4557 S State St - Warehouse FOR SALE


Chicago, IL 60609- Bronzeville
$1,500,000 USD
847-341-6048
4557 S State St, Chicago, IL for Sale
$1,500,000 USD
Warehouse - FOR SALE
1/5
null | Request Cap Rate

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4557 S State St
Chicago, IL 60609
Bronzeville


HIGHLIGHTS

  • Prime Industrial Opportunity: Strategically located at 4557 S. State Street in Chicago's historic Bronzeville neighborhood, offering a rare Southside
  • Exceptional Pricing & Value: Offered at an attractive sale price of $1,500,000, representing an outstanding investment value in Chicago's industrial m
  • Strategic Highway Access: Outstanding highway logistics located just 0.40 miles from I-90, 2 miles from LSD, and 3 miles from I-55
  • Transit-Oriented & Commutable: Exceptionally accessible property boasting a 78 Walk Score and located just 0.6 miles from a Metra commuter station
  • Abundant Surrounding Amenities: Centrally located near 40+ restaurants, 7 cafes, 5 fitness centers, 3 bars, and over 70 personal shopping destinations
  • Steve Kohn: Urban Infill experts for 30 years. Dedicated to making all of your commercial real estate dreams come true.

OVERVIEW

4557 S. State Street presents a premier commercial real estate acquisition opportunity on Chicago’s dynamic South Side. Located in the historic and rapidly revitalizing neighborhood of Bronzeville, this property offers a rare and versatile industrial/commercial footprint for owner-users, logistics providers, and forward-thinking investors. Surrounded by massive neighborhood reinvestment and landmark developments, this asset represents a highly strategic purchase with a competitive sale price of $1,500,000. KEY SPECIFICATIONS & STRUCTURAL HIGHLIGHTS The building is designed to accommodate a diverse range of business, light industrial, and commercial operations: Total Building Size: 37,000 square feet of adaptable space, allowing for flexible zoning layout and operational flow. Office Space: To-suit configuration, offering a blank canvas for custom office build-outs, client consultation suites, or administrative facilities. Ceiling Height: Clean clear heights of 12’ to 13’ throughout, supporting versatile storage and shelving configurations. Loading Infrastructure: Equipped with two (2) Drive-In Doors (DID), facilitating efficient vehicle access, indoor loading, and seamless logistics. Real Estate Taxes: The 2025 real estate tax assessment is $100,845.71. COMMERCIAL ZONING & FLEXIBLE USE POTENTIAL The property is zoned under the C2-2 designation, which is highly prized for its flexibility. It allows for an array of business, service, and commercial activities. In addition to standard commercial warehousing, retail, or office use, the building's physical layout and site configuration unlock a multitude of high-demand industrial and logistics use cases: . EXCEPTIONAL REGIONAL CONNECTIVITY & LOGISTICS Logistics-driven occupiers will benefit from immediate, unencumbered access to Chicago’s primary highway corridors and transport nodes, entirely free from city truck restrictions: I-90 (Dan Ryan Expressway): Located just 0.40 miles away, enabling rapid north-south regional transit and immediate access to the broader Interstate network. Lake Shore Drive (LSD): Positioned 2 miles east, offering an efficient arterial route directly into downtown Chicago and the North Side. I-55 (Stevenson Expressway): Located only 3 miles north, bridging the property to major industrial hubs and shipping lanes. Midway Airport: Highly convenient for regional air freight and corporate travel, located just 7 miles to the west. O'Hare International Airport: Chicago’s global logistics gateway is located 21 miles northwest of the site. TRANSIT-ORIENTED COMMUTING & LOCAL LABOR ADVANTAGE The property features exceptional transit infrastructure, making it highly accessible to both employees and clients: Walk, Transit & Bike