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501 E Condit Dr
Rantoul, IL 61866

$6,112 USD/MO

Industrial For Lease  •  24,446 SF

Property Details

  • Property Type Industrial
  • Year Built 1945
  • Total Building Size 24,446 SF
  • Tenancy Multiple
  • Building Class B
  • Zoning CR-4
0 Transit Score
36 Walk Score

1 Space Available

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.

  • Date available: Mar 2026
  • Lease term: Negotiable
  • Service type: Triple Net
  • Space Type: New

Description 

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).

Lease structure: NNN (Triple Net) — tenant responsible for taxes, insurance, CAM/maintenance, and all utilities.
Tours available by appointment. Contact listing broker/owner for pricing, availability, and permitted use requirements.

Highlights

Move-in ready industrial footprint with open layout that’s easy to configure for racking, staging, or production lines
Move-in ready industrial footprint with open layout that’s easy to configure for racking, staging, or production lines
Wide, unobstructed interior (minimal columns) simplifies layout planning and equipment placement

Amenities

  • 24 Hour Access
  • Floor Drains
  • Storage Space
  • Fiber Optic Internet
  • Breakroom

Public Transportation

Commuter RailDriveWalkDistance
3 min 17 min 0.9 mi
AirportDriveWalkDistance
University of Illinois/Willard 37 min - 26.5 mi

Parking Details

Parking Available: Yes
Reserved: No
Type: Surface
Included in Rent: Yes
Eddy Mejia 813-501-5001 Mega Service Solutions
Eddy Mejia 813-501-5001 Mega Service Solutions