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    Urbana Commercial Property For Sale
    Updated: Apr 14
    Urbana Commercial Property For Sale

    306 W Springfield Avenue W, Urbana, IL 61801

    $1,300,000
    10,000 sqft 0.61 AC lot
    Prime general commercial land location in the heart of Downtown Urbana, minutes from the University of Illinois Urbana‑Champaign.
    Significant price reduction from $2.5 million to $1.3 million, including the business name, fixtures, and inventory.
    Large, free‑standing property with nearly 10,000 square feet of modern, thoughtfully designed space on over three‑quarters of an acre.
    Fully equipped facility with expansive refrigeration, generous frozen storage, a full bakery and kitchen, and a cafe.
    Versatile space suitable for continuing its legacy as a market, reimagining it as a new concept, or transforming it into a multi‑tenant space.
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    This listing looks promising.

    Here's a quick look at some key insights for

    306 W Springfield Avenue W, Urbana, IL 61801

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    • Est. Cap Rate

      8.7%
      Above avg (5.9%)

    • Est. NOI

      $113K
      Annual

    • Mortgage

      $1M
      Jun 2015

    • Last Sold

      Jun 2015
      $970K
    View Property Analytics
    Renovated Commercial Property on Route 251
    Updated: Apr 30
    Renovated Commercial Property on Route 251

    1010 S Il Route 251, Rochelle, IL 61068

    $699,000
    2,500 sqft 2.50 AC lot
    High‑visibility location on Route 251 with 7,000+ vehicles passing daily, seconds from a major interstate.
    Turnkey, fully renovated 2,500 sq ft building suitable for office, showroom, or customer space.
    Newer 26x40 heated and insulated garage with hot/cold water, floor drains, and four overhead doors.
    2.5‑acre property with capacity for 80+ vehicles and professionally maintained asphalt parking lot.
    Updated exterior lighting (2022) and existing security cameras provide enhanced visibility and security.
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    Turnkey Auto Repair Shop
    Turnkey Auto Repair Shop

    18W325 Roosevelt Road, Oakbrook Terrace, IL 60181

    $1,895,000
    4,400 sqft 0.28 AC lot

    Established auto repair shop with high visibility and strong traffic.

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    Grocery Store and Home Opportunity
    Grocery Store and Home Opportunity

    272 W Irving Park Road, Wood Dale, IL 60191

    $1,499,000
    2,500 sqft 0.49 AC lot

    Grocery store, deli, and liquor store with adjacent home.

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    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
    Versatile Commercial Space on Corner
    Versatile Commercial Space on Corner

    6363 W Lincoln Highway, Matteson, IL 60443

    $515,000
    6,000 sqft 0.44 AC lot

    Adaptable commercial space with high visibility and accessibility.

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    Skokie Retail Plaza Opportunity
    Skokie Retail Plaza Opportunity

    3718-3724 Dempster Street, Skokie, IL 60076

    $799,000
    7,500 sqft 0.27 AC lot

    Six-unit retail plaza with upside potential in Skokie, Illinois.

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    Versatile Commercial Property in Apple River
    Versatile Commercial Property in Apple River

    300 W Hickory Street, Apple River, IL 61001

    $695,000
    10,381 sqft 0.80 AC lot

    Over 10,000 sq ft commercial property with multiple opportunities.

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    Retail and Warehouse Property
    Retail and Warehouse Property

    1856 E Broadway, Alton, IL 62002

    $550,000
    7,126 sqft 1.00 AC lot

    Mixed-use property includes retail storefront, warehouse space, and two-car garage on included land.

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    Commercial Redevelopment Land
    Commercial Redevelopment Land

    223 Hampshire, Quincy, IL 62301

    $549,000
    21,267 sqft 0.48 AC lot

    Downtown Quincy commercial site with private parking and a month-to-month gym tenant for redevelopment flexibility.

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    Commercial Building with Established Tenants
    Commercial Building with Established Tenants

    1205 S Mattis Avenue, Champaign, IL 61821

    $850,000
    6,200 sqft 0.55 AC lot

    6,200 SF commercial building with three tenants in place.

