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111 Walnut Lane 111 Walnut Ln 1,800 - 8,500 SF of Space Available in Colona, IL 61241

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Features

Clear Height
14’
Drive In Bays
2
Exterior Dock Doors
2
Standard Parking Spaces
10

All Available Spaces(2)

Display Rental Rate as

  • Space
  • Size
  • Term
  • Rental Rate
  • Space Use
  • Condition
  • Available
  • 1st Floor - Suite 1
  • 6,700 SF
  • 1-5 Years
  • $10.99 CAD/SF/YR $0.92 CAD/SF/MO $73,636 CAD/YR $6,136 CAD/MO
  • Industrial
  • -
  • 2026-04-01

111 N Walnut Lane is subdivided into four suites located just seven miles from I-280 and twelve miles off of I-80. The property is a total of 12,100 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, 2 dock doors (9 FT x 10 FT), 1 overhead door (9 FT x 9 FT), radiant heat, & LED lighting. 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 (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 lease starting April 1st, 2026 or later. No outdoor storage is permitted. Office space is also available within this facility. Please 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.

  • Listed rate may not include certain utilities, building services and property expenses
  • 2 Loading Docks
  • Secure Storage
  • 2 Dock Doors (9 FT x 10 FT)
  • LED Lighting
  • Exterior Lighting
  • 1 Drive Bay
  • Central Heating System
  • Loading Dock
  • 1 Overhead Door (9 FT x 9 FT)
  • Overhead Heating Unit – Radiant Heat
  • 1st Floor, Ste Suite 2
  • 1,800 SF
  • 1-5 Years
  • $12.27 CAD/SF/YR $1.02 CAD/SF/MO $22,090 CAD/YR $1,841 CAD/MO
  • Office
  • -
  • Now

111 N Walnut Lane is subdivided into four suites located just seven miles from I-280 and twelve miles off of I-80. The property is a total of 12,100 SF which is a mix of office & warehouse space. This industrial facility offers a great opportunity to growing your business in Colona, IL! Suite 2 is 1,800 SQ FT of office space. It includes epoxy flooring, central heat & ac, one restroom, & reception area. Rent is $9/SF/YR ($1,350.00/Month). Security Deposit of $1,350.00. 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 now for lease. No outdoor storage is permitted. Warehouse space is also available within this facility. Please 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.

  • Listed rate may not include certain utilities, building services and property expenses
  • Central Air and Heating
  • Drop Ceilings
  • Central Heat & AC
  • Restroom
  • Drop Ceiling
  • Space is in Excellent Condition
  • Reception Area
  • Secure Storage
  • Epoxy Flooring
  • Signage - Light Box
Space Size Term Rental Rate Space Use Condition Available
1st Floor - Suite 1 6,700 SF 1-5 Years $10.99 CAD/SF/YR $0.92 CAD/SF/MO $73,636 CAD/YR $6,136 CAD/MO Industrial - 2026-04-01
1st Floor, Ste Suite 2 1,800 SF 1-5 Years $12.27 CAD/SF/YR $1.02 CAD/SF/MO $22,090 CAD/YR $1,841 CAD/MO Office - Now

1st Floor - Suite 1

Size
6,700 SF
Term
1-5 Years
Rental Rate
$10.99 CAD/SF/YR $0.92 CAD/SF/MO $73,636 CAD/YR $6,136 CAD/MO
Space Use
Industrial
Condition
-
Available
2026-04-01

1st Floor, Ste Suite 2

Size
1,800 SF
Term
1-5 Years
Rental Rate
$12.27 CAD/SF/YR $1.02 CAD/SF/MO $22,090 CAD/YR $1,841 CAD/MO
Space Use
Office
Condition
-
Available
Now

1st Floor - Suite 1

Size 6,700 SF
Term 1-5 Years
Rental Rate $10.99 CAD/SF/YR
Space Use Industrial
Condition -
Available 2026-04-01

111 N Walnut Lane is subdivided into four suites located just seven miles from I-280 and twelve miles off of I-80. The property is a total of 12,100 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, 2 dock doors (9 FT x 10 FT), 1 overhead door (9 FT x 9 FT), radiant heat, & LED lighting. 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 (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 lease starting April 1st, 2026 or later. No outdoor storage is permitted. Office space is also available within this facility. Please 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.

  • Listed rate may not include certain utilities, building services and property expenses
  • 1 Drive Bay
  • 2 Loading Docks
  • Central Heating System
  • Secure Storage
  • Loading Dock
  • 2 Dock Doors (9 FT x 10 FT)
  • 1 Overhead Door (9 FT x 9 FT)
  • LED Lighting
  • Overhead Heating Unit – Radiant Heat
  • Exterior Lighting

1st Floor, Ste Suite 2

Size 1,800 SF
Term 1-5 Years
Rental Rate $12.27 CAD/SF/YR
Space Use Office
Condition -
Available Now

111 N Walnut Lane is subdivided into four suites located just seven miles from I-280 and twelve miles off of I-80. The property is a total of 12,100 SF which is a mix of office & warehouse space. This industrial facility offers a great opportunity to growing your business in Colona, IL! Suite 2 is 1,800 SQ FT of office space. It includes epoxy flooring, central heat & ac, one restroom, & reception area. Rent is $9/SF/YR ($1,350.00/Month). Security Deposit of $1,350.00. 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 now for lease. No outdoor storage is permitted. Warehouse space is also available within this facility. Please 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.

  • Listed rate may not include certain utilities, building services and property expenses
  • Space is in Excellent Condition
  • Central Air and Heating
  • Reception Area
  • Drop Ceilings
  • Secure Storage
  • Central Heat & AC
  • Epoxy Flooring
  • Restroom
  • Signage - Light Box
  • Drop Ceiling

Property Overview

111 N Walnut Lane is subdivided into four suites located just seven miles from I-280 and twelve miles off of I-80. The property is a total of 12,100 SF which is a mix of office & warehouse space. This industrial facility offers a great opportunity to growing your business in Colona, IL!

Warehouse Facility Facts

Building Size
11,376 SF
Lot Size
0.88 AC
Year Built
1993
Construction
Metal
Power Supply
Phase: 3
Zoning
I-2
  • Listing ID: 39284960

  • Date on Market: 2026-02-01

  • Last Updated:

  • Address: 111 Walnut Ln, Colona, IL 61241

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