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Urbana, IL Grocery And Convenience Stores for Sale

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Champaign, IL Savoy, IL East Peoria, IL Philo, IL Sidney, IL Saint Joseph, IL Peoria, IL Tolono, IL
Downtown Grocery Market
Updated: Apr 14
Downtown Grocery Market

306 W Springfield Avenue W, Urbana, IL 61801

$1,300,000
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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Freestanding Grocery and Convenience Store
Updated: Aug 21
Freestanding Grocery and Convenience Store

306 W Springfield Ave W, Urbana, IL 61801

$1,300,000
9,800 sqft 0.75 AC lot
More than three‑quarters of an acre of General Commercial land
Freestanding grocery and convenience store facility in Downtown Urbana
Over 30 years of operation as Strawberry Fields / World Harvest Foods
Expansive refrigeration and generous frozen storage
Full bakery and kitchen with café space
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Grocery-Anchored Shopping Center
Grocery-Anchored Shopping Center

1813 S Philo Rd, Urbana, IL 61802

Contact for pricing

Grocery-anchored center with an outlot, inline retail, and two vacant suites, including dock-height and overhead receiving doors.

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Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 3 Active listings in Urbana, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 2 Land Listings that present a potential for development.

Opportunities in Nearby Cities

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

Licensed Butcher Shop Manufacturing Property
Licensed Butcher Shop Manufacturing Property

304 Chapin St, Ivesdale, IL 61851

$499,900
7,155 sqft

Established meat-processing facility with upgraded refrigeration and an on-site employee residence.

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37,619 SF Former Grocery Store
37,619 SF Former Grocery Store

605 E Southline Rd, Tuscola, IL 61953

$990,000
37 sqft

Well-maintained building with ample parking and multiple uses.

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Licensed Grocery and Convenience Store
Licensed Grocery and Convenience Store

304 Chapin Street, Ivesdale, IL 61851

$499,900
0.55 AC lot

Operating butcher shop with upgraded refrigeration, employee housing, and central air conditioning in Ivesdale, Illinois.

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Grocery-Converted Retail With Dock Doors
Grocery-Converted Retail With Dock Doors

605 E Southline Rd, Tuscola, IL 61953

Contact for pricing

Well-maintained building offers open retail at the front, shipping and receiving at the rear with two overhead dock doors.

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Neighborhood Commercial Land
Neighborhood Commercial Land

103 Calvin Street, Savoy, IL 61874

$125,000

Zoned Neighborhood Commercial with General Retail allowed and water available.

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Neighborhood Commercial Land
Neighborhood Commercial Land

4202 Nicklaus Drive, Champaign, IL 61822

$750,000
1.92 AC lot

Vacant commercial parcel suited to neighborhood-serving office, retail, and service uses.

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Urbana, IL Grocery And Convenience Stores Market Trends and Statistics

Explore 3 grocery and convenience stores for sale in Urbana, IL, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 9,800 square feet of properties for sale, with an estimated market value of $2,600,000.

Sale prices for supermarkets in Urbana, IL average $1,300,000 — 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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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Storefront properties 7
Shopping centers 5
Grocery and convenience stores 3
Automotive properties 1
Drug stores 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
61801 $1.3M

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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