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    Champaign County, IL Retail Properties & Spaces for Sale

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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
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    Commercial Building with Established Tenants
    Updated: Mar 25
    Commercial Building with Established Tenants

    1205 S Mattis Avenue, Champaign, IL 61821

    $850,000
    6,200 sqft · 0.55 AC lot
    Immediate income from three established tenants.
    New roof installed in 2025 ($130,000 value) reduces maintenance concerns.
    High‑visibility location in a high‑traffic corridor.
    Approximately 6,200 square foot commercial building.
    Front and rear parking for tenants and visitors.
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    Retail-Office Building with Overhead Door
    Retail-Office Building with Overhead Door

    909 W Bloomington Road, Champaign, IL 61821

    $698,000
    5,700 sqft · 0.40 AC lot

    Versatile retail and office building with warehouse space and a large overhead garage door for flexible tenant use.

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    Freestanding Commercial Building on Century Blvd
    Freestanding Commercial Building on Century Blvd

    333 S Century Boulevard, Rantoul, IL 61866

    $169,900
    1,775 sqft · 0.25 AC lot

    Commercial building with drive-thru on busy Century Blvd in Rantoul.

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

    501 Commerce Drive, Savoy, IL 61874

    $1,850,000
    3,365 sqft · 1.30 AC lot

    Prime commercial space in a thriving Savoy location!

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    Downtown Champaign Mixed-Use Building
    Downtown Champaign Mixed-Use Building

    320 N Neil Street, Champaign, IL 61820

    $1,250,000
    5,865 sqft · 0.08 AC lot

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

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    Commercial Property with Residential Home
    Commercial Property with Residential Home

    3612 W Bloomington Road, Champaign, IL 61822

    $1,250,000
    7,800 sqft · 9.88 AC lot

    10-acre commercial property with income, residential home, expansion potential.

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    Rantoul, IL Commercial Development Land
    Rantoul, IL Commercial Development Land

    950 Broadmeadow Road, Rantoul, IL 61866

    $485,000
    2.36 AC lot

    Prime commercial land near I-57, ideal for various developments.

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    Prime Commercial Lot in Savoy
    Prime Commercial Lot in Savoy

    103 Calvin Street, Savoy, IL 61874

    $125,000
    3,800 sqft · 0.33 AC lot

    Last available lot in a thriving Savoy commercial area.

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    Bi-Level Standalone Retail Facility
    Bi-Level Standalone Retail Facility

    6 Convenience Center Road, Champaign, IL 61820

    Contact for pricing
    5,500 sqft · 0.48 AC lot

    Standalone bi-level retail building with dedicated basement space for storage or back-of-house operations.

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    Freestanding Retail/Office Building for Lease
    Freestanding Retail/Office Building for Lease

    2103 N Dunlap Ave, Champaign, IL

    $650,000
    3,160 sqft · 0.41 AC lot

    Freestanding retail/office building in Champaign, subject to Savoy Zoning.

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    Savoy, IL Commercial Development Land
    Savoy, IL Commercial Development Land

    612 CLARENDON Court, Savoy, IL 61874

    $450,000
    5,000 sqft · 1.97 AC lot

    1.97-acre commercial parcel in high-growth Savoy corridor.

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    Retail Service and Office Building
    Retail Service and Office Building

    1207 N Mattis Avenue, Champaign, IL 61821

    $299,000
    1.15 AC lot

    Flexible retail, service, and office layout set on a large parcel with ample parking at a high-traffic intersection.

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    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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    Red Brick Cathedral Event Building
    Red Brick Cathedral Event Building

    1902 N County Road 3000 N, Rantoul, IL 61866

    $233,000
    6,600 sqft · 3.01 AC lot

    Red brick facility on 3 acres with a high vaulted cathedral ceiling and adjacent attached building for flexible uses.

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    Downtown Champaign Commercial Space
    Downtown Champaign Commercial Space

    114 & 120 S Neil St, Champaign, IL 61820

    $1,500,000

    Prominent commercial space in Downtown Champaign near popular venues.

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    Dollar General NNN Investment Opportunity
    Dollar General NNN Investment Opportunity

    401 W. Division St., Fisher, IL 61843

    $1,093,871
    9,300 sqft

    Absolute NNN Dollar General with assumable financing until 2030.

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    Champaign Retail Opportunity
    Champaign Retail Opportunity

    606 S 6th Street, Champaign, IL 61820

    $1,700,000
    0.09 AC lot

    Retail space for sale in Champaign, Illinois.

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    Multi-Tenant Building on University Avenue
    Multi-Tenant Building on University Avenue

    505-517 E University Ave, Champaign, IL

    $3,000,000
    1,400 sqft · 0.80 AC lot

    Multi-tenant building with high visibility and ample parking.

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    Updated Retail Storefront Property
    Updated Retail Storefront Property

    4 N Bourne Street, Tolono, IL 61880

    $79,900
    0.47 AC lot

    Updated brick storefront on an extra-deep lot with flexible space suited for retail or multiple business concepts.

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    Mixed-Use Retail and Office Building
    Mixed-Use Retail and Office Building

    122-124 East Sangamon Avenue, Rantoul, IL 61866

    $145,000
    395 sqft

    Two separate street-level storefront/office spaces with individual entrances, plus potential for additional residential units above.

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    Top-Performing Panera Bread For Sale
    Top-Performing Panera Bread For Sale

    1903 Convenience Pl, Champaign, IL 61820

    $3,332,000
    4,980 sqft

    Corporate-guaranteed Panera Bread in top 5% nationwide, Champaign, Illinois.

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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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    Red Brick Cathedral Facility
    Red Brick Cathedral Facility

    1902 N County Road 3000 N, Rantoul, IL 61866

    $233,000
    4,800 sqft · 3.01 AC lot

    Unique religious-style building offers large vaulted main space and additional attached building for flexible reuse.

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    Champaign County, IL Retail Properties & Spaces Market Trends and Statistics

    Explore 72 retail properties & spaces for sale in Champaign County, IL, showcased through 56 active listings on our real estate platform. These investment opportunities span a total of 200,458 square feet of properties for sale, with an estimated market value of $41,203,363.

    Sale prices for stores in Champaign County, IL start at $65,000, averaging $1,030,084, and reaching up to $5,250,000 — 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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