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Mixed-Use Property with Loading Dock
For Sale
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508 EAGLE Drive, Rantoul, IL 61866

Two-building commercial property with fenced outdoor space, overhead-door access, and dedicated water-storage improvements.

Property SizeContact for details
Lot Size1.06 Acres
Days on Market56

Property Features for 508 EAGLE Drive

General Information

Standard status Active
Lot size 1.06 Acres
Property subtype Retail, Mixed Use
Zoning COMMR

Site & Location

Fenced Yard Yes
Outdoor Storage Yes

Additional Details

Dock-High Doors 1

Building Details

Year Built 1954
Buildings 2
Units 2
Construction brick and metal
Listing Agency: Realty 2000 Inc.
Listed By: Herman Foga · License #IL
Source: Crexi
Added: Aug 25 Changed: Oct 9 Last Checked: Oct 19 at 7:26AM

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 Realty 2000 Inc.

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Investment Insights

Based on property information with market context.

Built in 1954, this mixed-use property includes separate brick and metal buildings totaling 7,823 square feet on 1.06 acres. The brick building contains 4,423 square feet, metal water tanks, and a workshop at its south end. The 3,400-square-foot metal building includes a loading dock, overhead door, and three large metal water tanks. A 1,100-square-foot water-storage area is attached to the west side of the brick building and is accessible through the roof.

The west side of the site has a fenced area. The property is zoned COMMR and was formerly used as the Chanute AFB water purification plant. Its combination of enclosed buildings, loading infrastructure, workshop space, tanks, and specialized storage areas creates a distinctive commercial configuration.

Key Highlights

  • Two‑building property on 1.06 ACRES
  • Brick building contains 4423 SQ FT
  • Metal building contains 3400 SQ FT with loading dock and overhead door

Property Analytics

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Current Use

Flex space

Suggested Use

Top Pick Real Estate Agency Dental Office Big Box & Wholesale Store Hair Salon Gym & Fitness Center Building Supply

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

Lease Details

1
Dock-high doors
Yes
Fenced yard

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
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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

Frequently Asked Questions

What type of property is this?
Mixed-use property - Two-building commercial property with fenced outdoor space, overhead-door access, and dedicated water-storage improvements.
Where is this mixed-use property located?
The property is located at 508 EAGLE Drive Rantoul, IL.
What is the asking price?
The asking price for this property is $73,900.
What are key features of this property?
This property features: Two‑building property on 1.06 ACRES; Brick building contains 4423 SQ FT; Metal building contains 3400 SQ FT with loading dock and overhead door
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