Scores: A strong Walk Score of 78, a Transit Score of 76, and a Bike Score of 68 underscore the highly walkable and public transit-friendly nature of this location. Metra Commuter Rail: A Metra station is located a brief 0.6 miles away, providing rapid, direct rail access for suburban commuters. Abundant Local Labor Pool: Occupiers will gain access to an abundant, highly coveted labor pool of skilled and semiskilled workers from the surrounding communities. THE BRONZEVILLE RENAISSANCE: LOCAL MARKET CONTEXT Acquiring 4557 S. State Street places your business at the center of the Bronzeville Renaissance. As Chicago’s historic 'Black Metropolis' and a 2023 National Heritage Area, Bronzeville is experiencing an unprecedented surge in adaptive reuse. Purchasing this asset allows investors to capitalize on this rising tide alongside celebrated local transformations: Omni Ecosystems Headquarters (4131 S. State Street): Just blocks away, the historic 1920s Bowman Dairy bottling plant was transformed into a 65,000 SF biophilic headquarters.. Loeb Lofts (4130 S. Wabash Avenue): A former turn-of-the-19th-century bakery repurposed as creative and light industrial coworking loft space. The Lillian Marcie Center (4343 S. Cottage Grove Avenue): A $25 million adaptive reuse of a historic Marshall Field warehouse stable, featuring a 350-seat theater, a 100-seat black box, and the African American Museum of the Performing Arts. The Forum (318-328 E. 43rd Street): Built in 1897, this historic assembly hall is being restored by Urban Juncture as a modern cultural and hospitality hub. VIBRANT NEIGHBORHOOD AMENITY LANDSCAPE Your employees and clients will be supported by a dense, walkable commercial ecosystem that includes a wealth of retail, dining, and wellness options: Dining & Fast Casual (40+ Restaurants, 10 Fast Casual): Excellent options are close at hand, including local staples like Harold’s Chicken, Chicago Wingz Around, Pinky’s Treats, Ivory & K’s Gourmet P, and Chicago Express Grill. Fast-casual options include Kennedy Fish & Chick, Petey’s Gyros, Nicky’s Gyros, Subway, and Union Sub. Cafes & Gathering Places (7 Cafes, 3 Bars): Ideal for coffee meetings or after-work socializing, featuring local favorites like Sip and Savor, Mitchell’s Ice Cream, Shawn Yogurt Shop, Dirty Tiff’s Cafe, and The Met Cafe, as well as nearby bars such as Renaissance Bronzeville, Juke Joynt, and Kelly’s Tavern. Wellness & Fitness Centers (5 Gyms): Excellent health and fitness options include Mettle Fitness, LLC, Outdoor Fitness Center, Youth Potion Fitness, The Inferno Barre and Yoga, and Fit Knonekt Gym Boxville. Personal Shopping (70+ Destinations): A thriving local commercial district featuring PLRB Apparel, Legacy Men’s Boutique, JC Shoe Shine Parlor, Dress Code, and Aurum Crinis. ACQUISITION & LEASING CONTACT For more information, to request a property tour, or to discuss custom leasing and to-suit office configurations, please reach out to the exclusive listing broker: Broker: Steven A. Kohn, SIOR – Principal, Industrial Division Firm: Avison Young – United States Industrial Group Direct Phone: +1 (847) 849-1912 Mobile Phone: +1 (847) 341-6048 Email: steven.kohn@avisonyoung.com Web: avisonyoung.com

FOR SALE DETAILS

PRICE

$1,500,000 USD

PRICE/SF

$41 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Doorway to Bronzeville

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Warehouse

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1923

UTILITIES

-

CLEAR CEILING HT

13 Ft

DOCKS

-

DRIVE INS

2

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.47

LAND SF

20,286

ZONING

C2-2

APN/PARCEL ID

20-03-312-021-0000,20-03-312-022-0000,20-03-312-023-0000

ASK ABOUT THIS PROPERTY

Steven KohnAvison YoungMore Info
847-341-6048

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Steven KohnAvison YoungMore Info
847-341-6048

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.