Rantoul Industrial for Lease
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.
