Search
53-Unit Self-Storage Building
For Sale
Under Contract
$310,000

402 E FLESSNER Avenue, Rantoul, IL 61866

Business Opportunity, Rantoul, IL

Property Size20,625 SF
Lot Size0.84 Acres
Price / SF$15.03
Days on Market189

Property Features for 402 E FLESSNER Avenue

General Information

Property type Commercial Sale
Property subtype Other
Directions RT 45 TO RANTOUL, THEN EAST ON FLESSNER TO LARGE GREEN STORAGE BUILDING ON SOUTH SIDE OF FLESSNER. THREE BLOCKS OFF RT 45
Subdivision Northern Champaign County / Ford County
Standard status Active Under Contract
APN 200911101002
Lot size 0.84 Acres

Taxes and HOA fees

Tax Year 2024
Tax Description LOT 2 of PARCEL A2 C-7 Subdivision Village of Rantoul
Tax Annual Amount 890
Legal Description LOT 2 of PARCEL A2 C-7 Subdivision Village of Rantoul

Building Details

Floors in Building 1
Building materials Steel Siding
Roof type Metal
Listing Agency: REALTY 2000,INC
Listed By: Herman Fogal · License #475098977
Added: Mar 31 Changed: Aug 26 Last Checked: Oct 5 at 12:06PM
MLS# 12606381

Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

The property includes a 75-by-275-foot steel self-storage building on 0.8356 acres. Concrete floors serve 53 storage units ranging from 5-by-5 to 38-by-16 feet. Four large overhead doors are positioned at the north end, while a central hallway provides additional interior space for storage-area conversion. The building also features a metal roof and steel siding.

Located at 402 E Flessner Avenue in Rantoul, Illinois, the facility is part of the former Chanute Air Force Base. It sits next to small-airplane T-hangers and runways, with convenient access and loading space surrounding the building.

Key Highlights

  • 53 self‑storage units ranging from 5 X 5 to 38 X 16
  • 75 X 275‑foot all‑metal building on 0.8356 acres
  • Four large overhead doors located on the north end

Property Analytics

Unlock full access to Insights Subscribe to Realmo Intelligence
Open Analytics

Current Use

Self storage facilities

Suggested Use

Top Pick Building Supply Big Box & Wholesale Store Auto Parts Store Kitchen & Bath Showroom Spa & Massage Center Dental Office

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

126
Businesses Nearby

Demographics for 61866, IL

13,459
Population
6,280
Households
2.1
Avg Household Size
37
Median Age
13%
College-Educated
91%
High-School Grad
80.0 sq mi
ZIP Area
168
Density / Sq Mi
$51,389
Median Household Income
$38,439
Median Earnings
$892
Median Rent
$111,900
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Industrial in Midwest region

4.4% 2019
4.9% 2020
3.6% 2021
3.1% 2022
4.6% 2023
5% 2024
4.9% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Self storage facility - Steel facility with concrete floors, roll-up doors, and loading access on every side.
Where is this self storage facility located?
The property is located at 402 E FLESSNER Avenue Rantoul, IL.
What is the asking price?
The asking price for this property is $310,000.
What are key features of this property?
This property features: 53 self‑storage units ranging from 5 X 5 to 38 X 16; 75 X 275‑foot all‑metal building on 0.8356 acres; Four large overhead doors located on the north end
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message
Why this one?
Saved
Reason not saved — we won't ask again