111 Walnut Ln
Colona, IL 61241

111 N Walnut Lane is subdivided into three suites located just seven miles from I-280 and twelve miles off of I-80. The property is a total of 12,076 SF which is a mix of office & warehouse space. This industrial facility offers a great opportunity to growing your business in Colona, IL!

Suite 1 is a total of 6,700 SQ FT of warehouse space. The unit includes a loading dock, radiant heat, & LED lighting. The unit is also equipped with two dock doors (9 FT x 10 FT), one 9 FT x 9 FT overhead door, and one 14 FT x 12 FT overhead door. Build-to-suit options are available.

Rent is $8.06/SF/YR ($4,500.00/Month). Security Deposit of $4,500.00. Tenant is responsible for monthly rent, utilities (electricity, gas, garbage, internet, cable), and fire & liability coverage insurance. Landlord will cover lawn care & snow removal, property taxes, property insurance, and maintenance expenses (roof, mechanical systems, & exterior of the property). A 12-month lease minimum is required. Available for lease starting April 1st, 2026 or later. No outdoor storage is permitted.

Additional space is available at this facility. Contact MillCo Management for more information.

*Managing Broker is a partner in the property ownership. They also serve as both the Managing Broker and the Owner of MillCo Management, LLC. Licensed in Illinois and Iowa.

• Date available: Apr 2026
• Lease term: 1 - 5 Years
• Service type: Modified Gross
• Space Type: Relet

Suite 2 is a total of 4,800 SQ FT. 1,800 SQ FT of the unit is office space which includes epoxy flooring, central heat & ac, one restroom, & reception area. This remaining 3,000 SQ FT (60 FT x 50 FT) is warehouse space.

Rent is $8.69/SF/YR ($3,475.00/Month). Security Deposit of $3,475.00. Tenant is responsible for monthly rent, utilities (water, sewer, garbage, electricity, gas, internet, cable), and fire & liability coverage insurance. Landlord will cover lawn care & snow removal, property taxes, property insurance, and maintenance expenses (roof, mechanical systems, & exterior of the property). A 12-month lease minimum is required. Available for rent starting April 1st, 2026. No outdoor storage is permitted.

• Date available: Apr 2026
• Lease term: 1 - 5 Years
• Service type: Modified Gross
• Space Type: Relet

Suite 3 is a total of 576 SQ FT (24 FT x 24 FT) of office space. The unit includes two private offices & two restrooms.

Rent is $11.46/SF/YR ($550.00/Month). Security Deposit of $550.00. Tenant is responsible for monthly rent, utilities (electricity, gas, sewer, water, garbage, internet, cable), and fire & liability coverage insurance. Landlord will cover lawn care & snow removal, property taxes, property insurance, and maintenance expenses (roof, mechanical systems, & exterior of the property). A 12-month lease minimum is required. Available for lease starting March 1st, 2026 or later. No outdoor storage is permitted.

Additional space is available at this facility. Contact MillCo Management for more information.

*Managing Broker is a partner in the property ownership. They also serve as both the Managing Broker and the Owner of MillCo Management, LLC. Licensed in Illinois and Iowa.

• Date available: Mar 2026
• Lease term: 1 - 3 Years
• Service type: Plus All Utilities
• Space Type: Relet