Second-Floor Medical Office
For Lease
$8 SF/Yr
5050 S State St Unit 2, Chicago, IL 60609
Flexible office environment with elevator access, on-site parking, natural light, and modern finishes.
Space SizeContact for details
Days on Market85
Property Features for 5050 S State St Unit 2
General Information
Standard status
Active
Building Details
Year Built
1969
Listing Agency:
MoHall Commercial & Urban Development
Listed By:
Moses Hall · License #471019687
(312) 826-9925
Source:
Realtopiare
Added: Jul 13
Changed: Sep 26
Last Checked: Oct 4 at 1:23PM
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.
This 11,185-square-foot second-floor medical office space at 5050 S State St Unit 2 offers a flexible layout with modern finishes and abundant natural light. Elevator access and an on-site parking lot support convenient visits for staff and clients. Built in 1969, the property is zoned B3-2, a designation identified for professional offices, medical offices, and retail storefronts.
The property is in Chicago’s Bronzeville neighborhood with access to I-90/94 and reported daily traffic of over 225,000 vehicles. Existing occupants include DaVita Dialysis, Alderman Dowell’s 3rd Ward Office, and Nail Master. The surrounding area includes the Bronzeville Lakefront redevelopment, new schools, residential projects, and retail expansion.
The property is in Chicago’s Bronzeville neighborhood with access to I-90/94 and reported daily traffic of over 225,000 vehicles. Existing occupants include DaVita Dialysis, Alderman Dowell’s 3rd Ward Office, and Nail Master. The surrounding area includes the Bronzeville Lakefront redevelopment, new schools, residential projects, and retail expansion.
Key Highlights
- 11,185 square feet of second‑floor medical office space
- B3‑2 zoning supports professional office, medical office, and retail storefront uses
- Elevator access serves the second‑floor space
Property Analytics
Current Use
Lease Details
NNN (Triple Net)
Lease Type
$1.20 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
962
Businesses Nearby
Under-served
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
$33.23 /SF/Yr
Avg Asking Price
$8–$94 /SF/Yr
Price Range
27,426 SF
Avg Space Size
This space is priced 76% below the average of $33.23 /SF/Yr.
Vacancy Rate% for Office in Chicago, IL
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Medical Office Space - Flexible office environment with elevator access, on-site parking, natural light, and modern finishes.
Where is this medical office space located?
The property is located at 5050 S State St Unit 2 Chicago, IL.
What is the lease rate?
The lease rate is $8 SF/Yr.
What are key features of this property?
This property features: 11,185 square feet of second‑floor medical office space; B3‑2 zoning supports professional office, medical office, and retail storefront uses; Elevator access serves the second‑floor space
