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    Urbana, IL Conventional Restaurants for Sale

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    Champaign, IL Savoy, IL Philo, IL
    Downtown Urbana Commercial Building
    $475,000
    0.06 Acres

    Downtown Urbana Commercial Building

    114 S Race, Urbana, IL 61801

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

    • Prime downtown Urbana location.
    • Existing first‑floor restaurant generating $3,500/month rental income.
    • Unfinished second floor offers 'value add' opportunity for conversion.
    • Low tax assessment.
    • New live music venue opening adjacent in Fall 2026.
    Updated: Sep 26, 2025
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    Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Urbana, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Dwight Landmark Restaurant For Sale
    $764,000
    0.16 Acres

    Dwight Landmark Restaurant For Sale

    Turnkey restaurant in downtown Dwight, ready for seamless transition.

    140 E Main Street, Dwight, IL 60420
    View details
    Top-Performing Panera Bread For Sale
    $3,332,000
    4,980 SF

    Top-Performing Panera Bread For Sale

    Corporate-guaranteed Panera Bread in top 5% nationwide, Champaign, Illinois.

    1903 Convenience Pl, Champaign, IL 61820
    View details
    Prime Commercial Property with Restaurant
    $2,500,000
    5,800 SF

    Prime Commercial Property with Restaurant

    Two-acre commercial property with restaurant and vacant land.

    608 W TOWN CENTER Boulevard, Champaign, IL 61822
    View details
    Historic Dwight Mixed-Use Building
    $250,000
    4,500 SF

    Historic Dwight Mixed-Use Building

    4,200 SF mixed-use building with restaurant and apartments.

    118 East Main Street, Dwight, IL 60420
    View details

    Urbana, IL Conventional Restaurants Investment Opportunities Market Analysis

    Explore 1 conventional restaurants for sale in Urbana, IL on our real estate platform. These investment opportunities span a total of 0 square feet of properties for sale, with an estimated market value of $475,000.

    Sale prices for conventional restaurants in Urbana, IL start at $475,000, averaging $475,000, and reaching up to $475,000 — 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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