Urbana IL Commercial for Sale
$210,000
202 S Grove Street Urbana, IL 61802
- Type:
- General Commercial
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.23 Acres
- Year built:
- 1913
- Baths:
- MLS#:
- 12162084
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Courtesy: KELLER WILLIAMS-TREC
217-356-6100
ADDITIONAL INFORMATION
Expand your rental portfolio with 202 S Grove, a conveniently located 5-unit building near downtown Urbana. Each unit is a one-bedroom with its own kitchen and bathroom. Two units have been recently remodeled, while the other three house long-term tenants. Tenants are responsible for individually metered electric and gas, with water, sewer, and heat covered by a monthly utility credit. Recent upgrades include a new efficient hot water radiant heat boiler. With R-4 zoning, this property offers immediate returns and significant potential for future development or renovation.
$495,000
1008 S Busey Avenue Urbana, IL 61801
- Type:
- General Commercial
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1900
- Baths:
- MLS#:
- 12148787
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Courtesy: The Real Estate Group,Inc
217-607-2634
ADDITIONAL INFORMATION
Apartment building with exquisite Character just 1 block from Lincoln Ave and 6 blocks North of Florida. Fantastic location and space. Vintage classic appeal from the Hardwood Doors, Floors, Trim and so much more. 4 expansive 2 bedroom units, 1 very bright -2 bedroom garden unit and a 1 studio unit. Washer, Dryer in basement for students to use. Great off street parking area for each unit that includes Bike Rack for students. Secondary exterior back staircase with connecting attic storage for owner or possible future development. These apartments are in great shape with good tenant history, always full each year.
$625,000
110 W Main Street Urbana, IL 61801
- Type:
- Other
- Sq.Ft.:
- 7,303
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1920
- Baths:
- MLS#:
- 12161223
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Courtesy: SVN
North Star
ADDITIONAL INFORMATION
The first floor has 2,280 square feet. The basement has 5,023 square feet.
$365,000
407 E Elm Street Urbana, IL 61802
- Type:
- General Commercial
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.19 Acres
- Year built:
- 1989
- Baths:
- MLS#:
- 12149160
View additional info
Courtesy: The Real Estate Group,Inc
217-607-2634
ADDITIONAL INFORMATION
Looking for a gem to add to your investment portfolio or perhaps looking for your first investment. This unique five-unit apartment building in the Champaign-Urbana area is an excellent investment opportunity. Each unit features 1 bedroom and 1 bathroom, with tenants responsible for their own utilities, while the landlord only handles landscaping and trash services. The units include carpet and vinyl flooring, with one dedicated parking space per unit and plenty of street parking available. Conveniently located just a few blocks from downtown Urbana, Lincoln Square Mall, and shopping options, this property is also close to the University of Illinois at Urbana-Champaign (UIUC). With solid bones and new development in the area, this building offers great potential for increasing ROI through continued improvements and rent increases. Don't miss out on this prime location, perfect for attracting tenants! Call you favorite Realtor today to schedule your private showing.
- Type:
- Other
- Sq.Ft.:
- 6,230
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.8 Acres
- Year built:
- 1982
- Baths:
- MLS#:
- 12153971
View additional info
Courtesy: GUTH & ASSOCIATES,LLC
217-355-2545
ADDITIONAL INFORMATION
Offering 801 W Killarney, Urbana, IL for sale. Building presently used as a commercial catering kitchen, but previous uses included office building and church use. Building, constructed in 1982 with extensive renovations in 2017, has 6,230 square feet of space on 0.80 acres. Large parking lot on the east side of the building with ability to expand building or parking lot on west side of the lot. Property is located one block east of Lincoln Avenue with strong access to the interstate system and to University of Illinois campus. Building has several kitchen exhaust hoods, sinks, walk in cooler/freezer. The kitchen equipment and smallwares are not included in the purchase price but can be purchased separately. Located within Opportunity Zone.
