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501 E Condit Dr 24,446 SF of Industrial Space Available in Rantoul, IL 61866
Highlights
- Move-in ready industrial footprint with open layout that’s easy to configure for racking, staging, or production lines
- Wide, unobstructed interior (minimal columns) simplifies layout planning and equipment placement
- Move-in ready industrial footprint with open layout that’s easy to configure for racking, staging, or production lines
Features
All Available Space(1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Space Use
- Condition
- Available
501 E Condit Dr., Rantoul, IL 61866 (Former Chanute AFB). Industrial warehouse/manufacturing space with clear-span layout and 13’ clear height. Heavy power available (400 AMP, 600V, 3-Phase). Multiple dock and overhead doors for efficient shipping/receiving. Convenient access to I-57, US-136, and Route 45. Property is located in a TIF District, Enterprise Zone, and Foreign Trade Zone (FTZ). Lease terms and pricing negotiable.
- Lease rate does not include utilities, property expenses or building services
- ±24,446 SF industrial warehouse/manufacturing
- 400 AMP / 600V / 3-Phase power
- Located on former Chanute Air Force Base
- Space is in Excellent Condition
- Clear-span building with 13’ clear height
- Multiple dock-high and overhead loading doors
- Strong logistics access: I-57 / US-136 / Route 45
| Space | Size | Term | Rental Rate | Space Use | Condition | Available |
| 1st Floor | 24,446 SF | Negotiable | $3.00 /SF/YR $0.25 /SF/MO $73,338 /YR $6,112 /MO | Industrial | - | March 15, 2026 |
1st Floor
| Size |
| 24,446 SF |
| Term |
| Negotiable |
| Rental Rate |
| $3.00 /SF/YR $0.25 /SF/MO $73,338 /YR $6,112 /MO |
| Space Use |
| Industrial |
| Condition |
| - |
| Available |
| March 15, 2026 |
1st Floor
| Size | 24,446 SF |
| Term | Negotiable |
| Rental Rate | $3.00 /SF/YR |
| Space Use | Industrial |
| Condition | - |
| Available | March 15, 2026 |
501 E Condit Dr., Rantoul, IL 61866 (Former Chanute AFB). Industrial warehouse/manufacturing space with clear-span layout and 13’ clear height. Heavy power available (400 AMP, 600V, 3-Phase). Multiple dock and overhead doors for efficient shipping/receiving. Convenient access to I-57, US-136, and Route 45. Property is located in a TIF District, Enterprise Zone, and Foreign Trade Zone (FTZ). Lease terms and pricing negotiable.
- Lease rate does not include utilities, property expenses or building services
- Space is in Excellent Condition
- ±24,446 SF industrial warehouse/manufacturing
- Clear-span building with 13’ clear height
- 400 AMP / 600V / 3-Phase power
- Multiple dock-high and overhead loading doors
- Located on former Chanute Air Force Base
- Strong logistics access: I-57 / US-136 / Route 45
Property Overview
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.
Industrial Facility Facts
Presented by
Mega Service Solutions
501 E Condit Dr
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