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    Urbana, IL
    Mixed-Use

    Urbana, IL Mixed-use Properties for Sale

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    Champaign, IL Savoy, IL East Peoria, IL Philo, IL Saint Joseph, IL Peoria, IL Tolono, IL Thomasboro, IL
    6 properties
    Assembled Mixed-Use Development Site
    Updated: Jun 29
    Assembled Mixed-Use Development Site

    507 Springfield Avenue, Urbana, IL 61801

    $550,000
    0.54 AC lot
    0.54‑acre assemblage combining 510 W Elm Street and 507 W Springfield Avenue
    0.41‑acre on‑grade parking lot zoned Mixed Office Residential (MOR)
    0.13‑acre parcel with an approximately 2,000‑square‑foot office building
    507 W Springfield Avenue is zoned B‑2 Neighborhood Business‑Arterial District
    Downtown Urbana location minutes from the University of Illinois campus
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    Mixed-Use Property with Shop Area
    Updated: Apr 9
    Mixed-Use Property with Shop Area

    507 Crystal Lake Drive, Urbana, IL 61802

    $139,900
    0.32 AC lot
    0.3236‑acre mixed‑use parcel at 507 Crystal Lake Drive, Urbana, IL 61802
    Remaining building includes an apartment and shop area
    Shop area includes space used for storage, shop work, and laundry facilities
    MULTI zoning
    Built in 1946
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    Renovated Mixed-Use Building with Retail
    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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    See what stands out in Champaign County

    We check every for-sale listing in the county against comparable properties across the country. Most price about where you would expect. A few are worth a second look.

    We check every listing here. A few are worth a second look.

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    Mixed-Use Property with Shop Area
    Mixed-Use Property with Shop Area

    507 Crystal Lake Dr, Urbana, IL 61802

    $139,900

    MULTI-zoned parcel includes an apartment and a separate shop area.

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    Corner Mixed-Use Property
    Corner Mixed-Use Property

    1002 W University Ave, Urbana, IL 61801

    Contact for pricing

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

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    Mixed-Use Portfolio with Retail Space
    Mixed-Use Portfolio with Retail Space

    211 W Springfield Ave, Urbana, IL 61801

    Contact for pricing

    Multi-building portfolio combines market-rate apartments with retail space.

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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 11 Potential Opportunities for your consideration. Besides 6 Active listings in Urbana, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 1 Off-Market properties to explore as potential leads

    Opportunities in Nearby Cities

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

    Historic Mixed-Use Office and Retail Building
    Historic Mixed-Use Office and Retail Building

    41 E. University Avenue, Champaign, IL 61820

    $3,850,000
    22,052 sqft

    Built in 1913, this historic downtown building combines retail, office, and residential space with off-street parking.

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    Mixed-Use Property with Showroom
    Mixed-Use Property with Showroom

    225 S Meyers St, Rantoul, IL 61866

    Contact for pricing
    16,000 sqft

    C-2 General zoning, hard-surfaced parking, offices, and loading access support a versatile commercial layout.

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    Historic Downtown Mixed-Use Building
    Historic Downtown Mixed-Use Building

    41 E. University Avenue, Champaign, IL 61820

    $3,850,000
    0.29 AC lot

    Standalone property combining office, retail, and residential space with paved off-street parking.

    View details
    Mixed-Use Property with Loading Dock
    Mixed-Use Property with Loading Dock

    508 EAGLE Drive, Rantoul, IL 61866

    Contact for pricing
    1.06 AC lot

    Two-building commercial property with fenced outdoor space, overhead-door access, and dedicated water-storage improvements.

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    Off-Market Properties in Urbana, IL

    Consider similar Off-Market properties in Urbana, IL. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    205 Park St
    Multifamily properties

    205 Park St, Urbana, IL 61801

    Value Estimation by Request
    2,047 sqft
    View details

    Urbana, IL Mixed-Use Properties Market Trends and Statistics

    Explore 7 mixed-use properties for sale in Urbana, IL, showcased through 6 active listings on our real estate platform. These investment opportunities span a total of 7,750 square feet of properties for sale, with an estimated market value of $1,824,800.

    Sale prices for multi use buildings in Urbana, IL start at $139,900, averaging $456,200, and reaching up to $995,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Demographics Overview

    Population 47K
    Population Growth (5Y) -5.1%
    Median Household Income $46,466
    College Educated 55.8%

    High-Yield Neighborhoods for Investment

    Identify Urbana submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    61802 $139.9K
    61801 $772.5K

    Taxes & Financing

    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Champaign County

    New Delisted

    Property Size Breakdown

    The majority of commercial real estate listings in Urbana fall within the 25,000 to 50,000 square foot range.

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    Most Searched ZIP Codes in Urbana, IL

    • 61801
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