Industrial For Lease • 24,446 SF
| Name | Space Use | Size | Rent | Details |
|---|---|---|---|---|
| 1st Floor Ste | Industrial | 24,446 SF | $3.00 USD/SF/YR | |
501 E Condit Dr., Rantoul, IL 61866 (Former Chanute AFB). Industrial warehouse/manufacturing space with clear-span layout and 13’ clear height. Heavy power available (400 AMP, 600V, 3-Phase). Multiple dock and overhead doors for efficient shipping/receiving. Convenient access to I-57, US-136, and Route 45. Property is located in a TIF District, Enterprise Zone, and Foreign Trade Zone (FTZ). Lease terms and pricing negotiable.
|
||||
501 E Condit Dr., Rantoul, IL 61866 (Former Chanute Air Force Base) — Industrial warehouse/manufacturing building available for lease. Building 501 offers approximately 24,446 SF in a clear-span configuration with 13’ clear height, making it well-suited for warehousing, light manufacturing, assembly, and distribution. The facility includes heavy power with 400 AMP / 600V / 3-Phase service and multiple loading options including dock-high and overhead doors for efficient shipping and receiving. The site is easily accessible from I-57, US-136, and Route 45, providing strong regional logistics to Chicago, Indianapolis, St. Louis, and the greater Champaign-Urbana market. The property is located within a Tax Increment Finance (TIF) District, Enterprise Zone, and Foreign Trade Zone (FTZ)—potential benefits for qualifying users (verify eligibility and incentives with local authorities). Modified Gross: Tenant pays utilities and liability insurance. Landlord pays property taxes and property insurance. Other terms negotiable. Tours available by appointment. Contact listing broker/owner for pricing, availability, and permitted use requirements.
| Two-building industrial asset totaling 48,892 SF (approx. 24,446 SF each) |
| Clear-span warehouse with 13’ clear height — flexible for many industrial uses |
| Heavy power in place: 400 AMP / 600V / 3-Phase (hard to replicate cheaply) |
| Multiple loading options (dock-high + overhead doors) supports distribution or light mfg users |
| Incentive zones: located in TIF District + Enterprise Zone + Foreign Trade Zone (FTZ) (buyer upside for attracting tenants) |
| Regional access: near I-57 / US-136 / Route 45 for Chicago/Indy/St. Louis logistics |
| Commuter Rail | Drive | Walk | Distance |
|---|---|---|---|
| 3 min | 17 min | 0.9 mi | |
| Airport | Drive | Walk | Distance |
| University of Illinois/Willard | 37 min | - | 26.5 mi |
| Parking Available: | Yes |
| Reserved: | No |
| Type: | Surface |
| Included in Rent: | Yes |