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Urbana Office Building For Sale
For Sale
$295,000

1405 E Florida, Urbana, IL 61801

Office building for sale in Urbana's South end.

Property SizeContact for details
Days on Market168

Property Features for 1405 E Florida

General Information

Standard status Active
Property subtype Office
Listing Agency: Coldwell Banker Commercial Devonshire Realty
Listed By: Aj Thoma III, CCIM, SIOR · License #476
Source: Cbcworldwide
Added: Mar 5 Changed: Jul 6 Last Checked: Apr 9 at 9:00PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Coldwell Banker Commercial Devonshire Realty

Investment Insights

Based on property information with market context.

This office building is located at 1405 E. Florida Avenue in Urbana, Illinois. Situated in Urbana’s South end, the property benefits from its proximity to the Philo Road Business District. The surrounding area includes a mix of retailers, professional offices, and residential and multi-family residences. In addition to the on-site parking, there is abundant parking available in the immediate area.

Key Highlights

  • Located in Urbana's South end near the Philo Road Business District.
  • Mix of retailers, professional offices, and residential/multi‑family residences in the surrounding area.
  • On‑site parking available.**

Property Analytics

Current Use

Grant Scofield - State ... Insurance Agency Tom Hancock - State ... Insurance Agency State Farm Insurance Insurance Agency Logistic Natural Hair ... Hair Salon

Suggested Use

Top Pick Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Auto Repair Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

500
Businesses Nearby

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 Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Office building - Office building for sale in Urbana's South end.
Where is this office building located?
The property is located at 1405 E Florida Urbana, IL.
What is the asking price?
The asking price for this property is $295,000.
What are key features of this property?
This property features: Located in Urbana's South end near the Philo Road Business District.; Mix of retailers, professional offices, and residential/multi‑family residences in the surrounding area.; On‑site parking available.**
More about this property
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