Urbana IL Real Estate & Commercial for Sale

Looking to add to your investment portfolio? Look no further than this 5-unit apartment building with solid rental history! Fantastic location near the University of Illinois campus and minutes from the quad. Inside, you'll find 4 - 2 bedroom, 1 bathroom units and 1 - 3 bedroom, 2 bathroom unit. On-site laundry is available in the basement.

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!!!

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.

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 $3,500 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!

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!

This building is beautiful and is exploding with charm. Built in 1918, this property was designed as a fraternity house but has so much potential to be used for other purposes. It is zoned R-7 University Residential Zoning District, which permits a boarding or rooming house, dormitory dwelling, community living facility, multiple-unit common-lot-line, church, temple, business mixed-use planned unit development, bed and breakfast (owner occupied), and more! This well maintained 3-story, 65 bed property is perfectly located in an opportunity zone and includes 17,255 SF and features 15 bedrooms on the 2nd floor and 9 on the 3rd floor with dorm style bathrooms. The main floor includes a living room, sun room/courtroom, tv room, dining room, and a commercial kitchen that has the prep ability for 100-300 people. The basement includes a laundry room, and storage. This property is in a prime location near campus with close proximity to shopping and restaurants. Don't miss this opportunity!

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.

Strawberry Fields/World Harvest Foods is an Urbana landmark that has served Central Illinois for more than 30 years. Located in the heart of Downtown and a few blocks from the University of Illinois campus, this free-standing building sits on more than 3/4 of an acre of prime General Commercial land. This is a key-in ready opportunity to move into a modern and updated facility with a built area close to 10,000 square feet, which sells organic, natural, national and international foods from all over the world. There is plenty of refrigeration space for an expansive selection of fresh products like cheeses and olives, as well as an assortment of frozen goods. There's also a full bakery and kitchen, an expansive line of vitamins and natural supplements, a specialty beauty line and aisles of specialty bulk and packaged foods from around the world. The spacious cafe offers a range of natural, organic, vegan and Middle Eastern foods, as well as signature baked goods and desserts. The listed price is for the sale of the building only. The business name, fixtures and inventory, if purchased, will be negotiated at a fair price. This building can be used for one business or it can be used as a strip mall with multiple tenants. Call to book your private showing appointment today!