Drug Store

Urbana, IL Drug Stores for Sale

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Champaign, IL Savoy, IL East Peoria, IL Philo, IL Saint Joseph, IL Peoria, IL Tolono, IL Thomasboro, IL
Ground-Leased CVS Pharmacy
Updated: Apr 10
Ground-Leased CVS Pharmacy

1818 Philo Road, Urbana, IL 61802

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0.90 AC lot
Ground lease CVS Pharmacy on a 0.9‑acre lot with drive‑through and multiple points of access
NE corner of S Philo Rd and E Colorado Ave in Urbana, IL; full CVS corporate guarantee with original tenant Osco Drug
Initial ground lease began in 1999; CVS exercised two option periods early, leaving 11+ years of term plus two five‑year options
Urbana Enterprise Zone location, eligible for sales tax exemptions and property tax abatements if future renovations are needed
Only CVS serving the immediate population and one of four CVS locations within a five‑mile radius
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See what stands out in Champaign County

We check every for-sale listing in the county against comparable properties across the country. Most price about where you would expect. A few are worth a second look.

We check every listing here. A few are worth a second look.

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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.

Walgreens Drug Store
Walgreens Drug Store

2140 N Peoria Rd, Springfield, IL 62702

$1,771,400
13,450 sqft

Established drug store property with a retail footprint suited to continued commercial use.

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Walgreens Drug Store, Absolute Net
Walgreens Drug Store, Absolute Net

110 W Market St, Crawfordsville, IN 47933

Contact for pricing
14,259 sqft

Absolute-net retail asset with extended renewal options and no landlord responsibilities.

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Former CVS Retail Building
Former CVS Retail Building

713 S Washington Street, Crawfordsville, IN 47933

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9,000 sqft

Former CVS building offering commercial zoning with a wide range of potential uses.

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Dollar Tree Drug Store
Dollar Tree Drug Store

2707 E Sangamon Ave, Springfield, IL 62702

$970,588

Retail property situated on East Sangamon Avenue in Springfield.

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Urbana, IL Drug Stores Market Trends and Statistics

Explore 1 drug stores for sale in Urbana, IL on our real estate platform.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Storefront properties 7
Shopping centers 4
Grocery and convenience stores 2
Automotive properties 1
Drug stores 1

Demographics Overview

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

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 25,000 to 50,000 square foot range.

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