately 17,749 square feet across a ground floor and mezzanine
- 16–19 ft. clear ceiling heights and four separate entrances/exits
- Brand‑new ADA‑compliant restrooms; mezzanine is plumbed for additional facilities
Property Analytics
Property Profile
Current Use
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
$1.80 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
962
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
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
This space is priced 29% below the average of $16.83 /SF/Yr.
Vacancy Rate% for Industrial in Chicago, IL
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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 - Open-plan commercial building offers multiple entrances, high clear heights, dedicated parking, and access to regional highways and CTA stations.
Where is this flex space located?
The property is located at 5010 S State Street Chicago, IL.
What is the lease rate?
The lease rate is $12 SF/Yr.
What are key features of this property?
This property features: Approximately 17,749 square feet across a ground floor and mezzanine; 16–19 ft. clear ceiling heights and four separate entrances/exits; Brand‑new ADA‑compliant restrooms; mezzanine is plumbed for additional facilities
