1102 W University Ave

Urbana, IL 61801
  • $1,380,000

    Price
  • 0

    Bed
  • 0

    Bath
  • 2,200

    SqFt

About the Listing 95131 - 952306

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 Highlights

Status Active
Days on Site 36
Property Type Business Opportunity
MLS ® 12550545
Year Built
Total Square Footage 2,200
Lot/Acreage 0.41
County Champaign

Interior Details

  • Bedrooms: 0
  • Bathrooms: 0 Full
  • Appliances:
  • Air Cond: Central Air
  • Heating: Central Bldg Heat
  • Fireplaces:
  • Floor:
  • Above Ground Sq Ft:
  • Below Ground Sq Ft: n/a
  • Basement:
  • Other:
  • Water:

Exterior Details

  • Garage Capacity: N/A
  • Lot Dimensions: 134.62 x 132
  • Zoning: COMMR
  • Roof:
  • Others:
  • Sewer:
  • Parking Features: 19-30 Spaces

Financial Details

  • Tax Amount: $27,890
  • Taxes w/Assessments: N/A
  • Tax/Property ID: 912107431005
  • Tax Year: 2024

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Questions About..

1102 W University Ave Urbana, IL 61801

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Originating MLS: mred

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