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    Urbana, IL Office Buildings for Sale

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    Champaign, IL Savoy, IL East Peoria, IL Philo, IL Peoria, IL Tolono, IL Saint Joseph, IL Sidney, IL
    7 properties
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    Assembled Commercial Land
    Updated: Jun 29
    Assembled Commercial Land

    507 Springfield Avenue, Urbana, IL 61801

    $550,000
    0.54 AC lot
    0.54‑acre assemblage comprising 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
    Office building constructed in 1965 with central air
    507 Springfield Avenue carries B‑2 Neighborhood Business‑Arterial District zoning
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    Multi-Tenant Administrative Office Campus
    Updated: Jan 2
    Multi-Tenant Administrative Office Campus

    1776 E Washington St, Urbana, IL 61802

    $3,400,000
    93,000 sqft 20.00 AC lot
    Brookens Administrative Center is a multi‑tenant office campus offering approximately 93,000 SF adaptable for multiple uses.
    Remodeled from institutional administrative use with an adaptable layout originally designed for institutional use.
    Set on an approximately 20‑acre site, providing a large‑scale campus setting.
    Historically served as administrative space for a mix of county departments and community‑serving agencies.
    Building is suited for centralized headquarters, education/training operations, healthcare or human‑services administration, or multi‑tenant office conversion.
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    Redevelopment Parcel Assemblage with Office
    Redevelopment Parcel Assemblage with Office

    507 West Springfield Avenue, Urbana, IL 61801

    $550,000
    23,320 sqft 0.54 AC lot

    Assembled parcels totaling 0.54 acres include a zoned office building and an on-grade parking lot.

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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Downtown Urbana Office/Warehouse Building
    Downtown Urbana Office/Warehouse Building

    508 S Broadway Ave Urbana IL, Urbana, IL 61801

    Contact for pricing
    9,251 sqft 0.63 AC lot

    Professional office building with warehouse space in downtown Urbana.

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    Professional Office Building For Sale
    Professional Office Building For Sale

    508 S Broadway Ave, Urbana, IL

    Contact for pricing
    9,251 sqft 0.63 AC lot

    Well-maintained 9,251 SF office building in downtown Urbana, Illinois.

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    One-Story Administrative and Classroom Building
    One-Story Administrative and Classroom Building

    205 N Race St, Urbana, IL 61801

    Contact for pricing
    21,783 sqft

    One-story building with partitioned offices, classrooms, and conference rooms, plus a partial basement and rear courtyard.

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    Urbana Office Building For Sale
    Urbana Office Building For Sale

    1405 E Florida, Urbana, IL 61801

    $295,000

    Office building for sale in Urbana's South end.

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    Based on your search, we've compiled 15 Potential Opportunities for your consideration. Besides 7 Active listings in Urbana, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, 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.

    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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    Office and Storage Flex Building
    Office and Storage Flex Building

    810 S CENTURY Boulevard, Rantoul, IL 61866

    $185,000
    0.98 AC lot

    Office and storage layout includes central air and heating, basement, and a hard-surface parking area on landscaped grounds.

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    Historic Mixed-Use Building With Central Air
    Historic Mixed-Use Building With Central Air

    41 E. University Avenue, Champaign, IL 61820

    $3,850,000
    0.29 AC lot

    Historic mixed-use building on a 0.2883-acre lot with central air cooling, off-street parking, and COMMR zoning.

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    Two-Story Insurance Office Building
    Two-Story Insurance Office Building

    506 East Champaign Avenue, Rantoul, IL 61866

    Contact for pricing

    Two-story office building with 6 offices, conference room, and reception area, plus 8–10 paved parking spaces.

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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.

    Commercial Development Land Parcel
    Commercial Development Land Parcel

    612 CLARENDON Court, Savoy, IL 61874

    $450,000
    1.97 AC lot

    1.97-acre commercial land parcel in Savoy, zoned for commercial uses, with concrete parking pads and village-approved site plans.

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    Champaign Commercial Land For Sale
    Champaign Commercial Land For Sale

    4202 Nicklaus Drive, Champaign, IL 61822

    $750,000
    1.92 AC lot

    1.92-acre commercial lot in desirable Champaign location.

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    Commercial Lot in Growing Community
    Commercial Lot in Growing Community

    Le Roy, IL 61752

    $76,250
    0.70 AC lot

    Commercial lot in LeRoy, IL, near Interstate 74.

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    Commercial Lot in Growing Community
    Commercial Lot in Growing Community

    Le Roy, IL 61752

    $127,200
    1.46 AC lot

    Commercial lot in LeRoy, IL, near Interstate 74.

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    Urbana, IL Office Buildings Market Trends and Statistics

    Explore 7 office buildings for sale in Urbana, IL, showcased through 7 active listings on our real estate platform. These investment opportunities span a total of 156,605 square feet of properties for sale, with an estimated market value of $4,795,000.

    Sale prices for office properties in Urbana, IL start at $295,000, averaging $1,198,750, and reaching up to $3,400,000 — 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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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Office Units 16
    Office buildings 8
    Medical Office Space 2

    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
    61801 $465K
    61802 $3.5M

    Taxes & Financing

    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Champaign County

    New Delisted

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