773-957-1444
1505 E Main St, Urbana, IL for Sale
Manufacturing - FOR SALE
1/7
null | Request Cap Rate

1505 E Main St
Urbana, IL 61802


HIGHLIGHTS

  • EXCESS LAND WITH POTENTIAL FOR EXPANSION, DEVELOPMENT / REDEVELOPMENT
  • DIRECT RAIL ACCESS TO NORFOLK SOUTHERN RAIL NETWORK VIA MANSFIELD BRANCH
  • HEAVY AND LIGHT INDUSTRIAL ZONING
  • HEAVY POWER AND MANUFACTURING INFRASTRUCTURE
  • PROXIMITY TO UNIVERSITY OF ILLINOIS
  • LOCATED IN ENTERPRISE ZONE

OVERVIEW

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.

FOR SALE DETAILS

PRICE

Request Info for Price

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Manufacturing

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1957

UTILITIES

-

CLEAR CEILING HT

14 Ft

DOCKS

9

DRIVE INS

4

PARKING SPACES

390

LAND DETAILS

LAND ACRES

56.42

LAND SF

2,457,655

ZONING

IN-1&2

APN/PARCEL ID

91-21-09-379-016,91-21-09-379-017,91-21-09-452-004,91-21-09-452-005,92-21-16-200-021

ASK ABOUT THIS PROPERTY

Corey ChaseNewmarkMore Info
773-957-1444

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Corey ChaseNewmarkMore Info
773-957-1444

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.