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1819 Philo Rd
Urbana, IL 61802
BIG BOX SHOPPING CENTER FOR SALE · Retail Property For Sale

PROPERTY FACTS

Property Type
Retail
Building Size
62,124 SF
Building Class
C
Year Built
1992
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.20
Lot Size
7.21 AC
Zoning
B-3 - General Business
Parking
167 Spaces (0 Spaces per 1,000 SF Leased)
Frontage
298’ on E Colorado Ave

ABOUT 1819 PHILO RD , URBANA, IL 61802

1813-1819 S Philo Road is a 62,124 square foot shopping center built in 1992 that is comprised of a 1,050 SF outlot building occupied by Exotic’s Smoke & Vape, a 56,974 SF grocery store occupied by Salt & Light (that can be delivered occupied or vacant), and inline retail occupied by First Wok (1,400 SF), and two vacant suites (1,300 SF & 1,400 SF). The grocery store portion is mostly wide open, with perimeter break room, offices, men’s and women’s restroom, and various storage areas. The rear of the building has one overhead door and three dock height doors for shipping and receiving. The building features a fully automatic sprinkler system and has pylon signage along Philo Road. Area Description The subject property is ideally located along Philo Road in Urbana, IL, and benefits from outstanding visibility and full access from both Philo Road and Colorado Avenue. The property is approximately one mile east of the University of Illinois at Urbana-Chamaign campus and is surrounded by a wide variety of retailers, office users and residential buildings. Area businesses include CVS, Planet Fitness, Burger King, Walgreens, McDonald’s, Sprint, and many others.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
93-21-21-126-040
Land Assessment
$101,640
Improvements Assessment
$234,020
Total Assessment
$335,660
  • Listing ID: 19131322

  • Date on Market: 4/6/2020

  • Last Updated:

  • Address: 1819 Philo Rd, Urbana, IL 61802

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