1505 Main St Urbana, IL 61802
- Warehouses
- 269,000 SF
- 56.42 lot acres
Current Use by Public Records
- Warehouses
Property Details for 1505 Main St
- Year built
- 1957
- Lot size
- 56.42 lot acres
- Property size
- 269,000 SF
- Property type
- Warehouses
- Property subtype
- Industrial properties
Description
This exceptional industrial property, located at 1505 E Main St, Urbana, IL 61802, presents a unique investment opportunity. Comprising three buildings on a 56.42-acre lot, this Class B facility offers 269,000 square feet of net rentable space, ideal for manufacturing or warehousing operations. Built in 1957 with renovations completed in 1991, the property boasts nine loading docks, overhead doors, and two rail doors connected to the NS rail line. Ceiling heights range from 12 to 14 feet. The property features heavy power and manufacturing infrastructure, along with a dedicated corporate office building. Zoned IN-2/IN-1, this location benefits from its position within an Enterprise Zone and the vibrant Champaign-Urbana community, adjacent to the University of Illinois. The property consists of six parcels, with four additional northern parcels potentially available for separate sale. This expansive facility offers significant potential for a variety of industrial uses. The property's size, infrastructure, and strategic location make it an attractive option for businesses seeking a substantial footprint in Central Illinois.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Urbana
- County
- Champaign
- State
- Illinois
- Longitude
- -88.1904
- Latitude
- 40.111
