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Urbana, IL Retail Properties for Sale

9 results
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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
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Downtown Urbana Retail Condominium
$459,900

Downtown Urbana Retail Condominium

110 W Main St, Urbana, IL 61801

Prime retail condominium in downtown Urbana with renovated space.

  • Prime downtown Urbana location.
  • Versatile B4 zoning allows for a wide range of business uses (retail, office, restaurant, etc.).
  • Renovated between 2015‑2017.
  • Large 4,000 sq ft basement space in addition to the first floor.
  • First floor features hardwood floors and high ceilings.
Updated: Nov 3, 2025
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Boomerangs Bar & Grill Building
$450,000
0.52 Acres

Boomerangs Bar & Grill Building

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

1309 E Washington St, Urbana, IL 61802
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Urbana Retail Space: Prime Location
$1,500,000
9,800 SF

Urbana Retail Space: Prime Location

Iconic Downtown Urbana building, 9,800 sq ft.

306 Springfield Ave, Urbana, IL 61801
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Urbana Storefront: Prime Retail Space
$375,000
3,699 SF

Urbana Storefront: Prime Retail Space

Vacant Retail Building, High Traffic Area

1605 Cunningham Ave, Urbana, IL 61802
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Urbana Redevelopment Opportunity For Sale
$800,000
2 SF

Urbana Redevelopment Opportunity For Sale

Redevelopment opportunity on a hard corner in Urbana, Illinois.

2702-2708 N Cunningham Ave, Urbana, IL 61802
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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
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Vacant Retail Building Near I-74
$350,000
3,699 SF

Vacant Retail Building Near I-74

Vacant retail building with parking, close to I-74.

1605 N Cunningham Ave, Urbana, IL 61802
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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
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Based on your search, we've compiled 21 Potential Opportunities for your consideration. Besides 9 Active listings in Urbana, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 6 Off-Market properties to explore as potential leads, plus 2 Land Listings that present a potential for development.

Explore Opportunities in Nearby Cities

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

Established Liquor Store Business Opportunity
$1,700,000
0.09 Acres

Established Liquor Store Business Opportunity

Profitable liquor store business for sale in prime campus location.

606 S 6Th St, Champaign, IL 61820
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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
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Charming Storefront in Downtown Rantoul
$224,900
0.06 Acres

Charming Storefront in Downtown Rantoul

Two-story building with endless possibilities in a prime location.

101 E Sangamon Ave, Rantoul, IL 61866
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Unique Property with Endless Potential
$233,000
3.01 Acres

Unique Property with Endless Potential

Versatile 4800 SF property on 3 acres near Rantoul.

1902 N County Road 3000 N, Rantoul, IL 61866
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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.

Prime Urbana Development Land
$599,000
1.08 Acres

Prime Urbana Development Land

One acre of development land near University of Illinois corridor.

402 W Griggs St, Urbana, IL 61801
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3.5 Acres Development Opportunity
$1,200,000
3.50 Acres

3.5 Acres Development Opportunity

3.5-acre parcel in an opportunity zone near University of Illinois.

1301 N Lincoln Ave, Urbana, IL 61801
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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.

1809 Philo Rd

1809 Philo Rd

Individual retail properties • 25,576 SF
Value Estimation by Request
1809 Philo Rd, Urbana, IL 61802
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110 University Ave

110 University Ave

Individual retail properties • 29,595 SF
Value Estimation by Request
110 University Ave, Urbana, IL 61801
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1803-1809 Philo Rd

1803-1809 Philo Rd

Lifestyle centers • 25,576 SF
Value Estimation by Request
1803-1809 Philo Rd, Urbana, IL 61802
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2740 Philo Rd

2740 Philo Rd

Restaurants
Value Estimation by Request
2740 Philo Rd, Urbana, IL 61801
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3218 Cunningham Ave

3218 Cunningham Ave

RETAIL STORES (PERSONAL SERVICES) • 28,380 SF
Value Estimation by Request
3218 Cunningham Ave, Urbana, IL 61802-9765
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3604 Cunningham Ave

3604 Cunningham Ave

RETAIL STORES (PERSONAL SERVICES) • 3,522 SF
Value Estimation
$330,000
3604 Cunningham Ave, Urbana, IL 61802-9790
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Urbana, IL Retail Properties Investment Opportunities Market Analysis

Explore 15 retail properties for sale in Urbana, IL, showcased through 9 active listings on our real estate platform. These investment opportunities span a total of 68,825 square feet of properties for sale, with an estimated market value of $1,280,000.

Prices for stores in Urbana, IL start at $315,000, averaging $426,666, 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.

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