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    Urbana, IL Retail Properties & Spaces for Lease

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    Urbana Commercial Property For Rent
    Updated: Mar 5
    Urbana Commercial Property For Rent

    1501 N Lincoln Avenue, Urbana, IL 61801

    Contact for pricing
    4,100 sqft
    High‑visibility location on a busy corner with signalized intersection
    Quick access to Interstate 74 and proximity to the University of Illinois Urbana‑Champaign
    Zoned B‑3 (General Business) allowing for a wide range of retail and commercial uses
    Standalone 4,100‑square‑foot commercial building
    Includes 10 fueling stations and accessible restroom facilities
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    Freestanding Retail Building Near University
    Updated: Aug 25, 2025
    Freestanding Retail Building Near University

    1501 N Lincoln Ave, Urbana, IL

    $20 SF/Yr
    4,107 sqft · $6,845/Mo
    Highly visible corner lot location on a primary thoroughfare with a traffic signal.
    Immediate access to Interstate 74 and excellent exposure from two major avenues.
    Freestanding 4,100‑square‑foot retail building.
    Zoned B3 – General Business, suitable for a variety of retail uses.
    Three points of ingress and egress for enhanced accessibility.
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    Retail Space on Philo Road
    Retail Space on Philo Road

    1803-1809 Philo Rd, Urbana, IL

    $10 SF/Yr
    1,525 sqft · $1,270/Mo

    Retail space with drive-through capabilities, signage available.

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    Former Pharmacy with Drive-Thru
    Former Pharmacy with Drive-Thru

    1504 E Colorado Ave, Urbana, IL

    $10 SF/Yr
    16,658 sqft · $13,881/Mo

    Freestanding 16,000 SF retail/medical space with drive-thru.

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    Versatile Commercial Property on Cunningham
    Versatile Commercial Property on Cunningham

    3809 N Cunningham Avenue, Urbana, IL 61802

    Contact for pricing

    2.11-acre commercial property with office, shop, and carport.

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    Retail Space on University Avenue
    Retail Space on University Avenue

    110 E University Ave, Urbana, IL

    $12 SF/Yr
    1,590 sqft · $1,590/Mo

    Retail space available in May 2025.

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    Move-in Ready Urbana Retail/Office Space
    Move-in Ready Urbana Retail/Office Space

    2740 Philo Road, Urbana, IL 61802

    $16 SF/Yr
    1,625 sqft · $2,166/Mo

    Retail/office space in southeast Urbana with strong traffic counts.

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    Retail Spaces Available For Rent
    Retail Spaces Available For Rent

    510 N Cunningham Ave, Urbana, IL 61802

    Contact for pricing
    2,240 sqft

    Retail spaces available, ranging from 1,500 to 2,240 square feet.

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    Retail/Office Suites Near U of I
    Retail/Office Suites Near U of I

    710 S Goodwin Ave, Urbana, IL

    $9 SF/Yr
    1,365 sqft · $1,023/Mo

    Two retail/office suites available near the University of Illinois campus.

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    Move-In Ready Urbana Retail/Office Space
    Move-In Ready Urbana Retail/Office Space

    2740 S Philo Rd, Urbana, IL 61802

    $16 SF/Yr
    1,625 sqft · $2,166/Mo

    1,625 SF retail/office space in high-traffic Urbana location.

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    Retail Space Inside Meijer Store
    Retail Space Inside Meijer Store

    2500 Philo Rd, Urbana, IL 61802

    Contact for pricing

    Prime retail opportunity with high visibility and customer traffic.

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    Urbana Retail Center For Lease
    Urbana Retail Center For Lease

    114 N Vine St, Urbana, IL 61802

    Contact for pricing

    Neighborhood retail center anchored by Schnucks, near University of Illinois.

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    Based on your search, we've compiled 28 Potential Opportunities for your consideration. Besides 12 Active listings in Urbana, IL, we suggest exploring alternatives. Consider Similar 4 Spaces in Nearby Cities, and Similar 8 Properties for Sales.

