312-826-9925
5010 S State St, Chicago, IL for Rent

$12.00 USD /SF/yr

Retail - For Rent
1/22
17,000 SF | 1 Space

NEW


5010 S State St
Chicago, IL 60609
Bronzeville


HIGHLIGHTS

  • 17,749 SF Freestanding Building with Flexible B3-2 Zoning
  • Prime Location with 60+ On-Site Parking Spaces & 21,000 Daily Vehicles
  • Surrounded by Transformative Developments & Business Incentives

OVERVIEW

MoHall Commercial presents a premier commercial leasing opportunity in Chicago’s Bronzeville neighborhood. 5010–5020 S. State Street is a freestanding property offering 17,749 square feet of flexible space, including a ground floor with soaring 16–19 ft. clear heights and a mezzanine plumbed for additional facilities. The building’s B3-2 zoning (Community Shopping District) supports a wide variety of uses—from retail, offices, and medical services to warehouse/distribution, showrooms, fitness centers, auto services, and even mixed-use residential development. Originally built as a supermarket, the property features an expansive open floor plan, four separate entrances/exits, brand-new ADA-compliant restrooms, and the infrastructure national credit tenants demand. This rare 1+ acre site also provides dedicated parking for approximately 60 vehicles, an extraordinary advantage for tenants requiring high visibility and easy access. Located just blocks from the Dan Ryan Expressway (I-90/94), the property offers exceptional regional connectivity for both commuters and logistics users. The site is also accessible by public transit, with CTA Red Line and Green Line stations within walking distance. State Street itself is a high-traffic commercial corridor, with an estimated 21,000 vehicles passing the property each day, creating unmatched exposure for signage and branding. The property is located in Chicago’s Ward 03, represented by Alderman Pat Dowell, an area benefiting from significant City investment and access to incentive programs such as Tax Increment Financing (TIF), the Small Business Improvement Fund (SBIF), and the INVEST South/West initiative. The surrounding Bronzeville community is in the midst of a historic renaissance, with transformative projects shaping the area’s future. The multi-phase Legends South development is redeveloping the former Robert Taylor Homes into one of Chicago’s largest mixed-income communities, delivering thousands of new homes and retail amenities. Just north, the $3.8 billion Bronzeville Lakefront mega-project will bring up to 7 million square feet of new commercial, research, retail, and residential space, generating more than 20,000 jobs. These projects are driving a surge in local population, workforce, and consumer spending power—making this site a strategic opportunity for national tenants looking to anchor their presence in a high-growth corridor. Offered at a highly competitive lease rate of $12/SF NNN, 5010–5020 S. State Street delivers the perfect balance of scale, flexibility, and market momentum. With its strong zoning, modern upgrades, abundant parking, and proximity to transformative developments, this property is primed to become the next flagship destination in Bronzeville’s resurgence.

RENTAL DETAILS

SPACE AVAILABLE

17,000 SF

# OF SPACES

1

RENT/MONTH

$17,000 USD /mo

RENT RATE (MO)

$1.00 USD /SF/mo

RENT RATE (YR)

$12.00 USD /SF/yr

LEASE TYPE

Triple Net

LEASE LENGTH

Negotiable

AVAILABLE

Now

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Supermarket

TOTAL BUILDING SIZE

17,000 SF

YEAR BUILT

1969

PARKING SPACES

60

LAND DETAILS

LAND ACRES

1.13058 AC

LAND SF

49,248 SF

ZONING

B3-2

ASK ABOUT THIS PROPERTY

Moses HallMoHall Commercial & Urban DevelopmentMore Info
312-826-9925

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

Moses HallMoHall Commercial & Urban DevelopmentMore Info
312-826-9925

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