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Retail Building with Drive-Through

1708 PHILO RD, Urbana, IL 61802

For Sale
Contact for pricing

The property sits among established residential areas and off-campus student housing in southeast Urbana.

Property SizeContact for details
Days on Market47

Property Features for 1708 PHILO RD

General Information

Standard status Active
Property subtype Retail

Additional Details

Drive-Thru Yes
Listing Agency: Citadel Property Advisors
Listed By: Brenton Schrader · License IL #471021025
Source: Crexi
Added: Sep 29 Changed: Nov 8 Last Checked: Nov 12 at 8:19AM

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 Citadel Property Advisors

Rey
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Investment Insights

Based on property information with market context.

This retail property is an existing restaurant building equipped with a drive-through. Its site configuration supports the property's current format and provides flexibility for other commercial uses.

The property is in southeast Urbana, near the University of Illinois and Carle Foundation Hospital. Surrounding context includes established residential neighborhoods and off-campus student housing, as well as Meijer, Walmart Supercenter, Planet Fitness, Dollar Tree and McDonald’s.

Key Highlights

  • Existing restaurant building with drive‑through
  • Near the University of Illinois and Carle Foundation Hospital
  • Surrounded by established residential neighborhoods and off‑campus student housing

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Burger King Restaurant

Suggested Use

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

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

472
Businesses Nearby
44k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 53% Dining 43% Electronics 4%
McDonald's Dining
15,593 visits/mo 0.1 miles
Dollar Tree Shops & Services
8,900 visits/mo 0.3 miles
Marathon Shops & Services
6,061 visits/mo 0.1 miles
BP Shops & Services
4,309 visits/mo 0.2 miles
Family Dollar Shops & Services
3,041 visits/mo 0.5 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
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Market

Properties on Market for Retail space in Champaign County

Jul
Aug
Sep
Oct

Vacancy Rate% for Retail in Midwest region

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

Frequently Asked Questions

What type of property is this?
Retail space - The property sits among established residential areas and off-campus student housing in southeast Urbana.
Where is this retail space located?
The property is located at 1708 PHILO RD Urbana, IL.
What are key features of this property?
This property features: Existing restaurant building with drive‑through; Near the University of Illinois and Carle Foundation Hospital; Surrounded by established residential neighborhoods and off‑campus student housing
(312) 458-4392 · Office Call to check price and availability
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