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Leased Single-Story Office Building
For Sale
$1,925,000

1902 Fox Dr, Champaign, IL 61820

Single-story office building in Champaign Corporate Center, 86% leased with a mix of private office coworking and anchored tenants.

Property Size17,915 SF
Price / SF$107.45
Days on Market51

Property Features for 1902 Fox Dr

General Information

Standard status Active
Size 17,915 SF
Property subtype Office - General Office
Occupancy 86%

Building Details

Building Size 17,915 SF
Stories 1
Tenancy Multi
Listing Agency: Coldwell Banker Commercial Devonshire Realty
Listed By: AJ Thoma III
Source: Commercialcafe
Added: Jul 13 Changed: Aug 28 Last Checked: Aug 31 at 1:31PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Coldwell Banker Commercial Devonshire Realty

Investment Insights

Based on property information with market context.

1902 Fox Drive is a single-story office building offering 17,915 RSF of flexible workspace. The property is currently 86% leased and includes established long-term tenants, with Comcast and the Illinois Federation of Teachers listed among the anchors. The remaining space has been repositioned into a premium private office coworking concept known as Parallel, creating a diversified income profile.

The building is located within the Champaign Corporate Center. The rent structure is described as a hybrid rent roll, combining stable base income from anchor tenants with diversified income from smaller office users.

Overall, the asset is presented as an income-producing office property that combines long-term tenancy with a coworking-adjacent configuration for the unleased portion.

Key Highlights

  • 17,915 RSF single‑story office building in Champaign Corporate Center
  • Currently 86% leased with long‑term anchored tenants, including Comcast and Illinois Federation of Teachers
  • Income mix includes a premium private office coworking concept (Parallel) plus anchored tenant space

Property Analytics

Current Use

Floor Coverings International ... Carpet & Flooring Store Holdren & Associates Inc Real Estate Agency Loman-Ray Insurance Group, ... Insurance Agency American Sustainable Farming Production Facility Flats or Spikes (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Building Supply Auto Parts Store Auto Repair Shop Big Box & Wholesale Store HVAC Service Storage Facility

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

86%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

1,200
Businesses Nearby

Demographics for 61820, IL

40,822
Population
18,672
Households
2.2
Avg Household Size
25
Median Age
55%
College-Educated
93%
High-School Grad
5.9 sq mi
ZIP Area
6,919
Density / Sq Mi
$31,031
Median Household Income
$14,828
Median Earnings
$1,077
Median Rent
$175,900
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?
Office building - Single-story office building in Champaign Corporate Center, 86% leased with a mix of private office coworking and anchored tenants.
Where is this office building located?
The property is located at 1902 Fox Dr Champaign, IL.
What is the asking price?
The asking price for this property is $1,925,000.
What are key features of this property?
This property features: 17,915 RSF single‑story office building in Champaign Corporate Center; Currently 86% leased with long‑term anchored tenants, including Comcast and Illinois Federation of Teachers; Income mix includes a premium private office coworking concept (Parallel) plus anchored tenant space
More about this property
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