Save
Ask
Tour
Hide
$475,000
224 Days On Site
114 South RaceUrbana, IL 61801
For Sale|Business|Active
0
Beds
0
Total Baths
4,040
SqFt
$118
/SqFt
1900
Built
County:
Champaign
Listing Courtesy of MRED as distributed by MLS Grid of Weiner Co., Ltd.
Save
Ask
Tour
Hide
Mortgage Calculator
Monthly Payment (Est.)
$2,167Calculator powered by Showcase IDX, a Constellation1 Company. Copyright ©2026 Information is deemed reliable but not guaranteed.
Right in the heart of downtown Urbana. 2 story brick building with a first floor restaurant. 2nd floor is currently unfinished. Adjacent building to the South is being developed into a live music opening probably early Fall 2026. Current 1st floor rents are 3500 per month, Tenants pay utilities and all repairs up to 10,000. Low tax assessment. Urbana is on the rise with multiple new businesses opening in the past two years. Perfect for an owner operator or a 'value add' investor who wanted to convert the 2nd floor into a lost.
Save
Ask
Tour
Hide
Listing Snapshot
Price
$475,000
Days On Site
224 Days
Bedrooms
N/A
Inside Area (SqFt)
4,040 sqft
Total Baths
N/A
Full Baths
N/A
Partial Baths
N/A
Lot Size
N/A
Year Built
1900
MLS® Number
12481559
Status
Active
Property Tax
$7,795.4
HOA/Condo/Coop Fees
N/A
Sq Ft Source
N/A
Friends & Family
Recent Activity
| 2 weeks ago | Listing updated with changes from the MLS® | |
| a month ago | Status changed to Active | |
| a month ago | Price changed to $475,000 | |
| 7 months ago | Listing first seen on site |
General Features
Number Of Stories
2
Property Sub Type
Business
SqFt Total
4040
Zoning
RTAIL
Interior Features
Cooling
Central Air
Save
Ask
Tour
Hide
Community Features
MLS Area
Urbana
Listing Courtesy of MRED as distributed by MLS Grid of Weiner Co., Ltd.
Based on information submitted to the MLS GRID as of 2026-05-09 12:54 PM UTC. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Last checked: 2026-05-09 12:54 PM UTC
MRED DMCA Copyright Information Copyright © 2026 Midwest Real Estate Data LLC. All rights reserved.
Based on information submitted to the MLS GRID as of 2026-05-09 12:54 PM UTC. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Last checked: 2026-05-09 12:54 PM UTC
MRED DMCA Copyright Information Copyright © 2026 Midwest Real Estate Data LLC. All rights reserved.
Neighborhood & Commute
Source: Walkscore
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
Save
Ask
Tour
Hide
Did you know? You can invite friends and family to your search. They can join your search, rate and discuss listings with you.