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    Aurora Commercial Property For Sale
    Aurora Commercial Property For Sale

    610 - 628 N Broadway, Aurora, IL 60505

    $2,400,000
    17,000 sqft 1.91 AC lot

    Three-parcel property with income potential in Aurora, Illinois.

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    Corner Development Site in Chicago
    Corner Development Site in Chicago

    7455 W Irving Park Road, Chicago, IL 60634

    $949,000
    4,055 sqft 0.16 AC lot

    High-visibility corner lot with development potential in Belmont Heights/Dunning.

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    Elgin Two-Story Commercial Building
    Elgin Two-Story Commercial Building

    20-24 Douglas Avenue, Elgin, IL 60120

    $895,000
    14,000 sqft 0.19 AC lot

    Two-story commercial building suitable for office, retail, or residential use.

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    Morton Grove Commercial Property
    Morton Grove Commercial Property

    6015-6049 Dempster Street, Morton Grove, IL 60053

    $1,949,000
    16,000 sqft 0.69 AC lot

    Income-producing commercial property in a high-traffic location.

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    Prime Retail Space in Chicago
    Prime Retail Space in Chicago

    4411 N Kedzie Avenue, Chicago, IL 60625

    $759,000
    5,000 sqft 0.14 AC lot

    Commercial property in a high-traffic retail district.

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    Skokie Commercial Building For Sale
    Skokie Commercial Building For Sale

    4123-4125 Oakton Street, Skokie, IL 60076

    $699,000
    4,900 sqft 0.15 AC lot

    Corner single-story building suitable for retail, office, showroom, medical use.

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    Retail Shopping Center Storefront Suites
    Retail Shopping Center Storefront Suites

    2950 N WATER Street, Decatur, IL 62526

    $1,200,000
    1.67 AC lot

    Multi-suite retail center offers storefront entries, rear service areas, and private restrooms for flexible retail or service use.

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    Established Commercial Property in Mount Carroll
    Established Commercial Property in Mount Carroll

    207 E Broadway Street, Mount Carroll, IL 61053

    $600,000
    14,452 sqft 0.75 AC lot

    Well-established commercial property with immense potential in a great location.

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    Downtown Elizabeth Commercial Building For Sale
    Downtown Elizabeth Commercial Building For Sale

    136 N Main Street, Elizabeth, IL 61028

    $235,000
    4,134 sqft 0.10 AC lot

    Spacious commercial building in downtown Elizabeth with retail and storage.

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    River Forest Commercial Retail Investment
    River Forest Commercial Retail Investment

    7361 North Avenue, River Forest, IL 60305

    $600,000
    3,200 sqft 0.14 AC lot

    Two renovated storefronts with long-term tenants in River Forest.

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    Cobden, IL Commercial Property
    Cobden, IL Commercial Property

    8595 US Highway 51, Cobden, IL 62920

    $849,000
    6,000 sqft 26.10 AC lot

    Southern Illinois property with restaurant and retail potential.

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    Convenience Store Retail Building with Parking
    Convenience Store Retail Building with Parking

    5132 S Racine Avenue, Chicago, IL 60609

    $1,700,000
    0.94 AC lot

    Turnkey convenience store in brick masonry with outdoor parking, surveillance, workstations, and restrooms—ready for immediate operation.

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    Prime Development Opportunity on 79th
    Prime Development Opportunity on 79th

    301 W 79th Street, Chicago, IL 60620

    $870,000
    7,600 sqft 0.45 AC lot

    19,625 sq ft lot in West Chatham.

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    Corner Lot with Two Income Buildings
    Corner Lot with Two Income Buildings

    O Fallon, IL 62269

    $275,000
    3,036 sqft 0.21 AC lot

    Corner lot with two buildings offering multiple leased spaces, including ground-floor retail and a salon across a paved parking area.

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    Illinois Retail Properties & Spaces Market Trends and Statistics

    Explore 2280 retail properties & spaces for sale in Illinois, showcased through 2280 active listings on our real estate platform. These investment opportunities span a total of 16,854,339 square feet of properties for sale, with an estimated market value of $2,546,365,467.

    Sale prices for stores in Illinois start at $30,000, averaging $1,655,634, and reaching up to $67,850,000 — 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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