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    Urbana, IL
    Mixed-Use

    Urbana, IL Mixed-use Properties for Sale

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    Champaign, IL Savoy, IL Philo, IL Bondville, IL Saint Joseph, IL Tolono, IL Sidney, IL Thomasboro, IL
    Mixed-Use Building with Retail
    Updated: Sep 10, 2025
    Mixed-Use Building with Retail

    218 West Main Street, Urbana, IL 61801

    $1,095,000
    5,061 sqft
    Historic downtown Urbana, IL "Stephen's Building" built in 1900 with fully renovated interior and mixed‑use income potential
    Two leased ground‑floor commercial spaces: 2,375 SF Westside suite ($2,400/mo) plus 1,500 SF East suite ($1,326/mo)
    Upstairs features four fully renovated 2 bed/2 bath apartments, each with stainless appliances, hardwood and tile flooring, and stacked laundry
    Total residential rental income over $5,869/mo from the four apartments; commercial spaces are currently leased
    Historic brick and original features preserved, plus industrial‑style exposed HVAC throughout
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    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 10 Potential Opportunities for your consideration. Besides 1 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, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

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

    Mixed-Use Downtown Office/Retail
    Mixed-Use Downtown Office/Retail

    146 N Vermilion St, Danville, IL 61832

    $120,000
    4,800 sqft

    Two buildings under one roof offer flexible office and retail configurations plus shared parking and storage.

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    Downtown Champaign Mixed-Use Building
    Downtown Champaign Mixed-Use Building

    320 N Neil Street, Champaign, IL 61820

    $1,250,000
    5,865 sqft 0.08 AC lot

    Prime mixed-use property in downtown Champaign with rental income.

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    Mixed-Use Property with Income Potential
    Mixed-Use Property with Income Potential

    110 N Vermilion St, Danville, IL 61832

    $149,900
    5,726 sqft 0.18 AC lot

    Commercial property with business and residential income potential in Danville.

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    1913 Historic Mixed-Use Building
    1913 Historic Mixed-Use Building

    41 E. University Avenue, Champaign, IL 61820

    $3,850,000
    0.29 AC lot

    Built in 1913 with large windows and includes off-street parking plus ground-floor retail alongside office and residential space.

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    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Glen Avenue Commercial Development Opportunity
    Glen Avenue Commercial Development Opportunity

    1105 W Glen Ave, Peoria, IL 61614

    $275,000
    0.80 AC lot

    Prime commercial land for development in Peoria's retail corridor.

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    Prime Commercial Land Opportunity
    Prime Commercial Land Opportunity

    8215 N ALLEN Road, Peoria, IL 61615

    $1,300,000
    2.92 AC lot

    3-acre commercial land in high-traffic Peoria area.

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    Cedar Lake B1-Zoned Lot
    Cedar Lake B1-Zoned Lot

    13405 Morse Street, Cedar Lake, IN 46303

    $279,000
    0.88 AC lot

    Versatile 0.88-acre lot in high-traffic Cedar Lake location.

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    Frankfort Land for Mixed-Use Development
    Frankfort Land for Mixed-Use Development

    795 Center Road, Frankfort, IL 60423

    Contact for pricing
    11.00 AC lot

    Approximately 11 acres of land for mixed-use development.

    View details

    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 2 mixed-use properties for sale in Urbana, IL on our real estate platform. These investment opportunities span a total of 5,061 square feet of properties for sale, with an estimated market value of $1,095,000.

    Sale prices for multi use buildings in Urbana, IL start at $1,095,000, averaging $1,095,000, and reaching up to $1,095,000 — 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%

    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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