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    Urbana, IL
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    Urbana, IL Restaurants for Lease

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    Champaign, IL Savoy, IL Mahomet, IL
    Former Pharmacy with Drive-Thru
    Updated: Aug 25, 2025
    Former Pharmacy with Drive-Thru

    1504 E Colorado Ave, Urbana, IL

    $10 SF/Yr
    16,658 sqft · $13,881/Mo
    16,000 sq ft freestanding building suitable for retail or medical use
    Functional drive‑thru pharmacy lane
    77 dedicated parking spaces
    Located on 1.35 acres (two parcels)
    Dual ingress/egress for easy access
    View details
    Move-In Ready Urbana Retail/Office Space
    Updated: Jul 18, 2024
    Move-In Ready Urbana Retail/Office Space

    2740 S Philo Rd, Urbana, IL 61802

    $16 SF/Yr
    1,625 sqft · $2,166/Mo
    High‑traffic location at the intersection of Windsor and Philo Roads with excellent visibility facing Windsor Road.
    Move‑in ready 1,625 sq ft endcap suite suitable for retail or office use.
    Surrounded by major traffic‑driving shadow anchors: Meijer, Christie Clinic, Carle Clinic, and Little Hearts and Hands.
    Existing kitchen infrastructure including sinks and space for an exhaust hood.
    Property owner can add a drive‑through/pick‑up lane.
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    Retail Space Inside Meijer Store
    Retail Space Inside Meijer Store

    2500 Philo Rd, Urbana, IL 61802

    Contact for pricing

    Prime retail opportunity with high visibility and customer traffic.

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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 13 Potential Opportunities for your consideration. Besides 3 Active listings in Urbana, IL, we suggest exploring alternatives. Consider Similar 4 Spaces in Nearby Cities, and Similar 2 Properties for Sales.

    Restaurants for Lease in Nearby Cities

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

    New Construction Retail/Office Space
    New Construction Retail/Office Space

    1000 Purnell Dr, Mahomet, IL

    $27 SF/Yr
    2,000 sqft · $4,500/Mo

    2,000 SF space with drive-thru, high visibility, easy access.

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    New Commercial Space For Lease
    New Commercial Space For Lease

    1002 Purnell Dr, Mahomet IL 61853, Mahomet, IL 61853

    Contact for pricing
    2,000 sqft

    Prime new construction commercial space with high visibility and drive-thru.

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    Downtown Retail Space with Large Windows
    Downtown Retail Space with Large Windows

    41 E University Avenue, Champaign, IL 61821

    Contact for pricing

    First-floor suite with large windows, reception, multiple rooms, and kitchen, suitable for retail, restaurant, or business use.

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    Former Illinois National Guard Armory
    Former Illinois National Guard Armory

    109 E Park St, Champaign, IL 61820

    Contact for pricing

    Champaign armory available for rent in 2026.

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    Similar Spaces for Sale in Urbana, IL

    Consider Similar Space for Sale. We found 2 Spaces matching your search parameters.

    Remodeled Bar & Karaoke Venue
    Remodeled Bar & Karaoke Venue

    214 W Main St, Urbana, IL

    $970,000
    8,800 sqft · 0.11 AC lot

    Turnkey bar and karaoke venue with leaseback opportunity.

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    Downtown Urbana Commercial Building
    Downtown Urbana Commercial Building

    114 S Race, Urbana, IL 61801

    $475,000
    0.06 AC lot

    Two-story commercial building with first-floor restaurant in downtown Urbana.

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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 Near Walmart
    Commercial Land Near Walmart

    E Bill Farr Drive, Terre Haute, IN 47803

    $1,000/Mo

    Commercial land available for rent near Walmart in Terre Haute.

    View details
    Plainfield Commercial Land For Rent
    Plainfield Commercial Land For Rent

    SW corner of Rte 59 & Fraser Road, Plainfield, IL 60586

    Contact for pricing

    6.491 acre commercial land available for rent in Plainfield, IL.

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    Vacant Commercial Land with I-44 Access
    Vacant Commercial Land with I-44 Access

    800 S Highway, Fenton, MO 63026

    $225,000 SF/Yr

    Vacant acreage on I-44 with visibility and access, positioned near restaurants, hotels, and the Amazon warehouse area.

    View details
    Commercial Land Corner Lot
    Commercial Land Corner Lot

    2459 S Dixie Boulevard, Radcliff, KY 40160

    $4,889/Mo

    Commercial corner lot with utilities available and paved road access for development in South Radcliff.

    View details

    Urbana, IL Restaurants Market Trends and Statistics

    Explore Restaurants leasing options in Urbana, IL with 3 listings featured on our commercial real estate exchange. The current inventory includes 18,283 square feet of properties with an estimated lease value of $26 SF/Yr.

    Estimated lease rates for Restaurants in Urbana, IL begin at $10 SF/Yr, with an average of $13 SF/Yr and extend to $16 SF/Yr.
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