AbodeABODE

1209 E Colorado Avenue

Urbana, IL 61801

1209 E Colorado Avenue, Urbana, IL 61801 — exterior front view
1209 E Colorado Avenue, Urbana, IL 61801 — exterior view
1209 E Colorado Avenue, Urbana, IL 61801 — exterior view

1209 E Colorado Avenue

Urbana, IL

$725,000

ActiveMLS #MRD12437290

1209 E Colorado Avenue

Urbana, IL 61801

$725,000

Reduced $90,000

List Price

Studio

Layout

4,312

Sq Ft

$168

/ Sq Ft

About This Property

Presenting an outstanding commercial opportunity in Urbana's B3 General Business District-this offering includes two contiguous parcels totaling 37,806 SF. The main building at 1209 E Colorado Ave is a well-maintained 4,312 SF office structure, currently configured for dental use but ideal for medical, professional, or general office tenants. The adjacent vacant lot at 1207 E Colorado Ave provides excess land for future expansion, additional parking, or redevelopment potential. This is a turn...

Property Details

Key Facts

Overview
Property TypeCommercial Sale
BedroomsStudio
Square Feet4,312
Price / Sq Ft$168
Days on Market331
Building
StyleOther
Year Built1999
Lot Size0.87 Acres
CountyChampaign
CoolingCentral Air
ExteriorBrick, Block
FoundationBlock, Concrete Perimeter
Lot Size0.87 Acres
Lot Dimensions290x260
Legal DescriptionLot 527 Ennis Ridge 6th Sub
MLS #MRD12437290
Days on Market331
List DateAugust 4, 2025
StatusActive
Annual Taxes$35,082
Listing Courtesy OfGUTH & ASSOCIATES,LLC

Price reduced

$725,000

$90,000

Jun 25, 2026

Listed for sale

MLS #MRD12437290

$815,000

Aug 4, 2025

Mortgage Estimate

$6,589

/month
Principal & Interest
$3,666
Property Taxes
$2,924
20% · $145,000
6.5%

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1209 E Colorado Avenue, Urbana, IL 61801

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Listing data is provided in part by Midwest Real Estate Data LLC (MRED). Information is deemed reliable but not guaranteed accurate and should be independently verified. Properties may be listed by brokerages other than Abode Real Estate. © 2026 Midwest Real Estate Data LLC. All rights reserved.

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