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    Urbana, IL
    Retail

    Urbana, IL Retail Space for Sale

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    Champaign, IL Savoy, IL Philo, IL Saint Joseph, IL Tolono, IL Thomasboro, IL Mahomet, IL Seymour, IL
    6 properties
    Retail Building in Urbana
    Updated: Mar 27
    Retail Building in Urbana

    1110 S Philo Rd, Urbana, IL 61801

    $965,000
    9,180 sqft 1.17 AC lot
    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.
    View details
    Renovated Storefront Retail Condominium
    Updated: Jul 20
    Renovated Storefront Retail Condominium

    110 W Main St, Urbana, IL 61801

    $459,900
    7,303 sqft
    2,280‑square‑foot first floor with hardwood flooring and high ceilings
    5,280‑square‑foot basement provides substantial additional space
    Renovated between 2015‑2017
    South‑facing storefront windows provide natural light
    B4 zoning in downtown Urbana
    View details
    Fully Occupied Shopping Center
    Fully Occupied Shopping Center

    1502-1508 N Cunningham Ave, Urbana, IL 61802

    Contact for pricing
    50,361 sqft 6.90 AC lot

    Anchored by Harbor Freight Tools and Dollar General, the center sits near the University of Illinois Urbana-Champaign.

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    See hot listings in Urbana

    Scored against comparables nationwide. These are worth a look.

    Scored against comparables nationwide. These are worth a look.

    Cap Rate available after sign in
    Est. NOI available after sign in
    Local Demand available after sign in
    Multi-Tenant Shopping Center
    Multi-Tenant Shopping Center

    1803-1809 Philo Rd, Urbana, IL 61802

    Contact for pricing
    25,576 sqft 1.22 AC lot

    B-3-zoned retail center with a vacant junior-box space within a multi-tenant configuration.

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    Fully Leased Shopping Center
    Fully Leased Shopping Center

    1502 N Cunningham Ave, Urbana, IL 61802

    $3,483,494

    Occupied retail center anchored by Harbor Freight Tools and Dollar General.

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

    1605 N Cunningham Ave, Urbana, IL

    Contact for pricing
    3,699 sqft 0.64 AC lot

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

    View details
    Realmo Analytics Monitor Off-market properties and contact owners who are ready to sell. Many signals applied to make quality leads for you. Get Leads
    Based on your search, we've compiled 14 Potential Opportunities for your consideration. Besides 6 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

    Opportunities in Nearby Cities

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

    Storefront with Full Basement
    Storefront with Full Basement

    102 E Main St, Tolono, IL 61880

    $129,900
    1,509 sqft

    Occupied commercial building with an open main level, restroom, support space, and multiple access points.

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    Three-Unit Mixed-Use Building
    Three-Unit Mixed-Use Building

    9 E University Ave, Champaign, IL 61820

    $499,900
    3,797 sqft

    Flexible commercial property combining retail, office, loft, studio, and creative-space configurations.

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    Historic Mixed-Use Building
    Historic Mixed-Use Building

    41 E. University Avenue, Champaign, IL 61820

    $3,850,000
    0.29 AC lot

    A 1913 property brings together retail, residential, and office areas with paved off-street parking.

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    Storefront Property with Deep Lot
    Storefront Property with Deep Lot

    4 N Bourne Street, Tolono, IL 61880

    $69,900
    0.47 AC lot

    Storefront property with a flexible layout, window-unit cooling, and water availability in a commercial zoning district.

    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)

    3604 Cunningham Ave, Urbana, IL 61802-9790

    Estimated value:
    $315,000
    3,522 sqft 1.00 AC lot
    View details
    1809 Philo Rd
    Individual retail properties

    1809 Philo Rd, Urbana, IL 61802

    Estimated value: by Request
    25,576 sqft
    View details
    110 University Ave
    Individual retail properties

    110 University Ave, Urbana, IL 61801

    Estimated value: by Request
    29,595 sqft 4.51 AC lot
    View details
    3218 Cunningham Ave
    RETAIL STORES (PERSONAL SERVICES)

    3218 Cunningham Ave, Urbana, IL 61802-9765

    Estimated value:
    $935,000
    28,380 sqft 1.96 AC lot
    View details

    Urbana, IL Retail Space Market Trends and Statistics

    Explore 10 retail space for sale in Urbana, IL, showcased through 6 active listings on our real estate platform. These investment opportunities span a total of 96,119 square feet of properties for sale, with an estimated market value of $4,908,394.

    Sale prices for retail space in Urbana, IL start at $459,900, averaging $1,636,131, and reaching up to $3,483,494 — 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

    Commercial property segments ranked by active listings on the market

    Storefront properties 5
    Shopping centers 4
    Automotive properties 2
    Grocery and convenience stores 2
    Auto shops 1

    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 average listing prices of real estate assets

    Neighborhood Average Price
    61801 $712.5K
    61802 $3.5M

    Taxes & Financing

    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Champaign County

    New Delisted

    Property Size Breakdown

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

    How Realmo verifies these figures

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