Accepting Backups
1102 University Avenue
Urbana, IL 61801
$1,250,000 ▼ $130,000 from $1,380,000
0beds
0baths
—sqft
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About this home
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.
MLS Description — as provided by the listing brokerage.
The facts
Property typeBusiness Opportunity
Lot size—
Annual tax$27,890.36
CountyChampaign
MLS #MRD12550545
Days on market90
Features
Cooling
Central Air
Construction
Wood
Listed by
Coldwell Banker R.E. Group
Jeremy Brandow · 217-841-6203
Listing courtesy of mred MLS as distributed by MLS GRID.
Based on information submitted to the MLS GRID as of 4/18/2026, 1:52:02 PM. All data should be independently verified.
This home is under contract but the seller is accepting backup offers. Contact a dwello agent to submit.
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