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    Urbana, IL Office Spaces for Sale

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    Champaign, IL Savoy, IL East Peoria, IL Philo, IL Saint Joseph, IL Peoria, IL Tolono, IL Thomasboro, 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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    For-Sale Office Property
    Updated: May 8
    For-Sale Office Property

    507 S Broadway Avenue, Urbana, IL 61801

    $970,000
    0.46 AC lot
    Central air cooling with zoned system
    Built in 1972
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    Commercial Sale
    Commercial Sale

    1209 E Colorado Ave, Urbana, IL 61801

    $725,000
    4,312 sqft

    Medical Office Space · 4,312 SF

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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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    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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    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 5 Active listings in Urbana, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 2 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.

    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.

    View details
    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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    Flex Facility With Warehouse Space
    Flex Facility With Warehouse Space

    408 S Neil St, Champaign, IL 61820

    Contact for pricing
    17,170 sqft 1.36 AC lot

    Versatile commercial facility combining office accommodations with service-oriented warehouse and garage areas.

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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

    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.

    Prime Land Near University
    Prime Land Near University

    1301 N Lincoln Avenue, Urbana, IL 61801

    $1,200,000
    3.12 AC lot

    3.12-acre parcel near the University of Illinois.

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    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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    Commercial Land
    Commercial Land

    803 N Mattis Avenue, Champaign, IL 61821

    $465,000
    1.89 AC lot

    Commercial land within the Garden Hills TIF District near Parkland College and Kraft.

    View details
    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

    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.

    Urbana, IL Office Spaces Market Trends and Statistics

    Explore 7 office spaces for sale in Urbana, IL, showcased through 5 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 $2,540,000.

    Sale prices for office spaces in Urbana, IL start at $295,000, averaging $635,000, and reaching up to $970,000 — 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 $635K

    Taxes & Financing

    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Champaign County

    New Delisted

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