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Bronzeville Exchange on State Street 5010 S State St 17,000 SF of Industrial Space Available in Chicago, IL 60609
HIGHLIGHTS
- 17,749 SF Freestanding Building with Flexible B3-2 Zoning
- Surrounded by Transformative Developments & Business Incentives
- Prime Location with 60+ On-Site Parking Spaces & 21,000 Daily Vehicles
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 17,000 SF | Negotiable | $12.00 /SF/YR $1.00 /SF/MO $204,000 /YR $17,000 /MO | Triple Net (NNN) |
1st Floor
MoHall Commercial presents an exceptional leasing opportunity in the heart of Bronzeville at 5010–5020 S State Street. This expansive 17,749 SF freestanding building offers unmatched flexibility for national brands seeking industrial, showroom, medical, office, or creative commercial space. Zoned B3-2, the site supports a wide array of uses and is ideally suited for tenants looking to establish a flagship presence in a rapidly revitalizing urban corridor. The space features soaring 16–19 ft. ceilings, four dedicated entrances, new ADA-compliant restrooms, and an open floor plan ready for buildout. Situated on over an acre with 60+ private parking spaces, the property offers rare city convenience for high-traffic uses. Located just blocks from I-90/94 and within walking distance to CTA Red and Green Line stations, it offers excellent visibility and commuter access. With 21,000+ vehicles passing daily on State Street, tenants gain powerful signage and branding exposure. Take advantage of proximity to major public-private developments including the $3.8B Bronzeville Lakefront project and 2,400-unit Legends South, creating dense foot traffic and strong consumer spending. Eligible for TIF, SBIF, and INVEST South/West programs, this property provides both strategic positioning and potential financial incentives—making it a top-tier site for national and regional tenants ready to scale in Chicago.
- Lease rate does not include utilities, property expenses or building services
- Freestanding 17,749 SF space with 60+ on-site park
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
PROPERTY FACTS
| Total Space Available | 17,000 SF | Gross Leasable Area | 17,000 SF |
| Property Type | Retail | Year Built | 1969 |
| Property Subtype | Supermarket | Parking Ratio | 3.53/1,000 SF |
| Total Space Available | 17,000 SF |
| Property Type | Retail |
| Property Subtype | Supermarket |
| Gross Leasable Area | 17,000 SF |
| Year Built | 1969 |
| Parking Ratio | 3.53/1,000 SF |
ABOUT THE PROPERTY
MoHall Commercial presents an urban infill flex and industrial leasing opportunity in Chicago’s Bronzeville neighborhood. 5010–5020 S State Street is a freestanding 17,749 square foot building with clear heights ranging from 16 to 19 feet on the main level and a mezzanine plumbed for additional facilities. The open floor plan, four separate entrances and brand new ADA compliant restrooms make the site highly adaptable for warehouse, last mile distribution, light assembly, maker space, and operations with integrated office. Ground level access supports pick and pack workflows and at grade loading, and existing infrastructure aligns with the needs of national credit logistics users. B3-2 zoning provides a wide range of commercial and flex industrial options, including storage, distribution, light manufacturing, professional services, and back office. Tenants can configure the mezzanine for support functions such as break areas, conference, training or inventory management. The site spans more than one acre with dedicated parking for approximately 60 vehicles, creating room for employee parking, service vans, and staging. Positioned just blocks from the Dan Ryan Expressway I-90 and I-94, the property offers direct regional connectivity for deliveries and commuter access. CTA Red Line and Green Line stations are within walking distance for workforce convenience. State Street carries an estimated 21,000 vehicles per day, providing strong visibility for signage and branding. The property sits in Chicago’s Ward 03 represented by Alderman Pat Dowell, with proximity to City programs that can support build out or operations such as Tax Increment Financing, the Small Business Improvement Fund, and INVEST South/West. The surrounding Bronzeville community is experiencing sustained investment, including the multi phase Legends South redevelopment and the Bronzeville Lakefront plan, which together add housing, employment centers, research space, and services that grow the local workforce and daytime population. Offered at a competitive lease rate of 12 dollars per square foot NNN, 5010–5020 S State Street delivers scale, access, and flexibility for modern logistics. With its clear heights, adaptable floor plate, generous parking, and immediate highway and transit access, this urban core location is built for distribution, fulfillment, and light industrial users ready to expand in a high growth corridor.
NEARBY MAJOR RETAILERS
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Bronzeville Exchange on State Street | 5010 S State St