Subject property is commonly known as Hangar 4 (Grissom Hall) and was constructed in 1941. The property was originally designed as an aviation hangar consisting of a high bay area with 44′ clear span (59,000 SF), and a low bay area (office/training) with 14′ – 26′ clear (159,000 SF). Currently there is one overhead door (14′ x 20′) and one sliding overhead door (120′ x 29′). The property was most recently used as the Chanute Air Museum. Property is located in a Tax Increment Finance (TIF) District, Enterprise Zone, as well as a Foreign Trade Zone (FTZ).

Property Type: Industrial
Listing ID: FXMKT3
Style: Industrial Bldg -Warehouse
Building Size: 218,000 SF
Lot Size: 11.2 AC
Area Description

Area 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.

Area Demographics