$1,600,000
401 N Broadway Avenue Urbana, IL 61801
- Type:
- Mixed Use
- Sq.Ft.:
- 15,021
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1963
- Baths:
- MLS#:
- 12123250
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Courtesy: GUTH & ASSOCIATES,LLC
217-355-2545
ADDITIONAL INFORMATION
Exclusively offering 401 N Broadway Urbana, commonly known as the Broadway Food Hall, for sale. The 15,000 SF building located near Downtown Urbana underwent an extensive remodel in 2017 and the main building features multiple commercial kitchen spaces, a bar area and an expansive open space for events. The space was previously used as a food court with multiple restaurants and has been used as an event center for weddings and other special events and meetings. The commercial kitchens include exhaust hood systems, sinks, and there is a walk in cooler and freezer to serve the commercial kitchens. The property is located just south of University Avenue and near the downtown business district. National grocer, H-Mart, will be located directly across the street which will be in the fall, 2024. Downtown Urbana employment will be growing with the relocation of the Champaign County offices to 201 Main in the downtown area. There is ample on-street parking as well as public parking near the property and the location is walkable to the downtown area. Opportunity for outdoor seating area on the east side of the building. The property could be reactivated as a food hall/event center or reimagine as a community center, an open concept office building, art gallery, retail and much more.
- Type:
- General Commercial
- Sq.Ft.:
- 6,209
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.21 Acres
- Year built:
- 1910
- Baths:
- MLS#:
- 12094947
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Courtesy: Green Street Realty
217-356-8750
ADDITIONAL INFORMATION
This Fraternity/Sorority/Group House is located in Core Campus District. Site has adequate parking with Frontage on Oregon just 1/2 block east of Lincoln Ave and Cafe Paradiso. ZONING IS R7 HIGH DENSITY, POSSIBLE REDEVELOPMENT?? - PLEASE CHECK WITH CITY OF URBANA. Awesome Location!!!
- Type:
- Other
- Sq.Ft.:
- 3,541
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.59 Acres
- Year built:
- 1976
- Baths:
- MLS#:
- 12073116
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Courtesy: GUTH & ASSOCIATES,LLC
217-355-2545
ADDITIONAL INFORMATION
Offering 1405 E Florida Ave located in South East Urbana. This one story building was constructed in 1976 with brick exterior. The building is 5,973 total square feet, and offers a full finished basement providing an additional work space. With four exterior entrances, the building could accommodate multiple tenants. With 11 private offices and open work rooms, the building is set up to facilitate a wide array of professional uses. High visibility and a combined ADT of over 13,000 vehicles make this building a perfect location for your business. Property currently houses a State Farm office in one of the potential four suites this building has to offer.
$3,825,000
1601 N Willow Road Urbana, IL 61801
- Type:
- General Commercial
- Sq.Ft.:
- 51,046
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 2 Acres
- Year built:
- 1974
- Baths:
- MLS#:
- 12056636
View additional info
Courtesy: GUTH & ASSOCIATES,LLC
217-355-2545
ADDITIONAL INFORMATION
Offering two building multi-family complex in Urbana, IL one block west of Cunningham Avenue and just south of the Interstate 74 interchange. Property is situated on the northwest corner of Country Club Road and Willow Road in Urbana. The property boasts 51 apartments comprised of 22 one-bedroom units and 29 two-bedroom units Most of the units have been renovated and refreshed with 15 units undergoing renovations currently. Current ownership has invested over $1,200,000 in renovations/repairs since 2022. Each building has a shared laundry facilities on the second floor for one-bedroom units to utilize, while two-bedroom units have washer/dryer within the units. Apartments are very spacious, and upgrades include new flooring, painting, kitchen upgrades, new appliances. The entire exterior of this property has been improved including new roof, siding, windows, painting and much more. A large courtyard is situated between the two buildings providing an area for tenants to relax and creates a sense of community. The on-site parking lot accommodates 82 vehicles. The property is located near Crystal Lake Park, Busey Woods, Anita Pervis Nature Center and Urbana Country Club. These outdoor facilities are within walking distance and provides recreational opportunities for tenants.
$2,500,000
705 E Colorado Avenue Urbana, IL 61801
- Type:
- General Commercial
- Sq.Ft.:
- 31,602
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.87 Acres
- Year built:
- 1977
- Baths:
- MLS#:
- 12043161
View additional info
Courtesy: Green Street Realty
217-356-8750
ADDITIONAL INFORMATION
Don't miss your chance to own this well-situated apartment complex! It is perfectly placed in a quiet Urbana neighborhood, but still close to everything Champaign-Urbana has to offer! This building features 1, 2 and 3 bedroom apartments and townhouses. Secured entry and free off-street parking. It is a half block to the Red line and 2 blocks to the Green St, both take you to the central terminal downtown and to the University of Illinois campus. Grocery and convenience shopping nearby and there is fiberoptic internet access to every apartment. This is a great investment opportunity!
