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Urbana, IL Land for Sale

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76 properties
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Assembled Mixed-Use Development Site
Updated: Jun 29
Assembled Mixed-Use Development Site

507 Springfield Avenue, Urbana, IL 61801

$550,000
0.54 AC lot
0.54‑acre assemblage combining 510 W Elm Street and 507 W Springfield Avenue
0.41‑acre on‑grade parking lot zoned Mixed Office Residential (MOR)
0.13‑acre parcel with an approximately 2,000‑square‑foot office building
507 W Springfield Avenue is zoned B‑2 Neighborhood Business‑Arterial District
Downtown Urbana location minutes from the University of Illinois campus
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Commercial Land Near Interstate
Updated: Mar 5
Commercial Land Near Interstate

905 W Killarney Street, Urbana, IL 61801

$475,000
1.06 AC lot
1.06‑acre commercial land parcel
B‑3 General Business zoning
Located just off Interstate 74 in Urbana, Illinois
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Commercial Land Near Interstate Exit
Commercial Land Near Interstate Exit

2005 N Kenyon Road, Urbana, IL 61802

$355,000
1.80 AC lot

An Urbana parcel beside I-74 and US Route 45, adjacent to a hotel and conference center.

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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
Commercial Sale
Commercial Sale

1209 E Colorado Ave, Urbana, IL 61801

$725,000
4,312 sqft

Medical Office Space · 4,312 SF

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B-3 Commercial Land
B-3 Commercial Land

1009 N Cunningham Avenue, Urbana, IL 61802

$225,000
0.36 AC lot

Vacant commercial parcel with B-3 General Business zoning and access along N Cunningham Avenue.

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Urbana Homesite in Green Subdivision
Urbana Homesite in Green Subdivision

3002 N Brickhouses Road, Urbana, IL 61802

$140,000
0.88 AC lot

0.88 acre homesite in sustainable living neighborhood.

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Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
Urbana Land For Sale
Urbana Land For Sale

402 W Griggs Street, Urbana, IL 61801

$400,000
1.08 AC lot

Commercial land available in Urbana, Illinois.

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Urbana Land Ready to Build
Urbana Land Ready to Build

1011 and 1101 Bradley Avenue, Urbana, IL 61801

$2,654,894
11 sqft

Land for sale in Urbana, Illinois, with interstate access.

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Prime Land Near University
Prime Land Near University

1301 N Lincoln Avenue, Urbana, IL 61801

$1,200,000
3.12 AC lot

3.12-acre parcel near the University of Illinois.

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Residential Lot in Stone Creek
Residential Lot in Stone Creek

2721 E Stone Creek Boulevard, Urbana, IL 61802

$69,900
0.25 AC lot

Build your dream home in Urbana's prestigious Stone Creek.

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Prime Urbana Development Opportunity
Prime Urbana Development Opportunity

2810 Philo Rd, Urbana, IL 61802

$1,049,796
4.82 AC lot

4.82-acre lot in Stone Creek Commons, Urbana Enterprise Zone.

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Wooded Land in Urbana, Illinois
Wooded Land in Urbana, Illinois

Raintree Woods Drive lot: 9, Urbana, IL 61802

$99,900
1.00 AC lot

One acre of wooded land near Urbana, ideal for building.

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Land, Urbana, IL
Land, Urbana, IL

2305 Stricker Lane, Urbana, IL 61802

$105,000
0.35 AC lot

Land · 0.35 Acres

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Urbana Commercial Lot For Sale
Urbana Commercial Lot For Sale

2601 S High Cross Rd, Urbana, IL 61802

$750,000
6.53 AC lot

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

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Land, Urbana, IL
Land, Urbana, IL

3061 E Stone Creek Boulevard, Urbana, IL 61802

$115,000
0.57 AC lot

Land · 0.57 Acres

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Land, Urbana, IL
Land, Urbana, IL

3008 N Brickhouses Road, Urbana, IL 61802

$175,000
1.24 AC lot

Residential land & home lots · 1.24 Acres

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Urbana Pad Site For Sale
Urbana Pad Site For Sale

2002 E Windsor Rd, Urbana, IL 61802

$785,000
155 sqft

3.56 AC pad site in Southeast Urbana for development.

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Residential Lot Near University
Residential Lot Near University

1007 N Goodwin Avenue, Urbana, IL 61801

Contact for pricing
0.17 AC lot

Residential lot suitable for building a single-family home or duplex.

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Urbana Commercial Lot in Stone Creek
Urbana Commercial Lot in Stone Creek

2810 Boulder Dr, Urbana, IL 61802

$441,481
2.03 AC lot

2.03-acre commercial lot in southeast Urbana's Stone Creek Commons.

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Land, Urbana, IL
Land, Urbana, IL

2508 E Illinois Street, Urbana, IL 61802

Contact for pricing
0.16 AC lot

Land · 0.16 Acres

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Commercial Lot in Stone Creek
Commercial Lot in Stone Creek

2730 Philo Rd, Urbana, IL 61802

$351,965
1.01 AC lot

1.01-acre commercial lot in southeast Urbana.

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Urbana Homesite in Stone Creek
Urbana Homesite in Stone Creek

2814 Castlerock Drive lot: R129, Urbana, IL 61802

$99,000

0.46-acre homesite in Urbana's premier golf course community.

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Mixed-Use Property with Shop Area
Mixed-Use Property with Shop Area

507 Crystal Lake Dr, Urbana, IL 61802

$139,900

MULTI-zoned parcel includes an apartment and a separate shop area.

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Land, Urbana, IL
Land, Urbana, IL

2801 N Brickhouses Road, Urbana, IL 61802

$99,000
0.50 AC lot

Land · 0.50 Acres

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Urbana, IL Land Market Trends and Statistics

Explore 76 land for sale in Urbana, IL, showcased through 76 active listings on our real estate platform. These investment opportunities span a total of 4,902,448 square feet of properties for sale, with an estimated market value of $20,914,352.

Sale prices for lots in Urbana, IL start at $65,000, averaging $307,564, and reaching up to $2,654,894 — 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

Residential land & home lots 46
Commercial land 24
Waterfront Land 4
Agricultural land / Farmland 3
Industrial land 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
61802 $224.3K
61801 $643.2K

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 under-1-acre range.

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