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    Mixed-Use

    Urbana, IL Mixed-use Properties for Sale

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    Champaign, IL Savoy, IL Philo, IL Saint Joseph, IL Tolono, IL Thomasboro, IL Mahomet, IL Seymour, IL
    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 Building with Office
    Updated: Oct 21
    Mixed-Use Building with Office

    117 N Broadway, Urbana, IL 61801

    $365,000
    0.05 AC lot
    First‑floor office space totals 1,600 feet
    Two second‑floor one‑bedroom apartments
    Two parking spaces behind the building
    B‑4 Central Business District and TIF district
    Built in 1920; central air conditioning
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    Mixed-Use Property with Shop Area
    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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    See hot listings in Urbana

    Scored against comparables nationwide. These are worth a look.

    Scored against comparables nationwide. These are worth a look.

    Cap Rate available after sign in
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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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    Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 4 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 Portfolio
    Historic Mixed-Use Portfolio

    101-105 W Sale St, Tuscola, IL 61953

    $750,000
    11,058 sqft

    Three downtown buildings combine restaurant operations, commercial space, and upper-level areas suited to residential conversion.

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    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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    Historic Mixed-Use Property
    Historic Mixed-Use Property

    101 W Sale St, Tuscola, IL 61953

    $400,000
    5,700 sqft

    Two-level commercial and residential asset with restaurant improvements, an apartment, and additional loft conversion space.

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    Historic Mixed-Use Building
    Historic Mixed-Use Building

    41 E. University Avenue, Champaign, IL 61820

    $3,850,000
    0.29 AC lot

    A 1913 property brings together retail, residential, and office areas with paved off-street parking.

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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

    Estimated value: by Request
    2,047 sqft
    View details

    Urbana, IL Mixed-Use Properties Market Trends and Statistics

    Explore 5 mixed-use properties for sale in Urbana, IL, showcased through 4 active listings on our real estate platform.

    Sale prices for multi use buildings in Urbana, IL start at $139,900, averaging $298,700, and reaching up to $550,000 — 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 $550K

    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.

    How Realmo verifies these figures

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