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    Urbana, IL
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    Urbana, IL Commercial Land for Sale

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    Champaign, IL Savoy, IL Philo, IL Saint Joseph, IL Tolono, IL Thomasboro, IL Mahomet, IL Seymour, IL
    18 properties
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    Assembled Mixed-Use Development Site
    Updated: Jun 29
    Assembled Mixed-Use Development Site

    507 Springfield Avenue, Urbana, IL 61801

    $550,000
    0.54 AC lot
    0.54‑acre assemblage combining 510 W Elm Street and 507 W Springfield Avenue
    0.41‑acre on‑grade parking lot zoned Mixed Office Residential (MOR)
    0.13‑acre parcel with an approximately 2,000‑square‑foot office building
    507 W Springfield Avenue is zoned B‑2 Neighborhood Business‑Arterial District
    Downtown Urbana location minutes from the University of Illinois campus
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    Commercial Land Near Interstate Exit
    Updated: Mar 11
    Commercial Land Near Interstate Exit

    2005 N Kenyon Road, Urbana, IL 61802

    $355,000
    1.80 AC lot
    1.8‑acre commercial land parcel
    Located at the southwest quadrant of Interstate 74 and US Route 45 / Cunningham Ave Exit (Exit #184)
    Next to Eastland Suites Hotel and Conference Center
    COMMR zoning
    Natural gas available
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    Commercial Land Near Interstate
    Commercial Land Near Interstate

    905 W Killarney Street, Urbana, IL 61801

    $475,000
    1.06 AC lot

    B-3 General Business zoning and interstate access define the site’s commercial profile.

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    See hot listings in Urbana

    Scored against comparables nationwide. These are worth a look.

    Scored against comparables nationwide. These are worth a look.

    Cap Rate available after sign in
    Est. NOI available after sign in
    Local Demand available after sign in
    Urbana Land Ready to Build
    Urbana Land Ready to Build

    1011 and 1101 Bradley Avenue, Urbana, IL 61801

    $2,654,894
    11 sqft

    Land for sale in Urbana, Illinois, with interstate access.

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    B-3 Commercial Land
    B-3 Commercial Land

    1009 N Cunningham Avenue, Urbana, IL 61802

    $225,000
    0.36 AC lot

    Vacant commercial parcel with B-3 General Business zoning and access along N Cunningham Avenue.

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    Urbana Land For Sale
    Urbana Land For Sale

    402 W Griggs Street, Urbana, IL 61801

    $400,000
    1.08 AC lot

    Commercial land available in Urbana, Illinois.

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    Realmo Analytics Monitor Off-market properties and contact owners who are ready to sell. Many signals applied to make quality leads for you. Get Leads
    Prime Land Near University
    Prime Land Near University

    1301 N Lincoln Avenue, Urbana, IL 61801

    $1,200,000
    3.12 AC lot

    3.12-acre parcel near the University of Illinois.

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    Prime Urbana Development Opportunity
    Prime Urbana Development Opportunity

    2810 Philo Rd, Urbana, IL 61802

    $1,049,796
    4.82 AC lot

    4.82-acre lot in Stone Creek Commons, Urbana Enterprise Zone.

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    Urbana Commercial Lot For Sale
    Urbana Commercial Lot For Sale

    2601 S High Cross Rd, Urbana, IL 61802

    $750,000
    6.53 AC lot

    6.53-acre commercial lot at Windsor & High Cross Road.

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    Urbana Pad Site For Sale
    Urbana Pad Site For Sale

    2002 E Windsor Rd, Urbana, IL 61802

    $785,000
    155 sqft

    3.56 AC pad site in Southeast Urbana for development.

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    Urbana Commercial Lot in Stone Creek
    Urbana Commercial Lot in Stone Creek

    2810 Boulder Dr, Urbana, IL 61802

    $441,481
    2.03 AC lot

    2.03-acre commercial lot in southeast Urbana's Stone Creek Commons.

