Building Details

Tenancy Single

Listing Agency: Newmark - Boca Raton a***@nmrk.com Show Phone

Listed By: Alan Long · License #IL SL3121572

Source: Crexi

Added: Apr 12 Changed: Aug 30 Last Checked: Aug 30 at 5:22PM

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Investment Insights

Based on property information with market context.

This single-tenant commercial property includes buildings configured for manufacturing and office functions. The improvements are located at 1604 Rion Dr in Champaign, Illinois.

Key Highlights

• Single‑tenant occupancy
• Manufacturing and office buildings
• 1604 Rion Dr, Champaign, IL 61822

Property Analytics

Property Profile

Current Use

Manufacturing properties

Suggested Use

Top Pick Real Estate Agency Building Supply Pharmacy Locksmith Carpet & Flooring Store HVAC Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Single-tenant

Tenancy

Location Intelligence

Trade Area within ½ mile

90

Businesses Nearby

Explore this area Business Placement

Demographics for 61822, IL

25,091

Population

11,923

Households

2.1

Avg Household Size

38

Median Age

58%

College-Educated

96%

High-School Grad

107.2 sq mi

ZIP Area

234

Density / Sq Mi

$97,044

Median Household Income

$55,385

Median Earnings

$1,265

Median Rent

$264,600

Median Home Value

Market

Vacancy Rate% for Office in Midwest region

13.7% 2019

15.6% 2020

17.1% 2021

18.9% 2022

21% 2023

22% 2024

21.3% 2025

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Frequently Asked Questions

What type of property is this?

Manufacturing property - The property combines manufacturing and office improvements under one tenancy.

Where is this manufacturing property located?

The property is located at 1604 Rion Dr Champaign, IL.

What are key features of this property?

This property features: Single‑tenant occupancy; Manufacturing and office buildings; 1604 Rion Dr, Champaign, IL 61822