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    Urbana, IL
    Shopping Center

    Urbana, IL Shopping Centers for Sale

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    Champaign, IL Savoy, IL East Peoria, IL Philo, IL Saint Joseph, IL Peoria, IL Tolono, IL Thomasboro, IL
    Multi-Tenant Shopping Center
    Updated: Jul 6
    Multi-Tenant Shopping Center

    1803-1809 Philo Rd, Urbana, IL 61802

    Contact for pricing
    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
    View details
    Two-Center Strip Mall
    Updated: Apr 11
    Two-Center Strip Mall

    110 E University Ave, Urbana, IL 61801

    Contact for pricing
    Two multi‑tenant retail centers occupy 4.6 acres
    Current occupancy is 100 percent
    Corner location at E University Ave and Highway 45 with 35,400 vehicles passing daily
    Less than one mile from the University of Illinois campus with almost 60,000 students
    62 percent of the center is leased through 2023 at least
    View details
    See what stands out in Champaign County

    We check every for-sale listing in the county against comparable properties across the country. Most price about where you would expect. A few are worth a second look.

    We check every listing here. A few are worth a second look.

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    Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 2 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.

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

    1423 E Mound Rd, Decatur, IL 62526

    Contact for pricing
    11,856 sqft

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

    View details
    Retail Investment Opportunity in Champaign
    Retail Investment Opportunity in Champaign

    1807 W Bradley Avenue, Champaign, IL 61821

    Contact for pricing
    4,605 sqft

    Retail property with high visibility and flexible floor plans.

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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.

    View details
    Multi-Tenant Shopping Center
    Multi-Tenant Shopping Center

    4655 E Maryland St, Decatur, IL 62521

    Contact for pricing
    22,715 sqft

    Retail center configured for multiple occupants.

    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.

    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.

    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.

    1803-1809 Philo Rd
    Lifestyle centers

    1803-1809 Philo Rd, Urbana, IL 61802

    Value Estimation by Request
    25,576 sqft 1.22 AC lot
    View details

    Urbana, IL Shopping Centers Market Trends and Statistics

    Explore 3 shopping centers for sale in Urbana, IL on our real estate platform. These investment opportunities span a total of 25,576 square feet of properties for sale.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Storefront properties 7
    Shopping centers 4
    Grocery and convenience stores 2
    Automotive properties 1
    Drug stores 1

    Demographics Overview

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

    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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