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Urbana, IL Storefront Properties for Sale

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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.

Explore Opportunities in Nearby Cities

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

Historic Downtown Investment Opportunity
$390,000
0.15 Acres

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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Historic Tuscola Commercial/Residential Portfolio
$400,000
0.07 Acres

Historic Tuscola Commercial/Residential Portfolio

Turn-key commercial and residential property in downtown Tuscola, Illinois.

101 W Sale Street, Tuscola, IL 61953
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Downtown Bloomington Building with Parking
$950,000
6,813 SF

Downtown Bloomington Building with Parking

Commercial building with 50 parking spaces in downtown Bloomington.

615 N Main Street, Bloomington, IL 61701
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Former Post Office Retail Space
$2,600,000
54,429 SF

Former Post Office Retail Space

Retail property with existing tenants and redevelopment potential.

1209 Towanda Ave, Bloomington, IL 61701
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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.

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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Explore 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

110 University Ave

Individual retail properties • 29,595 SF
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 2,657 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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