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111 Walnut Lane 111 Walnut Ln 4,800 - 11,500 SF of Industrial Space Available in Colona, IL 61241



Highlights
- Flexible industrial layout featuring a mix of office and warehouse space to accommodate diverse operational needs.
- Opportunity for businesses seeking a functional industrial facility in a well-connected location.
- Positioned in Colona, IL, with easy access to major transportation routes for efficient distribution and logistics.
- Subdivided into four suites, offering options for multi-tenant occupancy or single-user expansion.
Features
All Available Spaces(2)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Space Use
- Build-Out
- Available
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 offers approximately 6,700 square feet of warehouse space and features a loading dock along with new LED lighting throughout. The space is equipped with two manual dock doors (9' x 10'), one 9' x 9' automatic overhead door, and one 14' x 12' automatic overhead door. Build-to-suit options are available to accommodate tenant needs, and the unit is serviced by 3-phase, 200-amp power. Additionally, a 10' x 10' automatic overhead door provides the option to connect to an adjacent suite if both spaces are leased together. 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. 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.
- Listed rate may not include certain utilities, building services and property expenses
- 2 Loading Docks
- Private Restrooms
- Loading Dock
- 1 Overhead Door (9 FT x 9 FT)
- Overhead Heating Unit – Radiant Heat
- 2 Drive Ins
- Central Air and Heating
- Secure Storage
- 2 Dock Doors (9 FT x 10 FT)
- 1 Overhead Door (14 FT x 12 FT)
- LED Lighting
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 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. The remaining 3,000 SQ FT (60 FT x 50 FT) is warehouse space. The warehouse features fluorescent lighting, workbench stations, a wash sink, & a 12FT x 14FT manual overhead door. A roll-up door provides internal access between the warehouse and the office area. Additionally, there is a 10FT x 10FT automatic overhead door that offers the option to connect to Suite 1 should both units be rented together. 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. Water/Sewer is a flat $55/month. Electric/Gas is a flat $375/month. 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. No outdoor storage is permitted. Additional space is available at this facility. Contact MillCo Management for more information. *Managing Broker is a partner in property ownership. They hold an active real estate license in Illinois and Iowa.
- Listed rate may not include certain utilities, building services and property expenses
- 1 Drive Bay
- Central Air and Heating
- Signage - Light Box
- 12 FT x 14 FT Overhead Door
- Includes 1,800 SF of dedicated office space
- Space is in Excellent Condition
- Secure Storage
- Central Heat & AC
- Zoned Industrial
| Space | Size | Term | Rental Rate | Space Use | Build-Out | Available |
| 1st Floor - Suite 1 | 6,700 SF | 1-5 Years | $11.46 CAD/SF/YR $0.96 CAD/SF/MO $76,805 CAD/YR $6,400 CAD/MO | Industrial | - | Now |
| 1st Floor - Suite 2 | 4,800 SF | 1-5 Years | $12.36 CAD/SF/YR $1.03 CAD/SF/MO $59,325 CAD/YR $4,944 CAD/MO | Industrial | Full Build-Out | Now |
1st Floor - Suite 1
| Size |
| 6,700 SF |
| Term |
| 1-5 Years |
| Rental Rate |
| $11.46 CAD/SF/YR $0.96 CAD/SF/MO $76,805 CAD/YR $6,400 CAD/MO |
| Space Use |
| Industrial |
| Build-Out |
| - |
| Available |
| Now |
1st Floor - Suite 2
| Size |
| 4,800 SF |
| Term |
| 1-5 Years |
| Rental Rate |
| $12.36 CAD/SF/YR $1.03 CAD/SF/MO $59,325 CAD/YR $4,944 CAD/MO |
| Space Use |
| Industrial |
| Build-Out |
| Full Build-Out |
| Available |
| Now |
1st Floor - Suite 1
| Size | 6,700 SF |
| Term | 1-5 Years |
| Rental Rate | $11.46 CAD/SF/YR |
| Space Use | Industrial |
| Build-Out | - |
| Available | Now |
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 offers approximately 6,700 square feet of warehouse space and features a loading dock along with new LED lighting throughout. The space is equipped with two manual dock doors (9' x 10'), one 9' x 9' automatic overhead door, and one 14' x 12' automatic overhead door. Build-to-suit options are available to accommodate tenant needs, and the unit is serviced by 3-phase, 200-amp power. Additionally, a 10' x 10' automatic overhead door provides the option to connect to an adjacent suite if both spaces are leased together. 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. 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.
- Listed rate may not include certain utilities, building services and property expenses
- 2 Drive Ins
- 2 Loading Docks
- Central Air and Heating
- Private Restrooms
- Secure Storage
- Loading Dock
- 2 Dock Doors (9 FT x 10 FT)
- 1 Overhead Door (9 FT x 9 FT)
- 1 Overhead Door (14 FT x 12 FT)
- Overhead Heating Unit – Radiant Heat
- LED Lighting
1st Floor - Suite 2
| Size | 4,800 SF |
| Term | 1-5 Years |
| Rental Rate | $12.36 CAD/SF/YR |
| Space Use | Industrial |
| Build-Out | Full Build-Out |
| Available | Now |
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 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. The remaining 3,000 SQ FT (60 FT x 50 FT) is warehouse space. The warehouse features fluorescent lighting, workbench stations, a wash sink, & a 12FT x 14FT manual overhead door. A roll-up door provides internal access between the warehouse and the office area. Additionally, there is a 10FT x 10FT automatic overhead door that offers the option to connect to Suite 1 should both units be rented together. 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. Water/Sewer is a flat $55/month. Electric/Gas is a flat $375/month. 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. No outdoor storage is permitted. Additional space is available at this facility. Contact MillCo Management for more information. *Managing Broker is a partner in property ownership. They hold an active real estate license in Illinois and Iowa.
- Listed rate may not include certain utilities, building services and property expenses
- Includes 1,800 SF of dedicated office space
- 1 Drive Bay
- Space is in Excellent Condition
- Central Air and Heating
- Secure Storage
- Signage - Light Box
- Central Heat & AC
- 12 FT x 14 FT Overhead Door
- Zoned Industrial
Property Overview
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! *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.
Warehouse Facility Facts
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111 Walnut Lane | 111 Walnut Ln
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