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OFF-MARKET
Warehouses

102 Flessner Ave Rantoul, IL 61866

73,500 SF
Property ID
Property summary
AI-generated overview

This 73,500-square-foot industrial warehouse in Rantoul, Illinois, offers flexible lease options. The property features seven dock doors (some with levelers) and one overhead door. The building boasts a flat rubber roof, face brick exterior, and upgraded LED lighting. It also includes 3-phase 480-volt power and gas-fired radiant heating. A comprehensive sprinkler system ensures safety. The warehouse is divisible into two sections: a 31,500-square-foot west section with 22-foot clear ceiling height and 1,650 square feet of unfinished office space (landlord willing to finish upon tenant selection), and a 42,000-square-foot east section with 19- to 21-foot clear ceiling heights and 2,350 square feet of unfinished office space. Column spacing in the east section ranges from 29 to 48 feet. The entire property is fenced, with parking located on the north and west sides. The property is zoned CR-2 Aviation Support and has an APN of 20-09-10-226-007. Located on the former Chanute Air Force Base, this property enjoys convenient access to US Routes 136 and 45, Interstate 57, and is just 15 minutes north of Champaign-Urbana. Its strategic location offers easy access to Chicago, Indianapolis, and St. Louis. The estimated NNN expenses are under $1.00 per square foot.

Property profile
Verified
Property type Warehouses
Total area 73,500 SF
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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