Renovated Downtown
For Sale
Under Contract
$459,900
110 W Main Street, Urbana, IL 61801
Commercial Sale, Urbana, IL
Property Size7,560 SF
Price / SF$60.83
Days on Market346
Property Features for 110 W Main Street
General Information
Property type
Commercial Sale
Property subtype
Retail
Zoning
RTAIL
Directions
Off the corner of Main and Broadway kitty corner from the Courthouse.
Subdivision
Urbana
Standard status
Active Under Contract
APN
922117202023
Taxes and HOA fees
Tax Year
2024
Tax Description
MAIN STREET CONDO.
Tax Annual Amount
15241
Legal Description
MAIN STREET CONDO.
Utilities
Cooling system
Central Air
Building Details
Year built
1870
Floors in Building
2
Listing Agency:
KELLER WILLIAMS-TREC · Keller Williams Realty
(217) 356-6100
Listed By:
Mark Panno · License #475164947
(217) 356-6100
Added: Sep 18, 2025
Changed: Aug 20
Last Checked: Aug 29 at 12:06AM
MLS# 12472502
Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This retail condominium occupies a historic building constructed in 1870 and renovated between 2015 and 2017. The first floor provides 2,280 square feet with hardwood flooring, high ceilings, and broad south-facing storefront windows that bring natural light into the space. A 5,280-square-foot basement adds substantial supporting area, while central air serves the property.
Located on W Main Street in downtown Urbana, the property is configured for a range of commercial applications identified in the listing, including retail, office, medical or dental office, restaurant, art studio, spa, grocery, dry cleaning, and fitness uses.
Located on W Main Street in downtown Urbana, the property is configured for a range of commercial applications identified in the listing, including retail, office, medical or dental office, restaurant, art studio, spa, grocery, dry cleaning, and fitness uses.
Key Highlights
- 2,280‑square‑foot first floor with hardwood flooring and high ceilings
- 5,280‑square‑foot basement provides substantial additional space
- Renovated between 2015‑2017
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
2,208
Businesses Nearby
178k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 76%
Shops & Services 21%
Electronics 1%
Beauty & Spa 1%
McDonald's
Dining
33,155 visits/mo
0.5 miles
Culver's
Dining
21,130 visits/mo
0.3 miles
Starbucks
Dining
16,341 visits/mo
0.2 miles
Wendy's
Dining
15,665 visits/mo
0.4 miles
Panda Express
Dining
15,418 visits/mo
0.3 miles
Demographics for 61801, IL
27,658
Population
13,468
Households
2.1
Avg Household Size
26
Median Age
65%
College-Educated
98%
High-School Grad
5.4 sq mi
ZIP Area
5,122
Density / Sq Mi
$37,948
Median Household Income
$26,394
Median Earnings
$950
Median Rent
$184,000
Median Home Value
Market
Vacancy Rate% for Retail in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Storefront property - Retail condominium offers hardwood flooring, high ceilings, and south-facing storefront windows.
Where is this storefront property located?
The property is located at 110 W Main Street Urbana, IL.
What is the asking price?
The asking price for this property is $459,900.
What are key features of this property?
This property features: 2,280‑square‑foot first floor with hardwood flooring and high ceilings; 5,280‑square‑foot basement provides substantial additional space; Renovated between 2015‑2017
