1102 W University Avenue
Urbana, IL, 61801
$1,250,000
Beds
0 Baths
0 SqFt
0 Acres
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MLS #MRD12550545 image #0
Prime commercial opportunity located just one block from the University of Illinois, surrounded by newly developed student housing and continued area growth. Situated along a major thoroughfare with approximately 20,500 Annual Average Daily Traffic, this property offers exceptional visibility and exposure in a high-demand corridor. The former restaurant has closed, but all kitchen equipment and dining room fixtures are included, providing a true turnkey opportunity for a new owner. The space allows flexibility to continue operating under the existing business name or to rebrand with a new concept. Well-suited for a restaurant, cafe, or fast-casual concept, the property offers both drive-through and dine-in capabilities, making it an ideal fit for serving the strong student population and surrounding retail traffic.

Property Details

Price:
$1,250,000
MLS #:
MRD12550545
Status:
Active
Beds:
0
Baths:
0
Type:
Business
Neighborhood:
urbana
Listed Date:
Jan 19, 2026
Total Sq Ft:
2,200
UrbanaUrbana

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Schools

Interior

Cooling
Central Air

Exterior

Construction Materials
Wood
Stories
1

Financial

Tax Year
2024
Taxes
$27,890

Map

Community

Market Summary

Current real estate data for Business in Urbana as of May 16, 2026
3
Business Listed
123
Avg DOM
$1,215,000
Avg List Price

Property Summary

    1102 W University Avenue Urbana IL is a Business for sale in Urbana, IL, 61801. It is listed for $1,250,000

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