Property History
Property Description
This exceptional industrial property offers a rare combination of heavy and light industrial zoning, direct rail access to the Norfolk Southern Rail Network via the Mansfield Branch, and excess land primed for expansion, redevelopment, or new development opportunities. Equipped with heavy power and manufacturing infrastructure, this site is well-suited for a variety of industrial operations, particularly given the limited availability of manufacturing facilities in the region.
Strategically located in an Enterprise Zone, the property benefits from potential incentives that can enhance operational efficiency and cost savings. Its proximity to the University of Illinois places it near a growing hub of technology, FoodTech, and AI-focused research, offering strong synergy for innovative and high-tech industries. Additionally, an adjacent ±10,000 SF standalone Butler building provides further flexibility for storage or additional operations. This is a rare opportunity to secure a well-positioned industrial asset in a market with increasing demand and limited supply. Short term sale/leaseback available.
Location Description
The subject property is located in Urbana roughly 10 blocks east of downtown and adjacent to Brookens Adim Building. The property is 2 miles from I-74, 6 miles from I-72, and 7 miles from I-57.
Offering rare manufacturing/warehouse facility in Central Illinois, either for purchase or lease. Property includes six parcels spread over 56 acres in Urbana, IL and offering over 269,000 square feet of interior space. Previously used by DART Development/Solo Cup, the property consists of multiple dock doors, overhead doors and two rail doors (NS rail line). Building consists of heavy power and manufacturing infrastructure as well as a corporate office building. Located within an Enterprise Zone, the property is also located within the Champaign-Urbana community, home to the University of Illinois campus.
Property includes four parcels to the north which could be sold separately.
Loan History
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Comparable Properties
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