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111 Walnut Lane 111 Walnut Ln 576 - 11,376 SF of Space Available in Colona, IL 61241

Features
All Available Spaces(3)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Space Use
- Condition
- 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 is a total of 6,700 SQ FT of warehouse space. The unit includes a loading dock, radiant heat, & LED lighting. The unit is also equipped with two dock doors (9 FT x 10 FT), one 9 FT x 9 FT overhead door, and one 14 FT x 12 FT overhead door. 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 (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. Available for lease starting April 1st, 2026 or later. 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
- Secure Storage
- 2 Dock Doors (9 FT x 10 FT)
- 1 Overhead Door (14 FT x 12 FT)
- LED Lighting
- 2 Drive Ins
- Central Heating System
- Loading Dock
- 1 Overhead Door (9 FT x 9 FT)
- Overhead Heating Unit – Radiant Heat
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. This remaining 3,000 SQ FT (60 FT x 50 FT) is warehouse space. 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. 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 rent starting April 1st, 2026. No outdoor storage is permitted.
- Listed rate may not include certain utilities, building services and property expenses
- 1 Drive Bay
- Central Air and Heating
- Signage - Light Box
- Includes 1,800 SF of dedicated office space
- Space is in Excellent Condition
- Secure Storage
Suite 3 is a total of 576 SQ FT (24 FT x 24 FT) of office space. The unit includes two private offices & two restrooms. Rent is $11.46/SF/YR ($550.00/Month). Security Deposit of $550.00. Tenant is responsible for monthly rent, utilities (electricity, gas, sewer, water, 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. Available for lease starting March 1st, 2026 or later. 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 lease rate plus proportional share of utilities
- Central Air and Heating
- Private Offices
- Built-ins
- 2 Parking Spaces
- 2 Private Offices
- Private Restrooms
- Two Restrooms
- Central Heat & AC
| Space | Size | Term | Rental Rate | Space Use | Condition | Available |
| 1st Floor - Suite 1 | 6,700 SF | 1-5 Years | $8.06 /SF/YR $0.67 /SF/MO $54,002 /YR $4,500 /MO | Industrial | - | April 01, 2026 |
| 1st Floor - Suite 2 | 4,100 SF | 1-5 Years | $8.69 /SF/YR $0.72 /SF/MO $35,629 /YR $2,969 /MO | Industrial | Full Build-Out | April 01, 2026 |
| 1st Floor, Ste Suite 3 | 576 SF | 1-3 Years | $11.46 /SF/YR $0.96 /SF/MO $6,601 /YR $550.08 /MO | Office | - | March 01, 2026 |
1st Floor - Suite 1
| Size |
| 6,700 SF |
| Term |
| 1-5 Years |
| Rental Rate |
| $8.06 /SF/YR $0.67 /SF/MO $54,002 /YR $4,500 /MO |
| Space Use |
| Industrial |
| Condition |
| - |
| Available |
| April 01, 2026 |
1st Floor - Suite 2
| Size |
| 4,100 SF |
| Term |
| 1-5 Years |
| Rental Rate |
| $8.69 /SF/YR $0.72 /SF/MO $35,629 /YR $2,969 /MO |
| Space Use |
| Industrial |
| Condition |
| Full Build-Out |
| Available |
| April 01, 2026 |
1st Floor, Ste Suite 3
| Size |
| 576 SF |
| Term |
| 1-3 Years |
| Rental Rate |
| $11.46 /SF/YR $0.96 /SF/MO $6,601 /YR $550.08 /MO |
| Space Use |
| Office |
| Condition |
| - |
| Available |
| March 01, 2026 |
1st Floor - Suite 1
| Size | 6,700 SF |
| Term | 1-5 Years |
| Rental Rate | $8.06 /SF/YR |
| Space Use | Industrial |
| Condition | - |
| Available | April 01, 2026 |
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 is a total of 6,700 SQ FT of warehouse space. The unit includes a loading dock, radiant heat, & LED lighting. The unit is also equipped with two dock doors (9 FT x 10 FT), one 9 FT x 9 FT overhead door, and one 14 FT x 12 FT overhead door. 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 (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. Available for lease starting April 1st, 2026 or later. 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 Heating System
- 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 | 4,100 SF |
| Term | 1-5 Years |
| Rental Rate | $8.69 /SF/YR |
| Space Use | Industrial |
| Condition | Full Build-Out |
| Available | April 01, 2026 |
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. This remaining 3,000 SQ FT (60 FT x 50 FT) is warehouse space. 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. 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 rent starting April 1st, 2026. No outdoor storage is permitted.
- 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
1st Floor, Ste Suite 3
| Size | 576 SF |
| Term | 1-3 Years |
| Rental Rate | $11.46 /SF/YR |
| Space Use | Office |
| Condition | - |
| Available | March 01, 2026 |
Suite 3 is a total of 576 SQ FT (24 FT x 24 FT) of office space. The unit includes two private offices & two restrooms. Rent is $11.46/SF/YR ($550.00/Month). Security Deposit of $550.00. Tenant is responsible for monthly rent, utilities (electricity, gas, sewer, water, 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. Available for lease starting March 1st, 2026 or later. 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 lease rate plus proportional share of utilities
- 2 Private Offices
- Central Air and Heating
- Private Restrooms
- Private Offices
- Two Restrooms
- Built-ins
- Central Heat & AC
- 2 Parking Spaces
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
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111 Walnut Lane | 111 Walnut Ln
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