Shopping Center

Urbana, IL Shopping Centers for Sale

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Champaign, IL Savoy, IL Philo, IL Saint Joseph, IL Tolono, IL Thomasboro, IL Mahomet, IL Seymour, IL
Fully Occupied Shopping Center
Updated: Sep 8
Fully Occupied Shopping Center

1502-1508 N Cunningham Ave, Urbana, IL 61802

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50,361 sqft 6.90 AC lot
100% leased neighborhood shopping center
Approximately 50,361 square feet on a 6.90‑acre site
Anchored by Harbor Freight Tools and Dollar General
Located at 1502–1508 N Cunningham Ave in Urbana, Illinois
Approximately 8 minutes south of the University of Illinois Urbana‑Champaign campus
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Multi-Tenant Shopping Center
Updated: Jul 6
Multi-Tenant Shopping Center

1803-1809 Philo Rd, Urbana, IL 61802

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25,576 sqft 1.22 AC lot
25,576 SF multi‑tenant shopping center
13,332 SF vacant Planet Fitness junior‑box space
Approximately 1.22‑acre site
B‑3 zoning
Located on the Philo Road retail corridor
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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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See hot listings in Urbana

Scored against comparables nationwide. These are worth a look.

Scored against comparables nationwide. These are worth a look.

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Based on your search, we've compiled 10 Potential Opportunities for your consideration. Besides 3 Active listings in Urbana, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 1 Off-Market properties to explore as potential leads, plus 2 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.

Retail Investment Opportunity in Champaign
Retail Investment Opportunity in Champaign

1807 W Bradley Avenue, Champaign, IL 61821

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4,605 sqft

Retail property with high visibility and flexible floor plans.

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B-3 Zoned Strip Center
B-3 Zoned Strip Center

1423 E Mound Rd, Decatur, IL 62526

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11,856 sqft

B-3 zoned strip center offering flexible space within a multi-tenant retail configuration.

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Decatur Retail Strip Center
Decatur Retail Strip Center

1423 E Mound Rd, Decatur, IL

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6,000 sqft 0.69 AC lot

6,000 SF retail center in Decatur, Illinois for sale.

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Retail Investment Opportunity For Sale
Retail Investment Opportunity For Sale

1005 W Bloomington Rd, Champaign, IL 61821

Contact for pricing
1 sqft

Fully occupied retail strip center with high traffic visibility.

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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 Sports Complex
Commercial Land Near Sports Complex

2995 County Road 1400 E, Rantoul, IL 61866

$563,000
5.63 AC lot

Development parcel positioned near Interstate 57 and the Rantoul Family Sports Complex.

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Commercial Land in Development Area
Commercial Land in Development Area

2990 County Road 1400 E, Rantoul, IL 61866

$4,000,000
40.00 AC lot

A substantial tract positioned near a sports complex and Interstate 57 within a larger planned development area.

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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.

1803-1809 Philo Rd
Lifestyle centers

1803-1809 Philo Rd, Urbana, IL 61802

Estimated value: by Request
25,576 sqft 1.22 AC lot
View details

Urbana, IL Shopping Centers Market Trends and Statistics

Explore 4 shopping centers for sale in Urbana, IL, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 75,937 square feet of properties for sale, with an estimated market value of $3,483,494.

Sale prices for plazas in Urbana, IL average $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
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.

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