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Grocery-Anchored Shopping Center
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1813 S Philo Rd, Urbana, IL 61802

Grocery-anchored center with an outlot, inline retail, and two vacant suites, including dock-height and overhead receiving doors.

Property SizeContact for details
Days on Market121

Property Features for 1813 S Philo Rd

General Information

Standard status Active
Property subtype Retail
Listing Agency: Coldwell Banker Commercial Devonshire Realty
Listed By: Josh Markiewicz · License #IL
Source: Crexi
Added: Apr 11 Changed: Aug 8 Last Checked: Jul 22 at 1:38AM

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.

1813–1819 S Philo Road is a 62,124-square-foot shopping center built in 1992 with multiple income components and available space. The center includes a 1,050 SF outlot building occupied by Exotic’s Smoke & Vape, a 56,974 SF grocery store occupied by Salt & Light that can be delivered occupied or vacant, and inline retail occupied by First Wok (1,400 SF). There are also two vacant suites (1,300 SF and 1,400 SF). The grocery store portion is mostly wide open and supported by perimeter break room, offices, men’s and women’s restrooms, and storage areas.

The rear of the grocery building features one overhead door and three dock-height doors for shipping and receiving. The property is equipped with a fully automatic sprinkler system and includes pylon signage along Philo Road.

The shopping center benefits from full access from both Philo Road and Colorado Avenue and is located about one mile east of the University of Illinois at Urbana-Champaign campus, surrounded by a mix of retailers, office users, and residential buildings.

Key Highlights

  • 62,124 SF shopping center built in 1992 with a grocery anchor, inline retail, and an outlot building
  • 56,974 SF grocery store occupied by Salt & Light; can be delivered occupied or vacant
  • Rear of the building includes 3 dock‑height doors plus 1 overhead door for shipping and receiving

Property Analytics

Current Use

Shopping centers

Suggested Use

Top Pick Real Estate Agency Restaurant Building Supply Auto Repair Shop Law Firm Dental Office

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

473
Businesses Nearby
41k
Monthly Visits Nearby
Under-served
Demand for This Use

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

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
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Similar Off Market Nearby

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  • Coinstar Kiosk | Bitcoin ATM Kroger - Jay C Food Store, 566 W Lincoln Ave, Charleston, IL 61920

Frequently Asked Questions

What type of property is this?
Shopping center - Grocery-anchored center with an outlot, inline retail, and two vacant suites, including dock-height and overhead receiving doors.
Where is this shopping center located?
The property is located at 1813 S Philo Rd Urbana, IL.
What are key features of this property?
This property features: 62,124 SF shopping center built in 1992 with a grocery anchor, inline retail, and an outlot building; 56,974 SF grocery store occupied by Salt & Light; can be delivered occupied or vacant; Rear of the building includes 3 dock‑height doors plus 1 overhead door for shipping and receiving
(217) 403-3424 Call to check price and availability
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