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32382533
32382532

2004 Fox Dr, Champaign, IL 61820

MT
IL IL 481011744, IL 475155035
Frontline Real Estate Partners
AS
IL 475.215824
Frontline Real Estate Partners
ZP
IL 475168541
Frontline Real Estate Partners
AR
IL 475156642
Frontline Real Estate Partners
AP
IL 475181270
Frontline Real Estate Partners
Listed by Frontline Real Estate Partners
Unpriced
26 days on market
Updated 26 days ago

2004 Fox Dr

Details
Property Type Office
Sub Type Executive Office
Square Footage 25,100
Units 8
NOI $163,606
Occupancy 68.6%
Tenancy Multi
Class B
Year Built 1988
Stories 1
Acreage 2.260
Zoning CO: Commercial Office District
Parking Spaces 98 spaces
Parking Per SqFt 3.90

Office | 25,100 SqFt

Marketing description

2004 Fox Drive is a 25,100-square-foot, single-story Class B office building located on Fox Drive in Champaign, Illinois. Built in 1988 and situated on 2.26 acres, the Property features eight (8) units, a prominent monument sign along Fox Drive, and ample on-site parking with 98 spaces (3.9/1,000 SF). Currently 68.6.6% occupied, the building is home to a diverse mix of tenants including Believers and Achievers, Finisar Corporation, Westchester Group Investment Management, Accent Counseling, Champaign Clinic, and Bret D. Kroenke Insurance & Financial Services, with one 2,500-square-foot suite available for lease. Zoned CO: Commercial Office District, the Property offers stable in-place income with upside potential, generating a net operating income (NOI) of approximately $163,606. The surrounding area features a mix of retail and office uses, with nearby national and regional retailers such as Harvest Market, ACE Hardware, Starbucks, Moe’s Southwest Grill, Smoothie King, Oberweis Ice Cream, Taco Bell, Steak ’n Shake, and McDonald’s. Major employers in the region include the University of Illinois, Carle Health Systems, Kraft-Heinz, and Presence Health.

2004 Fox Drive is ideally situated along Fox Drive in Champaign, Champaign County, Illinois. The City of Champaign, located in east-central Illinois, is home to the University of Illinois at Urbana-Champaign—the state’s largest and one of its most influential universities. With a population of approximately 89,000 and over 210,000 residents in Champaign County, the area offers a strong economic base and a skilled labor pool supported by ongoing university-driven research and innovation.

This location is recognized as one of Champaign’s premier commercial corridors, offering exceptional access, visibility, and proximity to key amenities. The Property is less than four (4) miles from both Interstate 74 (east/west) and Interstate 57 (north/south) and is easily accessible via major thoroughfares including Neil Street, Kirby Avenue, and Windsor Road. The surrounding area features a mix of retail and office uses, with nearby national and regional retailers such as Harvest Market, ACE Hardware, Starbucks, Moe’s Southwest Grill, Smoothie King, Oberweis Ice Cream, Taco Bell, Steak ’n Shake, and McDonald’s. Major employers in the region include the University of Illinois, Carle Health Systems, Kraft-Heinz, and Presence Health.

The Property is zoned CO: Commercial Office, designed primarily for freestanding office buildings and office parks, with limited supporting retail, service, and institutional uses. This low-intensity district promotes attractive landscaping, generous setbacks, and open space. The University of Illinois campus lies less than one (1) mile north, while Downtown Champaign is approximately two (2) miles away. Willard Regional Airport, located in the adjacent Village of Savoy, provides convenient regional air service.

Investment highlights

  • Strong occupancy at 68.6% with six (6) established tenants all on NNN leases
  • Attractive income stream producing a net operating income (NOI) of approximately $163,606
  • Strategic location near the University of Illinois, Carle Health Systems, and major area employers
  • Zoned CO: Commercial Office District allowing for flexible office and related service uses

Listing Contacts

MT
IL IL 481011744, IL 475155035
Frontline Real Estate Partners
AS
IL 475.215824
Frontline Real Estate Partners
ZP
IL 475168541
Frontline Real Estate Partners
AR
IL 475156642
Frontline Real Estate Partners
AP
IL 475181270
Frontline Real Estate Partners
Listed by Frontline Real Estate Partners

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Loan Amount
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Annual Debt Service
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Annual Cash Flow
$163,606.00
$13,633.83/mo

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Additional Information

Name
Matthew Tarshis
License
IL 481011744
Brokerage
Frontline Real Estate Partners, LLC
Name
Andrew Slovis
License
475.215824
Brokerage
Andrew Slovis
Brokerage Phone
8479896020
Title
Real Estate Broker
Brokerage Address
415 North Aberdeen Street
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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