IL
Champaign
Urbana
61801
114 South Race St
114 South Race St, Urbana, IL 61801
Share Listing
Listing Type
Commercial/Industrial
Listing Status
active
1
$515,000

Home Details for 114 South Race St

Price
$515,000
Type
Commercial Sale
Bedrooms
0
Bathrooms
Square feet
NaN
Year built
1900
County
Champaign
Garage
Days on site
38
MLS Listing#
12481559
Property Description

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.

Property Features
  • Cooling Information
    • Central Air
Listing Courtesy: Weiner Co., Ltd.
Midwest Real Estate Data logo Based on information submitted to the MLS GRID as of 2025-09-26 10:08:19. 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 Updated: 2025-09-26 10:08:19
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EXIT REAL ESTATE PARTNERS
4901 Main Street, Downers Grove, IL 60515
Office
630 967 0400
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