Accepting Backups

1102 University Avenue

Urbana, IL 61801
$1,250,000 ▼ $130,000 from $1,380,000
0beds
0baths
sqft
Ask Dwello about this home
Anything from "is it priced right?" to "what's the catch?"

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.

You + your agent

What do you think?

React below so your dwello agent knows how you feel. Leave a note to start a conversation about this home.

Loading…