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Property profile & analytics

1604 Rion Dr Champaign, IL 61822

  • Commercial real estate
Value Estimation
Location Intelligence
Property ID
US28-1409296
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Commercial real estate

Property Details for 1604 Rion Dr

Property type
Commercial real estate
APN
411426352006
APU
411426352006

Description

This exceptional Champaign County industrial property offers 66,254 square feet of versatile space, ideally suited for manufacturing, office, lab, and data center uses. The complex, built in 2008 and extensively renovated in 2018, comprises four buildings totaling 66,254 square feet. Building 1604 Rion Drive is a 10,800-square-foot flex building with six condos previously used for cleaning, maintenance, and warehousing. Building 1606A Rion Drive, a 14,400-square-foot flex building, features eight condos previously used as clean rooms and parts staging. A dedicated 17,888-square-foot clean room building (1606B Rion Drive) is also included. Finally, a two-story, 24,966-square-foot administrative office building (1608 Rion Drive) provides ample office space. The property boasts multiple overhead doors, a robust 15-megawatt power system with redundancy and UPS backup, and 120 parking stalls. Approximately 18,000 square feet is currently vacant. Situated in the Prairie Crossing commercial subdivision in Northwest Champaign, this property offers excellent visibility from I-57, with convenient access within 0.1 miles. Amenities nearby include a hotel and a gas station. The property sits on a four-acre lot and benefits from significant prior tenant improvements estimated at $6.8 million. The current lease extends to February 28, 2036.

Value Estimation

Powered by Realmo proprietary methodology Last update: July 3, 2025
  • CAP approach

  • Comparable approach

  • Alternative Use

Location Insight

  • Map
  • Local Demand
City
Champaign
County
Champaign
State
Illinois
Longitude
-88.2709
Latitude
40.1599
CBSA code
16580
CBSA name
CHAMPAIGN-URBANA, IL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$5,092
$4,340
$54,370
$58,710
-
$13,020
$163,110
$176,130
More about this property
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