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    Urbana, IL Commercial Real Estate for Sale

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    Champaign, IL Savoy, IL Philo, IL
    30 results
    Urbana Commercial Property For Sale
    $1,300,000
    0.61 Acres

    Urbana Commercial Property For Sale

    306 W Springfield Avenue W, Urbana, IL 61801

    Prime commercial property in Urbana, Illinois, ideal for various ventures.

    • Prime general commercial land location in the heart of Downtown Urbana, minutes from the University of Illinois Urbana‑Champaign.
    • Significant price reduction from $2.5 million to $1.3 million, including the business name, fixtures, and inventory.
    • Large, free‑standing property with nearly 10,000 square feet of modern, thoughtfully designed space on over three‑quarters of an acre.
    • Fully equipped facility with expansive refrigeration, generous frozen storage, a full bakery and kitchen, and a cafe.
    • Versatile space suitable for continuing its legacy as a market, reimagining it as a new concept, or transforming it into a multi‑tenant space.
    Updated: Apr 14
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    Urbana Commercial Land For Sale
    $475,000
    1.06 Acres

    Urbana Commercial Land For Sale

    905 W Killarney Street, Urbana, IL 61801

    Prime commercial land parcel in Urbana, Illinois, with high visibility.

    • Prime commercial parcel with exceptional visibility and accessibility.
    • Zoned B‑3 General Business, suitable for a wide range of high‑impact uses.
    • Strong traffic counts and easy access to Interstate 74.
    • Ideally positioned to capture local and traveling consumers.
    • Located in the thriving community of Urbana.
    Updated: Mar 5
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    Downtown Urbana Retail Condominium
    $459,900
    7,560 SF

    Downtown Urbana Retail Condominium

    Prime retail condominium in downtown Urbana with renovated space.

    110 W Main Street, Urbana, IL 61801
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    Urbana Commercial Property for Sale
    $970,000
    0.46 Acres

    Urbana Commercial Property for Sale

    Commercial property available in Urbana, Illinois.

    507 S Broadway Avenue, Urbana, IL 61801
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    Urbana Commercial Property For Sale
    $175,000
    3,000 SF

    Urbana Commercial Property For Sale

    Versatile commercial building in Urbana with convenient interstate access.

    4904 N Cunningham Avenue, Urbana, IL 61802
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    Downtown Urbana Commercial Building
    $475,000
    0.06 Acres

    Downtown Urbana Commercial Building

    Two-story commercial building with first-floor restaurant in downtown Urbana.

    114 S Race, Urbana, IL 61801
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    Urbana Land For Sale
    $599,000
    1.08 Acres

    Urbana Land For Sale

    Commercial land available in Urbana, Illinois.

    402 W Griggs Street, Urbana, IL 61801
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    Remodeled Bar & Karaoke Venue
    $970,000
    8,800 SF

    Remodeled Bar & Karaoke Venue

    Turnkey bar and karaoke venue with leaseback opportunity.

    214 W Main St, Urbana, IL
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    Downtown Urbana Retail Condominium
    $459,900
    6,200 SF

    Downtown Urbana Retail Condominium

    Prime retail condominium in downtown Urbana with renovated space.

    110 W Main St, Urbana, IL 61801
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    Urbana Redevelopment Opportunity For Sale
    $600,000

    Urbana Redevelopment Opportunity For Sale

    Redevelopment opportunity on a hard corner in Urbana, Illinois.

    2702-2708 N Cunningham Ave, Urbana, IL 61802
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    Urbana Office Building For Sale
    $295,000

    Urbana Office Building For Sale

    Office building for sale in Urbana's South end.

    1405 E Florida, Urbana, IL 61801
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    Downtown Urbana Office/Warehouse Building
    $1,152,375
    9,251 SF

    Downtown Urbana Office/Warehouse Building

    Professional office building with warehouse space in downtown Urbana.

    508 S Broadway Ave Urbana IL, Urbana, IL 61801
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    Retail Building in Urbana
    $965,000
    9,180 SF

    Retail Building in Urbana

    9,180 SF retail building on 1.17 acres.

    1110 S Philo Rd, Urbana, IL 61801
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    Prime Land Near University
    $1,200,000
    3.12 Acres

    Prime Land Near University

    3.12-acre parcel near the University of Illinois.

    1301 N Lincoln Avenue, Urbana, IL 61801
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    Urbana Land Ready to Build
    $2,654,894

    Urbana Land Ready to Build

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

    1011 and 1101 Bradley Avenue, Urbana, IL 61801
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    New Dutch Bros Drive-Thru
    Contact for pricing
    1,043 SF

    New Dutch Bros Drive-Thru

    Brand new Dutch Bros with drive-thru near University of Illinois.

    809 W Green St, Urbana, IL 61801
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    Urbana Industrial Property with Rail Access
    $6,500,000
    10,000 SF

    Urbana Industrial Property with Rail Access

    Industrial property with rail access and expansion potential in Urbana.

    1505 E Main St, Urbana, IL 61802
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    Remodeled Industrial Building with Solar
    $1,200,000
    16,975 SF

    Remodeled Industrial Building with Solar

    16,975 SF industrial building remodeled in 2022 & 2023.

    805 E Perkins Rd, Urbana, IL
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    Urbana Pad Site For Sale
    $785,000

    Urbana Pad Site For Sale

    3.56 AC pad site in Southeast Urbana for development.

    2002 E Windsor Rd, Urbana, IL 61802
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    Industrial Property with Rail Access
    $6,500,000
    269,000 SF

    Industrial Property with Rail Access

    Industrial property featuring rail access and expansion potential.

    205 S Lierman Ave, Urbana, IL
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    Urbana Pad Site For Sale
    $785,000
    3.56 Acres

    Urbana Pad Site For Sale

    3.56 AC pad site in Southeast Urbana.

    2002 E Windsor Ln, Urbana, IL
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    Commercial Land in East Urbana
    $195,000

    Commercial Land in East Urbana

    Highly visible commercial land with business incentives and easy access.

    1806 Philo Road, Urbana, IL 61801
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    Urbana Land with Development Potential
    $1,250,000

    Urbana Land with Development Potential

    26.93 acres in Urbana with varied zoning and development opportunities.

    Airport Rd, Vance Rd, & Cunningham Ave, Urbana, IL 61802
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    Prime Land Near University
    $1,200,000
    3.50 Acres

    Prime Land Near University

    3.5-acre parcel near University of Illinois, Urbana.

    1301 North Lincoln Avenue, Urbana, IL 61801
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    Urbana, IL Commercial Real Estate Investment Opportunities Market Analysis

    Explore 1350 commercial real estate for sale in Urbana, IL, showcased through 30 active listings on our real estate platform. These investment opportunities span a total of 343,859 square feet of properties for sale, with an estimated market value of $24,022,069.

    Sale prices for business properties in Urbana, IL start at $175,000, averaging $1,715,862, and reaching up to $6,500,000 — 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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    Property Size Breakdown

    The majority of commercial real estate listings in Urbana fall within the 25,000 to 50,000 square foot range.

    Demographics Overview

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

    High-Yield Neighborhoods for Strategic Investment

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

    Neighborhood Average Price
    61801 $891.5K
    61802 $1.5M

    Taxes & Financing

    Average Loan-to-Value 65.0%

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