1102 W University Avenue, Urbana, IL 61801
- $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
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Price $1,250,000
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Property Type Bad
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Property Status Active Under Contract
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Parcel Number 912107431005
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MLS Status Contingent
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Days On Market 140
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Cumulative Days On Market 141
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Tax Annual Amount 27890.36
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Cooling Central Air
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Directions Lincoln St , West on University Ave between Lincoln and Goodwin.
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BuildingAreaTotal 2200
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LotSizeSquareFeet 17770
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StoriesTotal 1
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Zoning COMMR
Address
Open on Google Maps- Address 1102 W University Avenue
- City Urbana
- State/county IL
- Zip/Postal Code 61801
- Country United States
Overview
- Bad
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