Hangar 2 For Sale or Lease

LeaseSaleWarehouse/Industrial 99,950 SF
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801 Pacesetter Dr
Rantoul, IL 61866
Price: Negotiable
Lease Price: $2.00 / SF
Lease Type: NNN
Building Size: 99,950 SF
Available Space: 99,950 SF
Lot Size (acre): 15.73 AC
Zoning: I-1
Tax PIN: 20-09-02-300-011

Property Description

Subject property is commonly known as Hangar 2 which was originally constructed in 1941. The property was originally designed as an aviation hangar offering a high bay area with a max of 82′ clear span (40′ min) and free span of 230′ x 260′. There is one 10′ x 16′ DID. The building is currently considered ‘Cold Storage’. The property features some perimeter office space and mezzanine storage. Property is located in a Tax Increment Finance (TIF) District, Enterprise Zone, as well as a Foreign Trade Zone (FTZ).

Location Description

The subject property is located on the former Chanute Air Force Base on the southeast side of the Village of Rantoul. The subject is zoned I-1, Industrial District and is easily accessible by U.S Routes 136, 45 or Interstate 57. Rantoul has excellent access to the tri-state area with Chicago located 120 miles north, Indianapolis 120 miles east and St. Louis 180 miles southwest. Champaign County is also home to the University of Illinois.