- Type:
- Office
- Sq.Ft.:
- 5,100
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1972
- Baths:
- MLS#:
- 11936062
View additional info
Courtesy: Weiner Co., Ltd.
217-384-8001
ADDITIONAL INFORMATION
The space consists of seven offices, a large reception/lobby area, a record vault, a kitchenette, and separate men' s and women' s three-piece restrooms facilities. The space is accessed via elevator service from the main lobby and two stairwells. Multiple atriums provide natural light throughout the space. Large balcony space off of one office. Ample parking is available on site. Additional on-street parking is available. This property is eligible for TIF incentives from the City of Urbana. The space is located at 507 S. Broadway, Urbana, within easy walking distance of Lincoln Square Mall, the City of Urbana offices, the Champaign County Courthouse, the Federal Courthouse and downtown Urbana. Highway access is readily available via Vine Street/Cunningham Avenue to I-74. Aggressive zoning. Prime B-3 and B-4 zoning. Great location for future developments for a growing downtown Urbana. Owner financing is available with 25% downpayment at 6% with a 5 year Balloon.
$375,000
804 W Oregon Street Urbana, IL 61801
- Type:
- General Commercial
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.15 Acres
- Year built:
- 1908
- Baths:
- MLS#:
- 11916389
View additional info
Courtesy: Green Street Realty
217-356-8750
ADDITIONAL INFORMATION
Outstanding location for this 11 bedroom, 4 bathroom rooming house for sale! Perfect for a small fraternity, sorority, or student group. This property is currently leased for the 2023-2025 school years at $3,750 but at 400-500 per bedroom could generate more! This property has great character with hardwood floors, two kitchens, and free parking. View it today!
- Type:
- General Commercial
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.18 Acres
- Year built:
- 1910
- Baths:
- MLS#:
- 11830648
View additional info
Courtesy: Green Street Realty
217-356-8750
ADDITIONAL INFORMATION
Outstanding Location for this 10 bedroom, 3 bath rooming house for sale! The main floor has been updated with fresh paint and renovated kitchen. Literally across the street from campus! Perfect for a small fraternity, sorority, or student group looking to find a home. This building is located in a federal designated opportunity zone. The property is rented through August 2024 at $2,500 per month. The mechanicals were new in 2022 and the house is in great shape. View it today!
$364,900
212 N Vine Street Urbana, IL 61802
- Type:
- Other
- Sq.Ft.:
- 2,500
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.3 Acres
- Year built:
- 2003
- Baths:
- MLS#:
- 11179109
View additional info
Courtesy: RE/MAX REALTY ASSOCIATES-CHA
217-352-5700
ADDITIONAL INFORMATION
Here is your opportunity to obtain a newer commercial building, providing almost 2500 square feet of space, sitting on a conveniently located, highly visible location in the Urbana Schnucks Parking Lot. This building offers three drive-through bays with motorized 10 foot overhead doors, full basement with oil change/service access stations, waste oil heater included, that has been updated to a "Metered" System. The front office has central heating and air conditioning for your comfort, along with a customer restroom. The shop is heated and includes an office, bathroom and utility room for employee convenience. There is also a single bay automatic car wash system with in-floor radiant heated floor and reverse osmosis system, all for providing a higher level of service to your customers. Schedule your tour today and let your entrepreneurial imagination run wild.
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Urbana Real Estate
The median home value in Urbana, IL is $196,451. This is higher than the county median home value of $132,800. The national median home value is $219,700. The average price of homes sold in Urbana, IL is $196,451. Approximately 33.19% of Urbana homes are owned, compared to 53.51% rented, while 13.29% are vacant. Urbana real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Urbana real estate agent to arrange a tour today!
Urbana, Illinois has a population of 42,141. Urbana is less family-centric than the surrounding county with 29.18% of the households containing married families with children. The county average for households married with children is 30.62%.
The median household income in Urbana, Illinois is $34,273. The median household income for the surrounding county is $49,586 compared to the national median of $57,652. The median age of people living in Urbana is 24.3 years.
Urbana Weather
The average high temperature in July is 85 degrees, with an average low temperature in January of 16.7 degrees. The average rainfall is approximately 40.4 inches per year, with 23.2 inches of snow per year.