List Search

120 Walnut Ln
Colona, IL 61241

$2,749 USD/MO

Warehouse For Lease  •  5,220 SF

Property Details

  • Property Type Warehouse
  • Year Built 2006
  • Total Building Size 20,600 SF
  • Tenancy Multiple
  • Building Class C
  • Zoning Commercial
0 Transit Score
7 Walk Score

1 Space Available

Name Space Use Size Rent Details
1st Floor Ste 2 Industrial 5,220 SF $6.32 USD/SF/YR
Suite 2 is available beginning February 1st, 2026. This suite offers 5,220 SQFT (60 FT x 87 FT) of warehouse space. This unit includes one shop bathroom as well as 3 overhead doors. 4,200 SQFT (60 FT x 70 FT) of the unit is heated, while 1,020 SQFT (60 FT x 17 FT) is cold storage.

Rent is $2,750/month with a $2,750 security deposit. 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 on or after February 1st, 2026. 48-hour notice required before all showings. No outdoor storage is permitted with Suite 2. Lessor does not warranty the wall mounted lights.

*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: Feb 2026
  • Lease term: 1 - 5 Years
  • Service type: Modified Gross
  • Space Type: Relet

Description

120 Walnut Lane is subdivided into six suites located just seven miles from I-280 and twelve miles off of I-80. This industrial building features 16-foot ceilings with 14-foot by 14-foot overhead doors. Each suite is equipped with overhead LED lighting and trench drains. 120 Walnut Lane added an additional 12 bays in 2023 to the backside of the property. This industrial facility offers a great opportunity to growing your business in Colona, IL.

Property Flyers

Amenities

  • 24 Hour Access
  • Fenced Lot
  • Floor Drains
  • Security System
  • Storage Space

Major Tenants

Tenant SF Occupied Lease End Date
RAKA Holdings 6/30/2023

Public Transportation

AirportDriveWalkDistance
Quad Cities International 21 min - 10.7 mi

Parking Details

Parking Available: Yes
Reserved: No
Type: Surface
Included in Rent: Yes
Madison Miller 309-220-8676 MillCo Management
Madison Miller 309-220-8676 MillCo Management