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    Urbana, IL Retail Properties & Spaces for Sale

    9 results
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    Downtown Urbana Retail Condominium
    $459,900

    Downtown Urbana Retail Condominium

    110 W Main Street, Urbana, IL 61801

    Prime retail condominium in downtown Urbana with renovated space.

    • Prime downtown Urbana location
    • Versatile B4 zoning allows for diverse business uses (retail, office, restaurant, etc.)
    • Renovated between 2015‑2017
    • 2,280 sq ft first floor with 5,280 sq ft basement
    • First floor features hardwood floors and high ceilings
    Updated: Sep 18, 2025
    View details
    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
    View details
    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
    View details
    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
    View details
    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
    View details
    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
    View details
    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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    Vacant Retail Building Near I-74
    $350,000
    3,699 SF

    Vacant Retail Building Near I-74

    Vacant retail building with parking, close to I-74.

    1605 N Cunningham Ave, Urbana, IL
    View details
    Urbana Commercial Lot For Sale
    $1,706,681

    Urbana Commercial Lot For Sale

    6.53-acre commercial lot at Windsor & High Cross Road.

    2601 S High Cross Rd, Urbana, IL 61802
    View details
    Based on your search, we've compiled 23 Potential Opportunities for your consideration. Besides 9 Active listings in Urbana, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 6 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

    Explore Opportunities in Nearby Cities

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

    Champaign Retail Opportunity
    $1,700,000
    0.09 Acres

    Champaign Retail Opportunity

    Retail space for sale in Champaign, Illinois.

    606 S 6th Street, Champaign, IL 61820
    View details
    Historic Downtown Champaign Mixed-Use Building
    $3,850,000
    0.29 Acres

    Historic Downtown Champaign Mixed-Use Building

    Landmark building with retail, residential, and office space.

    41 E. University Avenue, Champaign, IL 61820
    View details
    Multi-Tenant Building on University Avenue
    $3,000,000
    1,400 SF

    Multi-Tenant Building on University Avenue

    Multi-tenant building with high visibility and ample parking.

    505-517 E University Ave, Champaign, IL
    View details
    Historic Mixed-Use Building in Champaign
    $3,850,000
    22,052 SF

    Historic Mixed-Use Building in Champaign

    Historic building with retail, residential, and office space.

    41 E. University Avenue, Champaign, IL 61820
    View details

    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.

    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
    View details
    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
    View details
    Prime Land Near University of Illinois
    $1,200,000
    3.50 Acres

    Prime Land Near University of Illinois

    3.5-acre parcel near University of Illinois with development opportunities.

    1301 N Lincoln Avenue, Urbana, IL 61801
    View details
    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
    View details

    Explore Off-Market Properties in Urbana, IL

    Consider similar Off-Market properties in Urbana, IL. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    3604 Cunningham Ave

    3604 Cunningham Ave

    RETAIL STORES (PERSONAL SERVICES) • 3,522 SF
    Value Estimation by Request
    3604 Cunningham Ave, Urbana, IL 61802-9790
    View details
    1809 Philo Rd

    1809 Philo Rd

    Individual retail properties • 25,576 SF
    Value Estimation by Request
    1809 Philo Rd, Urbana, IL 61802
    View details
    110 University Ave

    110 University Ave

    Individual retail properties • 29,595 SF
    Value Estimation by Request
    110 University Ave, Urbana, IL 61801
    View details
    1803-1809 Philo Rd

    1803-1809 Philo Rd

    Lifestyle centers • 25,576 SF
    Value Estimation by Request
    1803-1809 Philo Rd, Urbana, IL 61802
    View details
    2740 Philo Rd

    2740 Philo Rd

    Restaurants
    Value Estimation by Request
    2740 Philo Rd, Urbana, IL 61801
    View details
    3218 Cunningham Ave

    3218 Cunningham Ave

    RETAIL STORES (PERSONAL SERVICES) • 28,380 SF
    Value Estimation
    $935,000
    3218 Cunningham Ave, Urbana, IL 61802-9765
    View details

    Urbana, IL Retail Properties & Spaces Investment Opportunities Market Analysis

    Explore 15 retail properties & spaces for sale in Urbana, IL, showcased through 9 active listings on our real estate platform. These investment opportunities span a total of 68,942 square feet of properties for sale, with an estimated market value of $1,240,000.

    Sale prices for stores in Urbana, IL start at $315,000, averaging $413,333, 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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