Multi-Tenant Shopping
For Sale
Contact for pricing
1803-1809 Philo Rd, Urbana, IL 61802
B-3-zoned retail center with a vacant junior-box space within a multi-tenant configuration.
Property Size25,576 SF
Lot Size1.22 Acres
Price / SF$40
Days on Market57
Property Features for 1803-1809 Philo Rd
General Information
Standard status
Active
Size
25,576 SF
Lot size
1.22 Acres
Property subtype
Retail
Zoning
B-3
Investment Type
Value Add
Building Details
Year Built
1965
Tenancy
Multi
Listing Agency:
Colliers - Rosemont, Illinois
(847) 384-2840
Listed By:
Peter Block · License #471002226
Source:
Crexi
Added: Jul 6
Changed: Aug 31
Last Checked: Aug 31 at 2:45AM
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 Colliers - Rosemont, Illinois
Investment Insights
Based on property information with market context.
This multi-tenant shopping center encompasses 25,576 square feet on approximately 1.22 acres. The property includes a 13,332-square-foot vacant Planet Fitness junior-box space, providing a substantial component within the existing retail configuration. Originally constructed in 1965, the center is zoned B-3.
Located at 1803-1809 Philo Rd in Urbana, the property occupies the Philo Road retail corridor and is approximately two miles from the University of Illinois campus. Its layout combines the larger vacant space with additional retail area in a multi-tenant center.
Located at 1803-1809 Philo Rd in Urbana, the property occupies the Philo Road retail corridor and is approximately two miles from the University of Illinois campus. Its layout combines the larger vacant space with additional retail area in a multi-tenant center.
Key Highlights
- 25,576 SF multi‑tenant shopping center
- 13,332 SF vacant Planet Fitness junior‑box space
- Approximately 1.22‑acre site
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
473
Businesses Nearby
41k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 49%
Dining 46%
Electronics 5%
McDonald's
Dining
15,593 visits/mo
0.2 miles
Dollar Tree
Shops & Services
8,900 visits/mo
0.1 miles
Marathon
Shops & Services
6,061 visits/mo
0.2 miles
BP
Shops & Services
4,309 visits/mo
0.1 miles
Papa John's Pizza
Dining
2,200 visits/mo
0.2 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
Market
Vacancy Rate% for Retail in Midwest region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- Southgate Shopping — 2010 Philo Rd, Urbana, IL 61802
- Coinstar Kiosk | Bitcoin ATM — Kroger - Jay C Food Store, 566 W Lincoln Ave, Charleston, IL 61920
- Southgate Plaza — 2012 Philo Rd, Urbana, IL 61802
- Sunnycrest Center — 1717 Philo Rd #16, Urbana, IL 61802
Frequently Asked Questions
What type of property is this?
Shopping center - B-3-zoned retail center with a vacant junior-box space within a multi-tenant configuration.
Where is this shopping center located?
The property is located at 1803-1809 Philo Rd Urbana, IL.
What is the asking price?
The asking price for this property is $1,023,040.
What are key features of this property?
This property features: 25,576 SF multi‑tenant shopping center; 13,332 SF vacant Planet Fitness junior‑box space; Approximately 1.22‑acre site
