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.

Urbana, IL Restaurants for Sale

Notify Me
List
Map
Remodeled Bar & Karaoke Venue
$970,000
8,800 SF

Remodeled Bar & Karaoke Venue

214 W Main St, Urbana, IL 61801

Turnkey bar and karaoke venue with leaseback opportunity.

  • Remodeled in 2014 with updated HVAC system and a new roof installed in June 2025.
  • Two‑story building with 8,800 sq ft of usable space (4,400 sq ft per floor).
  • Main level features a bar area, five karaoke rooms, full kitchen, and restrooms.
  • Second level has a separate entrance, bar area, private seating, restrooms, and seven private karaoke rooms.
  • Full basement includes a restroom, walk‑in cooler/freezer, office space, and additional storage.
View details
New Dutch Bros Drive-Thru
Contact for pricing
1,043 SF

New Dutch Bros Drive-Thru

809 W Green St, Urbana, IL 61801

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

  • Brand new, build‑to‑suit Dutch Bros with dual drive‑thru lanes and a walk‑up window, expected to open in 4Q25.
  • Located adjacent to the University of Illinois, a top public university with over 59,000 students.
  • Long‑term (15‑year) corporate lease with 10% rental increases every 5 years and multiple renewal options.
  • Absolute NNN lease structure provides zero landlord responsibilities, ideal for passive or out‑of‑state investors.
  • Fee simple ownership of land and building.
View details
Boomerangs Bar & Grill Building
$450,000
4,563 SF

Boomerangs Bar & Grill Building

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

1309 E Washington St, Urbana, IL 61802
View details
Urbana Commercial Building For Sale
$515,000
0.06 Acres

Urbana Commercial Building For Sale

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

114 S Race 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 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
Downtown Champaign Mixed-Use Building
$1,250,000
5,865 SF

Downtown Champaign Mixed-Use Building

Prime mixed-use property in downtown Champaign with rental income.

320 N Neil St, Champaign, IL 61820
View details
Savoy Restaurant Opportunity For Sale
$899,000
1,200 SF

Savoy Restaurant Opportunity For Sale

Turnkey restaurant property in a thriving Central Illinois business district.

405 South Dunlap Ave, Savoy, IL 61874
View details
Savoy, IL Commercial Space
$1,850,000
3,365 SF

Savoy, IL Commercial Space

Prime commercial space in a thriving Savoy location!

501 Commerce Dr, Savoy, IL 61874
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 25,382 square feet of properties for sale, with an estimated market value of $965,000.

Sale 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 stay ahead with the latest data and market trends.

List
Map