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Fully Leased Shopping Center
New
For Sale
$3,483,494

1502 N Cunningham Ave, Urbana, IL 61802

Occupied retail center anchored by Harbor Freight Tools and Dollar General.

Property SizeContact for details
Days on Market3

Property Features for 1502 N Cunningham Ave

General Information

Standard status Active
Property subtype Retail
Occupancy 100%

Additional Details

Anchor Co-Tenants Harbor Freight Tools, Dollar General

Building Details

Tenancy Multi
Listing Agency: Chicago - Rosemont
Listed By: Zach Ofner · License #475.209026
Source: Colliers
Added: Sep 15 Last Checked: Sep 16 at 12:17PM

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 Chicago - Rosemont

Investment Insights

Based on property information with market context.

This shopping center at 1502 N Cunningham Ave in Urbana, Illinois, is fully leased and anchored by Harbor Freight Tools and Dollar General. The tenant roster includes service-oriented retail users, providing a mix of established national brands and local commercial activity.

A newly executed lease with a multi-unit liquor operator serving Central Illinois adds another established occupant to the center. The property is offered for sale as a stabilized retail asset with current occupancy and a diversified tenant lineup.

Key Highlights

  • 100% leased shopping center at 1502 N Cunningham Ave, Urbana, IL 61802
  • National anchor tenants include Harbor Freight Tools and Dollar General
  • Service‑oriented tenant mix supports diversified retail occupancy

Property Analytics

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Current Use

Metro by T-Mobile Telecommunications Service Urbana Boulders Gym & Fitness Center Urban Beauty & Fashion (Bike/Boat/Book/etc) Store T J's Laundry ... (Bike/Boat/Book/etc) Store R & R’s Commercial ... (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Real Estate Agency Kitchen & Bath Showroom Building Supply Gym & Fitness Center Furniture & Home Goods Parking Lot & Garage

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

Lease Details

100%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

351
Businesses Nearby
77k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 50% Dining 37% Home Improvements & Furnishings 10% Hotels & Casinos 3%
Cracker Barrel Old Country Store Dining
23,787 visits/mo 0.5 miles
Circle K Shops & Services
22,427 visits/mo 0.2 miles
Dollar General Shops & Services
7,760 visits/mo 0.0 miles
Harbor Freight Tools Home Improvements & Furnishings
7,487 visits/mo 0.1 miles
Shell Shops & Services
5,777 visits/mo 0.3 miles

Demographics for 61802, IL

19,460
Population
10,066
Households
1.9
Avg Household Size
39
Median Age
38%
College-Educated
92%
High-School Grad
82.1 sq mi
ZIP Area
237
Density / Sq Mi
$58,588
Median Household Income
$40,600
Median Earnings
$996
Median Rent
$158,300
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
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Frequently Asked Questions

What type of property is this?
Shopping center - Occupied retail center anchored by Harbor Freight Tools and Dollar General.
Where is this shopping center located?
The property is located at 1502 N Cunningham Ave Urbana, IL.
What is the asking price?
The asking price for this property is $3,483,494.
What are key features of this property?
This property features: 100% leased shopping center at 1502 N Cunningham Ave, Urbana, IL 61802; National anchor tenants include Harbor Freight Tools and Dollar General; Service‑oriented tenant mix supports diversified retail occupancy
More about this property
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