1902 Fox Dr

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1902 Fox Dr

champaign, IL 61820
Asking Price
$1.93M
Asset Type
Office
Class
Class B

What's Special

1902 Fox Drive is located in the Fox Drive commercial corridor in south Champaign, Illinois. The property sits within a mature professional district characterized by a mix of corporate offices and service-oriented businesses. The location provides immediate access to State Street and Neil Street, two primary north-south thoroughfares, and is situated less than two miles from the University of Illinois campus. Nearby amenities include various dining options, financial services, and retail centers. The area is served by the Champaign-Urbana Mass Transit District, with multiple bus stops located within walking distance of the facility. This office asset is suited for professional services, administrative operations, or medical-related billing offices. The layout and location align with the needs of established local firms and regional satellite offices seeking a central position between the university district and residential areas. Typical tenants for this property type include insurance agencies, legal practices, engineering firms, and non-profit organizations. The building’s accessibility and proximity to the I-57 and I-74 interchange make it a practical choice for businesses requiring regional connectivity for employees and clients across the greater Champaign-Urbana metropolitan area.

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NOI
$80,000
Cap Rate
4.16%
DSCR
0.70
Underwater
Cash-on-Cash
-5.94%
Monthly Payment
$9,523.85
Annual Cash Flow
$-34,286.196

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