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Key Details
Property Type Commercial
Sub Type Office/Tech
Listing Status Active
Purchase Type For Rent
MLS Listing ID 12584271
Year Built 1969
Property Sub-Type Office/Tech
Property Description
Discover an exceptional opportunity to lease 11,185 sq ft of premier second-floor office space at 5050 S State St, Chicago, IL, in the heart of the dynamic and historic Bronzeville neighborhood. This B3-2 zoned property offers an ideal environment for businesses seeking a vibrant, strategically located community with a rich cultural heritage and a promising future. Bronzeville is undergoing a remarkable transformation, attracting forward-thinking businesses and organizations due to its prime location and significant developments. The Bronzeville Lakefront project, a 100+ acre redevelopment of the former Michael Reese Hospital site, is set to turn the area into a global hub for innovation and wellness. This transformative project will feature cutting-edge medical research facilities, vibrant retail spaces, and expansive parkland. Additionally, the upcoming 50-story mixed-use tower at 2601 S Martin Luther King Drive highlights the neighborhood's rapid growth and increasing appeal to both local and national businesses. The B3-2 zoning allows for a wide range of business types, including professional office spaces, medical offices, and retail storefronts. This flexibility makes the space particularly attractive for medical groups and healthcare organizations looking to expand into a neighborhood on the rise. With proximity to the Bronzeville Lakefront's medical research facilities and a rapidly growing population, healthcare providers have a unique opportunity to establish practices that meet the evolving needs of the community. The increasing demand for medical services makes this space an ideal location for clinics, specialty practices, and wellness centers. Current tenants like DaVita Dialysis, Alderman Dowell's 3rd Ward Office, and Nail Master demonstrate the building's appeal to professional and community-focused organizations. The office space includes elevator access and an on-site parking lot, offering convenience for both employees and clients. With abundant natural light, modern finishes, and a flexible layout, this space is perfect for corporate offices, non-profits, healthcare providers, and more. Situated with easy access to I-90/94, the property offers unparalleled connectivity and high visibility, ensuring your business stands out in a bustling area with over 225,000 vehicles passing daily. Bronzeville's continued development, including new schools, residential projects, and retail expansions, positions it as a prime location for businesses looking to be part of Chicago's next great chapter. Seize this rare opportunity to grow your business in one of Chicago's most dynamic neighborhoods.
Location
State IL
County Cook
Area Chi - Grand Boulevard
Zoning COMMR
Interior
Cooling Central Air
Fireplace N
Building
Dwelling Type Office/Tech
Structure Type Brick
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Listed by Moses Hall of MoHall Commercial & Urban Development