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24998521
24998522

1505 E Main St, Urbana, IL 61802

AT
IL IL475.135026
Coldwell Banker Commercial Devonshire Realty
Listed by Coldwell Banker Commercial Devonshire Realty
$6,500,000
337 days on market
Updated 9 days ago

Former Manufacturing/Production Facility

Details
APN 92-21-16-200-021, -022 | 91-21-09-452-004, -005 | 91-21-09-379-017, -016
Property Type Industrial
Sub Type Manufacturing, Warehouse
Square Footage 269,000
Tenancy Vacant
Lease Type Net
Price per SqFt $4
Lot Size (SqFt) 56.42
Zoning IN-1&2 - Heavy & Light Industrial Zoning

269,000 SF of full HVAC production space

Marketing description

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.

Listing Contacts

AT
IL IL475.135026
Coldwell Banker Commercial Devonshire Realty
Listed by Coldwell Banker Commercial Devonshire Realty

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Zoning

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IN-2 IndustrialHeavy Industrial
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Last updated Feb 3, 2026 For deeper zoning details, reports are available at Zoneomics

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Additional Information

Name
AJ Thoma III, CCIM, SIOR
License
IL475.135026
Title
Illinois
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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