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    Urbana, IL Industrial Properties for Sale

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    Downtown Urbana Office/Warehouse Building
    Updated: Sep 22, 2025
    Downtown Urbana Office/Warehouse Building

    508 S Broadway Ave Urbana IL, Urbana, IL 61801

    Contact for pricing
    9,251 sqft 0.63 AC lot
    Prime downtown Urbana location near the Federal and County Courthouses and Lincoln Square Mall.
    9,251 SF building with 6,939 SF of professional office space and 2,312 SF of low‑bay warehouse space.
    Well‑maintained building, fully renovated in 1992.
    24 striped parking spaces** on a 0.63‑acre site, with abundant additional parking nearby.
    Office area includes 16 private offices, reception area, two conference rooms, restrooms, and kitchenette.
    View details
    See hot listings in Urbana

    Scored against comparables nationwide. These are worth a look.

    Scored against comparables nationwide. These are worth a look.

    Cap Rate available after sign in
    Est. NOI available after sign in
    Local Demand available after sign in
    Based on your search, we've compiled 77 Potential Opportunities for your consideration. Besides 1 Active listings in Urbana, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 71 Off-Market properties to explore as potential leads, plus 1 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.

    Flex Facility With Warehouse Space
    Flex Facility With Warehouse Space

    408 S Neil St, Champaign, IL 61820

    Contact for pricing
    17,170 sqft 1.36 AC lot

    Versatile commercial facility combining office accommodations with service-oriented warehouse and garage areas.

    View details
    Industrial Property with Two Buildings
    Industrial Property with Two Buildings

    508 EAGLE Drive, Rantoul, IL 61866

    $73,900
    1.06 AC lot

    Brick and metal structures include dock access, an overhead door, water tanks, and a fenced exterior area.

    View details
    Mixed-Use Property with Loading Dock
    Mixed-Use Property with Loading Dock

    508 EAGLE Drive, Rantoul, IL 61866

    Contact for pricing
    1.06 AC lot

    Two-building commercial property with fenced outdoor space, overhead-door access, and dedicated water-storage improvements.

    View details
    Flex Office and Heated Garage
    Flex Office and Heated Garage

    915 W Bloomington Rd, Champaign, IL 61821

    Contact for pricing
    3,168 sqft

    Former used-auto sales facility with office space and a heated four-bay garage.

    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.

    Industrial Land in Research Park
    Industrial Land in Research Park

    1504 Newton Drive, Champaign, IL 61822

    $225,000
    2.08 AC lot

    Industrial-zoned land with utility access and regional highway connectivity in northwest Champaign.

    View details

    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.

    2007 Federal Dr
    INDUSTRIAL (GENERAL)

    2007 Federal Dr, Urbana, IL 61801-1052

    Estimated value:
    $3,410,000
    View details
    1409 Triumph Dr
    WAREHOUSE, STORAGE

    1409 Triumph Dr, Urbana, IL 61802-9767

    Estimated value:
    $295,000
    7,500 sqft
    View details
    395 Race St
    INDUSTRIAL (GENERAL)

    395 Race St, Urbana, IL 61801

    Estimated value:
    $180,000
    View details
    2912 Oak St
    INDUSTRIAL (GENERAL)

    2912 Oak St, Urbana, IL 61802

    Estimated value:
    $1,325,000
    3.52 AC lot
    View details
    3102 Oak St
    INDUSTRIAL (GENERAL)

    3102 Oak St, Urbana, IL 61802

    Estimated value:
    $875,000
    12.90 AC lot
    View details
    3010 Oak St
    INDUSTRIAL (GENERAL)

    3010 Oak St, Urbana, IL 61802-7215

    Estimated value:
    $1,325,000
    0.31 AC lot
    View details
    2906 Oak St
    INDUSTRIAL (GENERAL)

    2906 Oak St, Urbana, IL 61802-7203

    Estimated value:
    $1,325,000
    9.57 AC lot
    View details
    Urbana, IL 61802
    INDUSTRIAL (GENERAL)

    Urbana, IL 61802

    Estimated value:
    $275,000
    0.32 AC lot
    View details
    3615 Cunningham Ave
    WAREHOUSE, STORAGE

    3615 Cunningham Ave, Urbana, IL 61802-9790

    Estimated value:
    $215,000
    3,905 sqft 1.50 AC lot
    View details
    3710 Cunningham Ave
    WAREHOUSE, STORAGE

    3710 Cunningham Ave, Urbana, IL 61802

    Estimated value:
    $230,000
    20,160 sqft 5.47 AC lot
    View details
    3405 Countryview Rd
    WAREHOUSE, STORAGE

    3405 Countryview Rd, Urbana, IL 61802-9709

    Estimated value:
    $525,000
    14,144 sqft
    View details
    2401 Willow Rd
    INDUSTRIAL (GENERAL)

    2401 Willow Rd, Urbana, IL 61802-7332

    Estimated value:
    $7,425,000
    7.50 AC lot
    View details
    1906 Federal Dr
    INDUSTRIAL (GENERAL)

    1906 Federal Dr, Urbana, IL 61801-1049

    Estimated value:
    $255,000
    View details
    2808 Lincoln Ave
    WAREHOUSE, STORAGE

    2808 Lincoln Ave, Urbana, IL 61802-7210

    Estimated value:
    $340,000
    12,032 sqft
    View details
    1510 Triumph Dr
    WAREHOUSE, STORAGE

    1510 Triumph Dr, Urbana, IL 61802-9795

    Estimated value:
    $385,000
    6,000 sqft
    View details
    1812 Federal Dr
    INDUSTRIAL (GENERAL)

    1812 Federal Dr, Urbana, IL 61801-0821

    Estimated value:
    $1,070,000
    View details
    906 Airport Rd
    INDUSTRIAL (GENERAL)

    906 Airport Rd, Urbana, IL 61802-7375

    Estimated value:
    $3,895,000
    13.64 AC lot
    View details
    910 Saline Ct
    INDUSTRIAL (GENERAL)

    910 Saline Ct, Urbana, IL 61802-7844

    Estimated value:
    $420,000
    6.00 AC lot
    View details
    1310 Triumph Dr
    WAREHOUSE, STORAGE

    1310 Triumph Dr, Urbana, IL 61802

    Estimated value:
    $185,000
    8,232 sqft
    View details
    3605 Cunningham Ave
    WAREHOUSE, STORAGE

    3605 Cunningham Ave, Urbana, IL 61802-9790

    Estimated value:
    $250,000
    3,160 sqft
    View details
    4704 Cunningham Ave
    WAREHOUSE, STORAGE

    4704 Cunningham Ave, Urbana, IL 61802-9763

    Estimated value:
    $370,000
    13,200 sqft 3.90 AC lot
    View details
    2305 Oaks Rd
    WAREHOUSE, STORAGE

    2305 Oaks Rd, Urbana, IL 61802-9681

    Estimated value:
    $125,000
    4,000 sqft 0.62 AC lot
    View details
    3612 Countryview Rd
    WAREHOUSE, STORAGE

    3612 Countryview Rd, Urbana, IL 61802-9708

    Estimated value:
    $290,000
    5,152 sqft 1.74 AC lot
    View details

    Urbana, IL Industrial Properties Market Trends and Statistics

    Explore 72 industrial properties for sale in Urbana, IL on our real estate platform. These investment opportunities span a total of 9,251 square feet of properties for sale.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Flex space 2
    Manufacturing properties 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

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