1102 W University Avenue, Urbana, IL
  • $1,250,000
  • $1,380,000

Description

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.

  • Listing Courtesy of: Coldwell Banker R.E. Group

Details

Updated on June 19, 2026 at 9:56 am
  • Property ID MRD12550545
  • Price $1,250,000
  • Property Type Bad
  • Property Status Active Under Contract
  • Parcel Number 912107431005
  • MLS Status Contingent
  • Days On Market 140
  • Cumulative Days On Market 141
  • Tax Annual Amount 27890.36
  • Cooling Central Air
  • Directions Lincoln St , West on University Ave between Lincoln and Goodwin.
  • BuildingAreaTotal 2200
  • LotSizeSquareFeet 17770
  • StoriesTotal 1
  • Zoning COMMR
  • Address 1102 W University Avenue
  • City Urbana
  • State/county IL
  • Zip/Postal Code 61801
  • Country United States

Overview

Property ID: MRD12550545
  • Bad
  • Property Type

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