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    Urbana, IL Storefront Properties for Sale

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    Champaign, IL Savoy, IL East Peoria, IL
    Downtown Urbana Commercial Building
    $475,000
    0.06 Acres
    Downtown Urbana Commercial Building

    114 S Race, Urbana, IL 61801

    Two-story commercial building with first-floor restaurant in downtown Urbana.
    • Prime downtown Urbana location.
    • Existing first‑floor restaurant generating $3,500/month rental income.
    • Unfinished second floor offers 'value add' opportunity for conversion.
    • Low tax assessment.
    • New live music venue opening adjacent in Fall 2026.
    Updated: Sep 26, 2025
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    Based on your search, we've compiled 10 Potential Opportunities for your consideration. Besides 1 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 4 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.

    Historic Downtown Investment Opportunity
    $390,000
    2,736 SF
    Historic Downtown Investment Opportunity

    Two interconnected buildings blending historic charm with modern integrity.

    103 & 105 W Sale Street, Tuscola, IL 61953

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    Freestanding Commercial Building on Century Blvd
    $169,900
    1,775 SF
    Freestanding Commercial Building on Century Blvd

    Commercial building with drive-thru on busy Century Blvd in Rantoul.

    333 S Century Boulevard, Rantoul, IL 61866

    View details
    Retail/Showroom Storefront Building
    $130,000
    0.07 Acres
    Retail/Showroom Storefront Building

    Standalone retail/showroom building with 3,000+ square feet and a flexible interior that can support more than one use.

    108 E Sale Street, Tuscola, IL 61953

    View details
    Mixed-Use Retail and Office Building
    $145,000
    395 SF
    Mixed-Use Retail and Office Building

    Two separate street-level storefront/office spaces with individual entrances, plus potential for additional residential units above.

    122-124 East Sangamon Avenue, Rantoul, IL 61866

    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.

    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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    Champaign Commercial Land For Sale
    $750,000
    1.92 Acres
    Champaign Commercial Land For Sale

    1.92-acre commercial lot in desirable Champaign location.

    4202 Nicklaus Drive, Champaign, IL 61822

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    Commercial Lot in Growing Community
    $76,250
    0.70 Acres
    Commercial Lot in Growing Community

    Commercial lot in LeRoy, IL, near Interstate 74.

    Le Roy, IL 61752

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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.

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

    110 University Ave, Urbana, IL 61801

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    Urbana, IL Storefront Properties Investment Opportunities Market Analysis

    Explore 2 storefront properties for sale in Urbana, IL on our real estate platform. These investment opportunities span a total of 0 square feet of properties for sale, with an estimated market value of $475,000.

    Sale prices for retail units in Urbana, IL start at $475,000, averaging $475,000, and reaching up to $475,000 — 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
    61801 $475K

    Taxes & Financing

    Average Loan-to-Value 65.0%

    Listings Trend

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