Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Restaurants
    1
    • Retail
    • Office
    • Residential Income
    • Restaurants
    • Industrial
    • Mixed-Use
    • Hospitality
    • Health Care
    • Sports & Entertainment
    • Land
    • Agricultural
    • Specialty
    Price
    Price range
    $
    $
    Size
    Property size / sq.ft.
    AI Search

    Urbana, IL Restaurants for Sale

    Notify Me
    List
    Map
    Downtown Urbana Commercial Building For Sale
    $515,000
    0.06 Acres

    Downtown Urbana Commercial Building For Sale

    114 S Race St, Urbana, IL 61801

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

    • Prime downtown Urbana location.
    • Existing first‑floor restaurant generating $3,500/month rental income.
    • Unfinished second floor offers 'value add' opportunity for conversion.
    • Low tax assessment.
    • New live music venue opening adjacent in Fall 2026.
    Updated: Oct 2, 2025
    View details
    Boomerangs Bar & Grill Building
    $450,000
    0.52 Acres

    Boomerangs Bar & Grill Building

    1309 E Washington St, Urbana, IL 61802

    Well-known bar and grill with potential for new owners.

    • 3,024 sq ft restaurant space with existing bar & grill setup.
    • Includes 6 gaming machines.
    • Features a dedicated live music space.
    • Offers a desirable outdoor patio area.
    • Additional 1,539 sq ft in 3 garage bays for flexible use (seating/rental).
    Updated: Dec 16, 2025
    View details
    Remodeled Bar & Karaoke Venue
    $970,000
    8,800 SF

    Remodeled Bar & Karaoke Venue

    Turnkey bar and karaoke venue with leaseback opportunity.

    214 W Main St, Urbana, IL 61801
    View details
    New Dutch Bros Drive-Thru
    Contact for pricing
    1,043 SF

    New Dutch Bros Drive-Thru

    Brand new Dutch Bros with drive-thru near University of Illinois.

    809 W Green St, Urbana, IL 61801
    View details
    Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 4 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

    Explore Opportunities in Nearby Cities

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

    Versatile Multi-Tenant Investment Opportunity
    $3,000,000
    0.21 Acres

    Versatile Multi-Tenant Investment Opportunity

    3,600 SF multi-tenant building in Champaign, Illinois for sale.

    505 E University Ave, Champaign, IL 61820
    View details
    Versatile Multi-Tenant Building For Sale
    $3,000,000
    3 SF

    Versatile Multi-Tenant Building For Sale

    3,600 SF multi-tenant building with diverse tenant mix.

    505-507 E University Ave, Champaign, IL 61820
    View details
    Camargo Commercial Property - $255,000
    $255,000
    4,193 SF

    Camargo Commercial Property - $255,000

    Mixed-use building, high potential.

    1500 Us-36, Camargo, IL 61919
    View details
    Commercial Property on US 36
    $199,900
    1.68 Acres

    Commercial Property on US 36

    Located on US 36, great potential for various businesses.

    1500 E Us Highway 36, Camargo, IL 61919
    View details

    Explore 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.

    2740 Philo Rd

    2740 Philo Rd

    Restaurants
    Value Estimation by Request
    2740 Philo Rd, Urbana, IL 61801
    View details

    Urbana, IL Restaurants Investment Opportunities Market Analysis

    Explore 5 restaurants for sale in Urbana, IL, showcased through 4 active listings on our real estate platform. These investment opportunities span a total of 25,265 square feet of properties for sale, with an estimated market value of $965,000.

    Prices for restaurant properties in Urbana, IL start at $450,000, averaging $482,500, and reaching up to $515,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you have the most current data.

    List
    Map

    Browse Restaurants for Sale Near Urbana, IL

    Popular Searches in Urbana, IL

    Popular Categories

    Most Searched ZIP Codes in Urbana, IL

    • 61801
    • 61802

    Select Neighborhood

    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.