1536 E Fairchild St 73,500 SF Industrial Building Danville, IL 61832 For Sale

Marcus & Millichap is pleased to exclusively represent for sale or for lease 1536 E Fairchild St, a ~73,500 total SF freezer/dry storage warehouse on 10.87 acres in Danville, Illinois. The subject property offers immediate availability and a functional layout featuring 25,470 SF (~36% GLA) of freezer space and 39,217 SF (~54% GLA) of dry storage (including a 13,212 SF area that was previously refrigerated and could be upgraded). DEEM will provide a third-party report with not-to-exceed temperature ranges within the next 30 days (Freon system). The property features 26’-30' clear heights, 11 dock-high doors with dock shelters, and substantial power with (2) 800-amp panels, 600V 3-phase service. Recent capital improvements include new Duro-Last roof covering on Sections A, B, and C with warranty, LED lighting throughout the warehouse and parking lot, upgraded fire protection system, new entrance stairs and landscaping, riprap installation on the rear slope, and gutter replacements with underground drainage repairs.
The subject property benefits from full perimeter fencing with razor wire, alarm system, and manual gate access, providing security for users including food-grade, cold-chain, pharmaceutical, and high-value inventory users. The flexible configuration supports freezer, refrigerated, and dry-goods distribution for both regional and national operators.
Located 2 miles from I-74 (27,200 VPD) with direct access to I-57 (25,800 VPD) and I-72 (17,300 VPD), the property offers efficient Midwest and nationwide connectivity. Danville hosts a strong base of food and agricultural manufacturing, processing, and packaging companies, including McLane Midwest, Grain Craft, Teasdale Foods, Hana Group, and Sunrise FS, and benefits from durable industrial fundamentals, including a 1.5% vacancy rate and 2.5% rent growth (CoStar, January 2026). Major employers in the area include Thyssenkrupp, Honeywell, Goodyear, Carle Health, OSF HealthCare, and AutoZone, a Fortune 500 company with a regional returns center.
The region is supported by a 156,599-worker labor pool across the Champaign–Urbana–Danville CSA, with an unemployment rate of 5.7%. Workforce depth is strengthened by WIOA training programs and nearby higher-education institutions, including Danville Area Community College (Enrollment: 5,247), the University of Illinois (Enrollment: 60,848), Purdue University (Enrollment: 57,310), Indiana State University (Enrollment: 7,713), Rose-Hulman Institute of Technology (Enrollment: 2,316) and Ivy Tech Community College. Within a 10-mile radius, the population totals 52,864 with an average household income of $72,006.
Positioned in a strategic Midwest location with strong cold-storage capacity, secure infrastructure, interstate access, and deep labor availability, 1536 E Fairchild St presents a compelling opportunity for cold-chain users, food distribution operators, and investors seeking a versatile and logistics-advantaged industrial asset.