    Retail properties & Spaces for Lease in Nearby Cities

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

    Renovated Retail/Office Space in Midtown
    Renovated Retail/Office Space in Midtown

    112 E University Ave, Champaign, IL 61820

    Contact for pricing
    1,742 sqft

    1742 SF retail/office space in Champaign's thriving Midtown.

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    Spacious Retail Sublease Opportunity
    Spacious Retail Sublease Opportunity

    105-107 W Green St, Champaign, IL

    $20 SF/Yr
    12,163 sqft · $20,271/Mo

    Large retail space available for sublease in Champaign, Illinois.

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    Retail Space Sublease Opportunity
    Retail Space Sublease Opportunity

    107 W Green St, Champaign, IL 61820

    $20 SF/Yr
    12,163 sqft · $20,271/Mo

    Open retail space available for sublease near University of Illinois.

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    Mixed-Use Building with Retail/Office Space
    Mixed-Use Building with Retail/Office Space

    310 S 1st St, Champaign, IL 61820

    $18 SF/Yr
    15,735 sqft · $23,602/Mo

    Mixed-use building with retail/office space and residential apartments.

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    Similar Spaces for Sale in Urbana, IL

    Consider Similar Space for Sale. We found 8 Spaces matching your search parameters.

    Urbana Commercial Property For Sale
    Urbana Commercial Property For Sale

    306 W Springfield Avenue W, Urbana, IL 61801

    $1,300,000
    10,000 sqft · 0.61 AC lot

    Prime commercial property in Urbana, Illinois, ideal for various ventures.

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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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    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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    Urbana Redevelopment Opportunity For Sale
    Urbana Redevelopment Opportunity For Sale

    2702-2708 N Cunningham Ave, Urbana, IL 61802

    $600,000
    2 sqft

    Redevelopment opportunity on a hard corner in Urbana, Illinois.

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    Retail Building in Urbana
    Retail Building in Urbana

    1110 S Philo Rd, Urbana, IL 61801

    $965,000
    9,180 sqft

    9,180 SF retail building on 1.17 acres.

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    Downtown Urbana Retail Condominium
    Downtown Urbana Retail Condominium

    110 W Main St, Urbana, IL 61801

    $459,900
    6,200 sqft

    Prime retail condominium in downtown Urbana with renovated space.

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    Vacant Retail Building Near I-74
    Vacant Retail Building Near I-74

    1605 N Cunningham Ave, Urbana, IL

    $350,000
    3,699 sqft · 0.64 AC lot

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

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    Urbana Commercial Lot For Sale
    Urbana Commercial Lot For Sale

    2601 S High Cross Rd, Urbana, IL 61802

    $750,000
    6.53 AC lot

    6.53-acre commercial lot at Windsor & High Cross Road.

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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.

    Commercial Land Near Walmart
    Commercial Land Near Walmart

    E Bill Farr Drive, Terre Haute, IN 47803

    $1,000/Mo

    Commercial land available for rent near Walmart in Terre Haute.

    View details
    Commercial Land in Cloverdale, IN
    Commercial Land in Cloverdale, IN

    N Main Street, Cloverdale, IN 46120

    $1,000/Mo

    Commercial land available for rent in Cloverdale, Indiana.

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    Retail Development Land Near Walmart
    Retail Development Land Near Walmart

    333 W Stevenson Rd OUTLOTS, Ottawa, IL 61350

    Contact for pricing
    12,000 sqft

    Outlots and pad site available for ground lease near I-80.

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    Plainfield Commercial Land For Rent
    Plainfield Commercial Land For Rent

    SW corner of Rte 59 & Fraser Road, Plainfield, IL 60586

    Contact for pricing

    6.491 acre commercial land available for rent in Plainfield, IL.

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    Urbana, IL Retail properties & Spaces Market Trends and Statistics

    Explore Retail properties & Spaces leasing options in Urbana, IL with 12 listings featured on our commercial real estate exchange. The current inventory includes 28,495 square feet of properties with an estimated lease value of $93 SF/Yr.

    Estimated lease rates for Retail properties & Spaces in Urbana, IL begin at $9 SF/Yr, with an average of $13 SF/Yr and extend to $20 SF/Yr.
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