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Urbana, IL Storefront Properties for Sale

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Champaign, IL Savoy, IL Philo, IL Bondville, IL Tolono, IL Saint Joseph, IL Sidney, IL Thomasboro, IL
Downtown Urbana Commercial Building
Updated: Sep 26, 2025
Downtown Urbana Commercial Building

114 S Race, Urbana, IL 61801

$475,000
0.06 AC lot
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.
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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
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Mixed-Use Building with Retail
Mixed-Use Building with Retail

218 West Main Street, Urbana, IL 61801

$1,095,000
5,061 sqft

Historic mixed-use building features two leased ground-floor retail suites and four renovated 2-bed apartments.

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Historic Mixed-Use Building
Historic Mixed-Use Building

218 Main St, Urbana, IL 61801

$995,000

Fully renovated and fully leased downtown Urbana building with two street-level commercial suites and four residential units.

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Based on your search, we've compiled 13 Potential Opportunities for your consideration. Besides 4 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.

Retail Storefront with Split Access
Retail Storefront with Split Access

816 N Country Fair Drive, Champaign, IL 61821

Contact for pricing
0.92 AC lot

Retail unit features a front entry that opens into two interior doors and offers ample parking.

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Retail Building on Deep Lot
Retail Building on Deep Lot

4 N Bourne Street, Tolono, IL 61880

$74,900
0.47 AC lot

Retail building on an extra-deep lot with a flexible interior floor plan.

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Standalone Bi-Level Retail Facility
Standalone Bi-Level Retail Facility

6 Convenience Center Road, Champaign, IL 61820

Contact for pricing
0.48 AC lot

Standalone bi-level retail facility reconstructed in 2006 with sales level showroom space and a high-ceiling basement for operations.

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Updated Retail Storefront with Flexible Layout
Updated Retail Storefront with Flexible Layout

4 N Bourne Street, Tolono, IL 61880

$74,900
0.47 AC lot

Updated storefront on an extra-deep lot, with a flexible floor plan that could accommodate multiple businesses.

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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 Development Land Parcel
Commercial Development Land Parcel

612 CLARENDON Court, Savoy, IL 61874

$450,000
1.97 AC lot

1.97-acre commercial land parcel in Savoy, zoned for commercial uses, with concrete parking pads and village-approved site plans.

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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.

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Champaign Commercial Land For Sale
Champaign Commercial Land For Sale

4202 Nicklaus Drive, Champaign, IL 61822

$750,000
1.92 AC lot

1.92-acre commercial lot in desirable Champaign location.

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Commercial Lot in Growing Community
Commercial Lot in Growing Community

Le Roy, IL 61752

$76,250
0.70 AC lot

Commercial lot in LeRoy, IL, near Interstate 74.

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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

110 University Ave, Urbana, IL 61801

Value Estimation by Request
29,595 sqft 4.51 AC lot
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Urbana, IL Storefront Properties Market Trends and Statistics

Explore 5 storefront properties for sale in Urbana, IL, showcased through 4 active listings on our real estate platform. These investment opportunities span a total of 5,061 square feet of properties for sale, with an estimated market value of $1,095,000.

Sale prices for retail units in Urbana, IL start at $1,095,000, averaging $1,095,000, and reaching up to $1,095,000 — 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

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
61801 $475K

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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