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Commercial > Other
Active
09/26/2025
List Price
$515,000

114 Race St
Urbana, IL 61801

114 Race St, Urbana, IL 61801 is a property built in 1900 on a 0.060 acre lot with 13 construction permits. This property is currently on the market for $515,000, and it was last sold in 2018 for $129,000.

MLS Description

The listing agent's description. Original Listing

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.

Listing Agents

The listing agent for 114 Race St is Jonah Weisskopf.

Permits

114 Race St has 13 permit records.

Permit History
13
Permits

Current Ownership

Information about the current owner(s).

Property History

114 Race St has undefined property events records (listings, deeds, permits, tax, foreclosure, loan).

Property Events

Environment

Environmental factors around 114 Race St

School Information

Public/private schools serving 114 Race St

Neighborhood

This property is located in 61801.

Market Trends

Historical market data near 114 Race St over selected time period.

Copyright © 2025 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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