Urbana, IL Conventional restaurants for sale

Updated: Apr 14

Downtown Grocery Market

306 W Springfield Avenue W, Urbana, IL 61801

$1,250,000

0.61 AC lot

Freestanding grocery and convenience property in Downtown Urbana
Expansive refrigeration and dedicated frozen storage
Bakery and commercial kitchen areas
Café component with retail food aisles
Zoned COMMR

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Updated: Sep 26, 2025

Two-Story Brick Restaurant Property

114 S Race, Urbana, IL 61801

$475,000

0.06 AC lot

Two‑story brick building with a first‑floor restaurant
Unfinished second floor
Approximately 0.061 acres
Central air cooling
1900 construction date

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Freestanding Grocery and Convenience Store

306 W Springfield Ave W, Urbana, IL 61801

$1,250,000

9,800 sqft 0.75 AC lot

Food retail facility with refrigeration, frozen storage, bakery, kitchen, and café areas.

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Two-Story Brick Restaurant Building

114 South Race, Urbana, IL 61801

$475,000

4,040 sqft

Brick commercial building with a first-floor restaurant and unfinished upper-level space.

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Downtown Restaurant with Patio

201 N Broadway Ave, Urbana, IL 61801

$550,000

Turnkey restaurant space includes built-in seating, an art deco back bar, and a front patio for additional guests.

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Turn-Key Restaurant and Bar

1309 East Washington Street, Urbana, IL 61802

Contact for pricing

4,923 sqft

Turn-key restaurant and bar available for sale in Urbana, IL.

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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

Based on your search, we've compiled 10 Potential Opportunities for your consideration. Besides 6 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.

Downtown Restaurant Building

Saint Joseph, IL 61873

$385,000

0.15 AC lot

Brick construction, central air, and an exhaust fan support restaurant use.

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Restaurant and Residential Building

10 E CHESTER ST, Champaign, IL 61820

Contact for pricing

7,000 sqft

Two-level property combines an established restaurant with a large two-bedroom residential unit.

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Drive-Through Restaurant Portfolio

1903 Convenience Place, Champaign, IL 61820

Contact for pricing

15,186 sqft

Three Panera Bread locations offered with corporate-guaranteed NN lease terms through 2033 and scheduled rent increases.

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Conventional Restaurant

Saint Joseph, IL 61873

$385,000

The restaurant includes central air and an exhaust fan.

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Urbana, IL Conventional Restaurants Market Trends and Statistics

Explore 6 conventional restaurants for sale in Urbana, IL, showcased through 6 active listings on our real estate platform. These investment opportunities span a total of 18,763 square feet of properties for sale, with an estimated market value of $4,000,000.

Sale prices for conventional restaurants in Urbana, IL start at $475,000, averaging $800,000, and reaching up to $1,250,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

Neighborhood	Average Price
61801	$810K

Neighborhood

Average Price

61801

$810K