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    Urbana, IL Retail Space for Sale

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    Champaign, IL Savoy, IL East Peoria, IL
    Downtown Urbana Retail Condominium
    $459,900
    6,200 SF
    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.
    • Renovated between 2015‑2017.
    • Large 4,000 sq ft basement space.
    • First floor features hardwood floors and high ceilings.
    Updated: Sep 18, 2025
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    Retail Building in Urbana
    $965,000
    9,180 SF
    Retail Building in Urbana

    1110 S Philo Rd, Urbana, IL 61801

    9,180 SF retail building on 1.17 acres.
    • 9,180 SF building on 1.17 acres.
    • Located along the Philo Road retail corridor in southeast Urbana.
    • Open retail floor plan with 720 SF of back storage.
    • Clear ceiling height of 12'6".
    • Constructed in 2009.
    Updated: Feb 23
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    Urbana Redevelopment Opportunity For Sale
    $600,000
    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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    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

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    Based on your search, we've compiled 13 Potential Opportunities for your consideration. Besides 4 Active listings in Urbana, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 4 Off-Market properties to explore as potential leads, plus 1 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

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

    Savoy, IL Commercial Development Land
    $450,000
    1.97 Acres
    Savoy, IL Commercial Development Land

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

    612 CLARENDON Court, Savoy, IL 61874

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    Prime Commercial Lot in Savoy
    $125,000
    Prime Commercial Lot in Savoy

    Last available lot in a thriving Savoy commercial area.

    103 Calvin Street, Savoy, IL 61874

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    Multi-Tenant Building on University Avenue
    $3,000,000
    1,400 SF
    Multi-Tenant Building on University Avenue

    Multi-tenant building with high visibility and ample parking.

    505-517 E University Ave, Champaign, IL

    View details
    Champaign Retail Opportunity
    $1,700,000
    0.09 Acres
    Champaign Retail Opportunity

    Retail space for sale in Champaign, Illinois.

    606 S 6th Street, Champaign, IL 61820

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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 PUD-Zoned Land Opportunity
    $1,599,000
    900 SF
    Prime PUD-Zoned Land Opportunity

    2.07 acres of PUD-zoned land in a growing corridor.

    3229 State Road 207, Elkton, FL 32033

    View details

    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.

    3604 Cunningham Ave
    RETAIL STORES (PERSONAL SERVICES)
    3,522 SF Lot: 1.00 Acre
    Value Estimation by Request

    3604 Cunningham Ave, Urbana, IL 61802-9790

    View details
    1809 Philo Rd
    Individual retail properties
    25,576 SF
    Value Estimation by Request

    1809 Philo Rd, Urbana, IL 61802

    View details
    110 University Ave
    Individual retail properties
    29,595 SF Lot: 4.51 Acres
    Value Estimation by Request

    110 University Ave, Urbana, IL 61801

    View details
    3218 Cunningham Ave
    RETAIL STORES (PERSONAL SERVICES)
    28,380 SF Lot: 1.96 Acres
    Estimated value
    $935,000

    3218 Cunningham Ave, Urbana, IL 61802-9765

    View details

    Urbana, IL Retail Space Investment Opportunities Market Analysis

    Explore 8 retail space for sale in Urbana, IL, showcased through 4 active listings on our real estate platform. These investment opportunities span a total of 19,081 square feet of properties for sale, with an estimated market value of $2,374,900.

    Sale prices for retail space in Urbana, IL start at $350,000, averaging $593,725, and reaching up to $965,000 — 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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    Top Commercial Asset Segments

    Automotive properties 4
    Gas stations 3
    Grocery and convenience stores 2
    Drug stores 1
    Parking lots & garages 1

    Property Size Breakdown

    The majority of commercial real estate listings in Urbana fall within the 25,000 to 50,000 square foot range.

    Demographics Overview

    Population 47K
    Population Growth (5Y) -5.1%
    Median Household Income $46,466
    College Educated 55.8%

    High-Yield Neighborhoods for Investment

    Identify Urbana submarkets with the highest inventory density on the market and evaluate the median listing prices of real estate assets

    Neighborhood Average Price
    61802 $600K
    61801 $628.3K

    Taxes & Financing

    Average Loan-to-Value 65.0%

    Listings Trend

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