Advertise
    Urbana, IL
    Retail

    Urbana, IL Retail Space for Sale

    Notify Me
    List
    Map
    Champaign, IL Savoy, IL Philo, IL Bondville, IL Tolono, IL Saint Joseph, IL Sidney, IL Thomasboro, IL
    Vacant Retail Building Near I-74
    Updated: Apr 12, 2022
    Vacant Retail Building Near I-74

    1605 N Cunningham Ave, Urbana, IL

    $350,000
    3,699 sqft 0.64 AC lot
    Excellent floor plan suitable for many retail users.
    Plenty of onsite parking.
    Convenient access to the University of Illinois, Carle, and OSF hospitals.
    Located in the center of the block across from 45, ideal for retail.
    Close proximity to I‑74.
    View details

    This listing looks promising.

    Here's a quick look at some key insights for

    1605 N Cunningham Ave, Urbana, IL

    View Property Analytics

    • Est. Cap Rate

      8.9%
      Above avg (5.9%)

    • Est. NOI

      $31K
      Annual

    • Mortgage

      $2.54M
      Recorded

    • Last Sold

      May 2008
      $1.18M
    View Property Analytics
    Renovated Downtown Retail Condominium
    Updated: Sep 18, 2025
    Renovated Downtown Retail Condominium

    110 W Main Street, Urbana, IL 61801

    $459,900
    Downtown Urbana retail condominium space with 2,280 SF on the first floor plus 5,280 SF basement
    Renovated between 2015–2017 with first‑floor hardwood floors and high ceilings
    Central air cooling
    Front windows provide abundant natural light for the first floor
    B4 zoning allows a variety of uses, including retail, office, medical/dentist office, restaurant, and more
    View details
    Retail Building in Urbana
    Retail Building in Urbana

    1110 S Philo Rd, Urbana, IL 61801

    $965,000
    9,180 sqft 1.17 AC lot

    9,180 SF retail building on 1.17 acres.

    View details
    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.

    View details
    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
    One-Story Retail Laundromat Building
    One-Story Retail Laundromat Building

    402 N Broadway, Urbana, IL 61801

    Contact for pricing
    4,400 sqft

    Single-story brick retail building currently operating as a laundromat, with 2020 roof and gutter improvements.

    View details
    Based on your search, we've compiled 14 Potential Opportunities for your consideration. Besides 5 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.

    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.

    View details
    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!

    View details
    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.

    View details
    1913 Historic Mixed-Use Building
    1913 Historic Mixed-Use Building

    41 E. University Avenue, Champaign, IL 61820

    $3,850,000
    0.29 AC lot

    Built in 1913 with large windows and includes off-street parking plus ground-floor retail alongside office and residential space.

    View details

    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.

    PUD-Zoned Commercial Land with Frontage
    PUD-Zoned Commercial Land with Frontage

    3229 State Road 207, Elkton, FL 32033

    $1,599,000
    2.07 AC lot

    2.07-acre PUD-zoned parcel on State Hwy 207 with 360 feet of frontage and an on-site renovated 2012 home.

    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

    Value Estimation by Request
    3,522 sqft 1.00 AC lot
    View details
    1809 Philo Rd
    Individual retail properties

    1809 Philo Rd, Urbana, IL 61802

    Value Estimation by Request
    25,576 sqft
    View details
    110 University Ave
    Individual retail properties

    110 University Ave, Urbana, IL 61801

    Value Estimation 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

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

    Urbana, IL Retail Space Market Trends and Statistics

    Explore 9 retail space for sale in Urbana, IL, showcased through 5 active listings on our real estate platform. These investment opportunities span a total of 19,079 square feet of properties for sale, with an estimated market value of $1,774,900.

    Sale prices for retail space in Urbana, IL start at $350,000, averaging $591,633, 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.

    List
    Map

    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Storefront properties 5
    Grocery and convenience stores 3
    Automotive properties 2
    Shopping centers 2
    Drug stores 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
    61802 $600K
    61801 $712.5K

    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.

    Need Help?

    Reach out if you need assistance with Realmo tools or have questions about your listings

    Contact Us

    Browse Retail space for Sale Near Urbana, IL

    Popular Searches in Urbana, IL

    Popular Categories

    Most Searched ZIP Codes in Urbana, IL

    • 61801

    Select Neighborhood

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!