1102 W University Avenue — Urbana, IL 61801
Active Under Contract
▼ $130,000
Urbana, IL 61801

1102 W University Avenue

$1,250,000
0 beds · 0 baths
$130,000 below original 141 days on market $27,890/yr taxes
01About 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.

02Inside the home
03By the numbers
$1,250,000
List price
Square feet
Bedrooms
Bathrooms
Year built
Lot size
Garage spaces
$27,890
Annual taxes
Bus / Bus w/Real Est
Style
141
Days on market
04Features
Cooling
Central Air
Construction
Wood
05Neighborhood
  • Chongqing House 100 ft
  • Burger King 200 ft
  • Taco Bell 400 ft
  • DQ Grill & Chill 650 ft
  • Einstein Bros. Bagels 800 ft
  • Perkins 850 ft
  • Circle K 0.4 mi
  • Circle K 0.4 mi
  • Circle K 0.5 mi
  • Far East Grocery 0.5 mi
  • Target 0.6 mi
  • World Harvest 0.6 mi
  • Beckman Quadrangle 0.3 mi
  • King Park 0.4 mi
  • John Bardeen Engineering Quadrangle 0.4 mi
  • Phillips Recreation Center Playground 0.5 mi
  • Alma Mater Plaza 0.5 mi
  • Hallene Gateway Plaza 0.6 mi
  • BakeLab 950 ft
  • Espresso Royale 0.2 mi
  • Beckman Cafe 0.3 mi
  • The Daily Byte 0.3 mi
  • Espresso Royale 0.4 mi
  • Espresso Royale 0.4 mi
POI data via Mapbox · OpenStreetMap contributors
06History

Every event we have for this address, straight from the MLS.

Jun 8, 2026
Price reducedThis listing
Coldwell Banker R.E. Group
$1,250,000
−$130,000
Jan 20, 2026
Listed for saleThis listing
Coldwell Banker R.E. Group
$1,380,000
Sourced from MRED. Older events appear here as our history backfill completes.
07Ask Dwello

Real answers about this home — pricing, schools, what to ask, anything.

08See it for yourself

Stand in the kitchen.
See the light at 4pm.

Photos can only do so much. Pick a time — we'll meet you at the door.

Connect with Ewelina, Anna, or Nadeem — real people on our team, no call centers.
09Similar homes
Listed by Coldwell Banker R.E. Group · Jeremy Brandow · 217-841-6203
MLS data provided through MLS GRID · MRED MLS · MLS# MRD12550545
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