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    Commercial Lot in Stone Creek
    Commercial Lot in Stone Creek

    2730 Philo Rd, Urbana, IL 61802

    $351,965
    1.01 AC lot

    1.01-acre commercial lot in southeast Urbana.

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    Mixed-Use Property with Shop Area
    Mixed-Use Property with Shop Area

    507 Crystal Lake Dr, Urbana, IL 61802

    $139,900

    MULTI-zoned parcel includes an apartment and a separate shop area.

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    Urbana Land with Development Potential
    Urbana Land with Development Potential

    Airport Rd, Vance Rd, & Cunningham Ave, Urbana, IL 61802

    $1,250,000
    26 sqft

    26.93 acres in Urbana with varied zoning and development opportunities.

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    Commercial Land in East Urbana
    Commercial Land in East Urbana

    1806 Philo Road, Urbana, IL 61801

    $195,000

    Highly visible commercial land with business incentives and easy access.

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    Commercial Land at Highway Interchange
    Commercial Land at Highway Interchange

    2005 North Kenyon Road, Urbana, IL 61802

    $355,000

    COMMR-zoned land near an interstate and adjacent hotel and conference center.

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    Prime Commercial Lot in Urbana
    Prime Commercial Lot in Urbana

    2202 East Windsor Road, Urbana, IL 61802

    $2,117,016
    9.72 AC lot

    9.72-acre commercial lot in southeast Urbana's Windsor Road corridor.

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    26 Acres Commercial Land Available
    26 Acres Commercial Land Available

    100 S High Cross Rd, Urbana, IL 61802

    Contact for pricing
    26.00 AC lot

    26 acres of commercial land with utilities, near retail.

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    Based on your search, we've compiled Potential Opportunities for your consideration. Besides 18 Active Listings in Urbana, IL, we suggest to view alternatives - similar 14 Off-Market properties to explore as potential leads.

    Off-Market Properties in Urbana, IL

    Consider similar Off-Market properties in Urbana, IL. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    1301 Washington St
    VACANT COMMERCIAL LAND

    1301 Washington St, Urbana, IL 61802-4447

    Estimated value: by Request
    View details
    2904 Tatman Ct
    VACANT COMMERCIAL LAND

    2904 Tatman Ct, Urbana, IL 61802

    Estimated value:
    $155,000
    View details
    3003 Tatman Ct
    VACANT COMMERCIAL LAND

    3003 Tatman Ct, Urbana, IL 61802

    Estimated value: by Request
    View details
    3009 Tatman Ct
    VACANT COMMERCIAL LAND

    3009 Tatman Ct, Urbana, IL 61802

    Estimated value: by Request
    View details
    2903 Tatman Ct
    VACANT COMMERCIAL LAND

    2903 Tatman Ct, Urbana, IL 61802-2346

    Estimated value:
    $510,000
    View details
    707 Springfield Ave
    VACANT COMMERCIAL LAND

    707 Springfield Ave, Urbana, IL 61801-3373

    Estimated value:
    $210,000
    View details

    Urbana, IL Commercial Land Market Trends and Statistics

    Explore 32 commercial land for sale in Urbana, IL, showcased through 18 active listings on our real estate platform. These investment opportunities span a total of 2,529,721 square feet of properties for sale, with an estimated market value of $13,295,052.

    Sale prices for commercial lots in Urbana, IL start at $139,900, averaging $782,061, and reaching up to $2,654,894 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Residential land & home lots 47
    Commercial land 22
    Waterfront Land 4
    Agricultural land / Farmland 3
    Industrial land 1

    Demographics Overview

    Population 47K
    Population Growth (5Y) -5.1%
    Median Household Income $46,466
    College Educated 55.8%

    High-Yield Neighborhoods for Investment

    Identify Urbana submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    61802 $710.9K
    61801 $834.4K

    Taxes & Financing

    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Champaign County

    New Delisted

    Property Size Breakdown

    The majority of commercial real estate listings in Urbana fall within the under-1-acre range.

    How Realmo verifies these figures

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