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1505 E Main St Urbana, IL 61802

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For Sale
$6,500,000

Industrial property with rail access and expansion potential in Urbana.

Type:Industrial
Property size:
10,000 SF
Added:
Sep 10, 2025
Days on Market:
208
Last Refresh:
Apr 1 at 8:59 pm

Property Features for 1505 E Main St

General Information

Standard status
Active
Size
10,000 SF
Property subtype
Industrial

Building Details

Year Built
1957

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Listing Contact
Aj Thoma III, CCIM, SIOR
Aj Thoma III, CCIM, SIOR

Listing agent Aj Thoma III, CCIM, SIOR License #476

Listing office Coldwell Banker Commercial Devonshire Realty

Listing date Sep 10, 2025

Source Cbcworldwide

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

All listing content including descriptions, pricing, images are the copyrighted material of Coldwell Banker Commercial Devonshire Realty


Overview

Urbana Industrial Property with Rail Access

This industrial property features a combination of heavy and light industrial zoning and direct rail access to the Norfolk Southern Rail Network via the Mansfield Branch. Excess land is available for expansion, redevelopment, or new development. The property is equipped with heavy power and manufacturing infrastructure, making it suitable for various industrial operations. Located in an Enterprise Zone, the property may benefit from potential incentives. It is situated near the University of Illinois, close to technology, FoodTech, and AI-focused research. An adjacent approximately 10,000 square foot standalone Butler building offers additional flexibility for storage or operations. The property is located in Urbana, roughly 10 blocks east of downtown and adjacent to Brookens Adim Building, 2 miles from I-74, 6 miles from I-72, and 7 miles from I-57. A short-term sale/leaseback is available.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Manufacturing properties

Suggested Use

Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Urbana
County
Champaign
State
Illinois
Longitude
-88.1901
Latitude
40.1109

FAQs

What type of property is this?
Manufacturing property - Industrial property with rail access and expansion potential in Urbana.
Where is this manufacturing property located?
The property is located at 1505 E Main St Urbana, IL.
What is the asking price?
The asking price for this property is $6,500,000.
What are key features of this property?
This property features: Direct rail access to Norfolk Southern Rail Network (Mansfield Branch).; Heavy and light industrial zoning with excess land for expansion/redevelopment.; Located in an Enterprise Zone with potential incentives.
More about this property
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