Investment Overview

Marcus & Millichap is pleased to exclusively represent for sale or for lease 1536 E Fairchild St, a 72,233 total SF distribution/dry storage warehouse on 11.02 acres in Danville, Illinois. The subject property offers immediate availability and a functional layout. Former freezer area was operated with a Freon system. The property features 30’-34' clear heights, 40’ x 40’ column spacing, 11 dock-high doors with dock shelters, and substantial power with (2) 800-amp panels, 600V 3-phase service. Former tenant was a food company. Recent capital improvements include new Duro-Last roof covering on Sections A, B, and C with 20-year warranty (additional roof areas are steel), LED lighting throughout the warehouse and exterior, fire protection system maintenance, new office entrance stairs and landscaping, riprap installation around side and rear of buildings, gutter and downspout replacements as needed, and underground drainage repairs. The subject property also features an alarm system, full perimeter fencing with razor wire and manual gate access, ample employee and truck and trailer parking. Danville hosts a strong base of food and agricultural manufacturing, processing, and packaging companies, including McLane Midwest, Grain Craft, Teasdale Foods, Hana Group, and Sunrise FS, and benefits from durable industrial fundamentals, including a 2.1% vacancy rate and 2.4% rent growth (CoStar, January 2026). Major employers in the area include Thyssenkrupp, Honeywell, Goodyear, Carle Health, OSF HealthCare, and AutoZone, a Fortune 500 company with a regional returns center. Conveniently located 2 miles from I-74 (27,200 VPD) with direct access to I-57 (25,800 VPD) and I-72 (17,300 VPD), the property offers efficient Midwest and nationwide connectivity. The region is supported by a 156,599-worker labor pool across the Champaign–Urbana–Danville CSA, with an unemployment rate of 5.7%. Workforce depth is strengthened by WIOA training programs and nearby higher-education institutions, including Danville Area Community College (Enrollment: 5,247), the University of Illinois (Enrollment: 60,848), Purdue University (Enrollment: 57,310), Indiana State University (Enrollment: 7,713), Rose-Hulman Institute of Technology (Enrollment: 2,316) and Ivy Tech Community College. Within a 10-mile radius, the population totals 52,864 with an average household income of $72,006. Positioned in a strategic Midwest location with abundant power, interstate access, and deep labor availability, 1536 E Fairchild St presents a compelling opportunity for dry goods, food distribution, and investors seeking a versatile and logistics-advantaged industrial asset.