Urbana, IL Mixed-use properties for Rent & Lease

Updated: Jul 28

Ground-Floor Mixed-Use Space

700 South Gregory Street, Urbana, IL 61801

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1,273 sqft

1,273 SF ground‑floor commercial space
Directly across from the Krannert Center for the Performing Arts
Located at 700 South Gregory Street, Urbana, IL 61801
Nearby student housing, university faculty, and arts patrons
Suitable for boutique retail, specialty cafe, service, or quick‑service restaurant

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Based on your search, we've compiled 10 Potential Opportunities for your consideration. Besides 1 Active listings in Urbana, IL, we suggest exploring alternatives. Consider Similar 4 Spaces in Nearby Cities, and Similar 5 Properties for Sales.

Mixed-use properties for Lease in Nearby Cities

Here are 4 Similar Spaces we found in Nearby Locations for your consideration.

Class A Mixed-Use Development

608 E University Ave, Champaign, IL 61822

$16 SF/Yr

3,370 sqft

Retail/restaurant/office space available in Champaign near University of Illinois.

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High-Visibility Commercial Space in Champaign

309 S Neil St, Champaign, IL 61820

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Versatile commercial space with high visibility and tech-ready infrastructure.

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Three-Story Mixed-Use Building

208-210 North Center Street, Bloomington, IL 61701

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Downtown building with a commercial first floor, unfinished upper levels, and a basement undergoing renovations.

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Mixed-Use Building with Retail

507 N Center St, Bloomington, IL 61701

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Multi-tenant property combines ground-floor retail with apartments above in a compact downtown configuration.

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Similar Spaces for Sale in Urbana, IL

Consider Similar Space for Sale. We found 5 Spaces matching your search parameters.

Brick Mixed-Use Property

129 N Race Street, Urbana, IL 61801

$950,000

5,561 sqft 0.61 AC lot

Two-building commercial property with a remodeled ground floor, office space, event areas, and rear outdoor access.

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Assembled Mixed-Use Development Site

507 Springfield Avenue, Urbana, IL 61801

$550,000

0.54 AC lot

Two parcels combine an office building, on-grade parking, and zoning supporting residential and commercial development.

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Renovated Mixed-Use Building with Retail

218 W Main Street, Urbana, IL 61801

$995,000

7,750 sqft

Historic Stephen's Building offers two leased ground-floor retail spaces and four fully renovated apartments.

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Mixed-Use Property with Shop Area

507 Crystal Lake Drive, Urbana, IL 61802

$139,900

0.32 AC lot

Existing improvements combine an apartment with a dedicated shop area.

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Corner Mixed-Use Property

1002 W University Ave, Urbana, IL 61801

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The property sits near the University of Illinois campus and Carle Hospital.

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Urbana, IL Mixed-use properties Lease Rates & Market Statistics

Browse 1 Mixed-use properties listing for lease in Urbana, IL on Realmo, a commercial real estate marketplace serving the Urbana area. The current inventory totals 1,273 square feet of properties.

Urbana accounts for 33% of the 3 mixed-use properties currently available across Champaign County, where a nearby market includes Champaign.

Urbana, IL Mixed-use Properties for Lease

700 South Gregory Street, Urbana, IL 61801