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    Urbana, IL
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    Urbana, IL Office Buildings for Sale

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    Champaign, IL Savoy, IL East Peoria, IL Saint Joseph, IL Peoria, IL Tolono, IL Thomasboro, IL Mahomet, 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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    Commercial Sale
    Updated: Aug 6
    Commercial Sale

    1209 E Colorado Ave, Urbana, IL 61801

    $725,000
    4,312 sqft
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    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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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    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 10 Potential Opportunities for your consideration. Besides 4 Active listings in Urbana, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 2 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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    One-Story Office Building with Basement
    One-Story Office Building with Basement

    110 S Lombard St, Mahomet, IL 61853

    $429,900
    2,116 sqft

    Adaptable office property with a finished basement, attached garage, and multiple interior rooms for flexible workspace planning.

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    One-Story Office Building
    One-Story Office Building

    110 S Lombard Street, Mahomet, IL 61853

    $429,900
    0.36 AC lot

    One-story office property with flexible interior rooms, finished basement space, central air, and an attached garage.

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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.

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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 Land with Site Plans
    Commercial Land with Site Plans

    612 CLARENDON Court, Savoy, IL 61874

    $450,000
    1.97 AC lot

    Village-approved plans and concrete parking pads are already in place for future commercial development.

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    Neighborhood Commercial Land
    Neighborhood Commercial Land

    4202 Nicklaus Drive, Champaign, IL 61822

    $750,000
    1.92 AC lot

    Vacant commercial parcel suited to neighborhood-serving office, retail, and service uses.

    View details

    Urbana, IL Office Buildings Market Trends and Statistics

    Explore 4 office buildings for sale in Urbana, IL, showcased through 4 active listings on our real estate platform. These investment opportunities span a total of 13,563 square feet of properties for sale, with an estimated market value of $1,570,000.

    Sale prices for office properties in Urbana, IL start at $295,000, averaging $523,333, and reaching up to $725,000 — 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 buildings 7
    Medical Office Space 4
    Office Units 3

    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 $523.3K

    Taxes & Financing

    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Champaign County

    New Delisted

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