Industrial Property Available for Sale or Lease

LeaseSaleWarehouse/Industrial 22,615 SF
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1100 W Bloomington Rd
Champaign, IL 61821
Price: $800,000.00 (Previously $1,050,000.00)
Lease Price: Negotiable
Building Size: 24,866 SF
Available Space: 22,615 SF
Lot Size (acre): 2.00
Zoning: CI - Commercial Industrial
Tax PIN: 41-20-02-252-003
Year Built: 1954

Property Description

Subject property was originally built in 1954 as a pharmaceutical warehouse for Kiefer-Stewart Co. The original building consisted of office, showroom, and warehouse space totaling 22,615 SF. The main building is currently demised into three tenant spaces. The main tenant leases the majority of the building and has roughly 4,760 SF of Office/Showroom space and 14,055 SF of warehouse space. The warehouse space has 9’7” clear heights, 3 overhead drive in doors, and a shop restroom. The balance of the original building is demised into two suites featuring 800 SF and 3,000 SF. The back suites can easily be converted back to warehouse space. These suites are also available for lease but are currently built out as office space. In 2001 there was an addition of 2,251 SF that is currently used and built out as a bakery. Currently the entire building is available for sale or lease with flexibility in the current leases for an owner occupant. The building features 600 AMP 208V 3-Phase power, wet sprinkler system, CI-Commercial Industrial Zoning, and newish rubber membrane roof.

Area Description

The property is located along the Bloomington Rd. (frontage road for I-74) just west of the Prospect Rd., & I-74 Interchange and has good interstate visibility. Bloomington Rd. (US Route 150) consists of a mix of retail, industrial, and residential users.