Market News
Sold Former Towanda, IL Firehouse
Towanda, Illinois — November 6, 2025 — AXIS 360 Commercial Real Estate Specialists announced the sale of the former Towanda Firehouse at 400 S. Madison, Towanda, IL. The property was sold by Aaron Baillie of Baillie Industries, with Meghan O’Neal of AXIS 360 representing both buyer and seller. The buyer intends to use the property for personal and general business use.
Conveniently located in the Village of Towanda just off Interstate 55 (Exit 171) and minutes from Normal and Bloomington, the freestanding building is known for its durable block construction, steel roof, and meticulous care under ownership. The space combines efficient access—four overhead doors with openers and remotes—with high-quality interiors, including polished concrete floors that extend through the office and main warehouse.
This building was coveted by many car enthusiasts to house their collections. Everyone looks forward to seeing how the new owners will utilize this buidling.