1309 E Washington Street Urbana, IL ^$ 499,900

1309 E Washington Street

^$ 499,900

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1309 E Washington Street

Urbana, IL, 61802

^$ 499,900

Bedrooms-- Baths-- Sq 4,563

Monthly Estimate*

^$ 3,119

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Commercial Property for sale in Urbana, IL

for $499,900. This 4,563 square foot building was built on a lot size of 0.521717.

The well-known Boomerangs Bar & Grill building is ready for new owners! This building has so much to offer with room for great potential. Inside the restaurant you'll find 3,024 square feet with 6 gaming machines, a live music space, and a nice outdoor patio space. There is an additional 1,539 square feet in the 3 garage bays, which could be used for additional capacity for seating or could be rented out for additional income. The business can be purchased for an additional cost. Contact us with questions or to schedule a showing!

Commercial Active

Price

^$ 499,900

Property Type

Commercial

Taxes

^$ 9,583

Style

Food & Beverage,Restaurant

Lot Size

0.521717

Town/City

Urbana

County/Region

Champaign

MLS | Web ID

12345636

Features

General

Cooling Central Air

Possession Closing

Zoning COMMR

Stories Count 1

Tax Year 2023

Business Type Food & Beverage Restaurant

Business Name BOOMERANGS BAR AND GRILL

County Champaign

Operating Expense 0

Property Type Business Opportunity Bus / Bus w/Real Est

Status Active

Directions Heading northwest on Philo Rd. turn east onto Washington St. The property will be located on the south side of the road.

City Urbana

MLS Area Urbana

Lot Size Square Feet 22726

Tax Annual Amount 9583.6

Additional Parcels Y/N N

Standard Status Active

Exterior

Building Area Total 4563

Lot Dimensions 150X151

* Excluded Features

List By

Keller Williams-Trec

Broker

steve@littlefieldhomes.com

Affordability Calculator

$3,917

Per Month

Monthly Principal & Interest: $3,119
Monthly Property Taxes: $799
Monthly Home Insurance: --

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Yearly Home Insurance

Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Commerical listings in Urbana, IL

Average List Price ^$556,600

Percent of Sale Price 11%

About Urbana, IL

41,987 Population

11% Since 2002

^$39,331 Median Income

26.41 Median Age

16% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

565567 Elementary School

567955 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
4/24/2025	$499,900		Listed Price

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1309 E Washington Street, Urbana, IL, 61802 is a Commercial Property for sale at $499,900 with 4,563 sqft and a lot size of 0.521717. The property's zip code is 61802 which is in Urbana, IL

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than Weichert Realtors are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the names of the listing brokers. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

Data is updated as of 12/10/2025.

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1309 E Washington Street

Commercial Property for sale in Urbana, IL

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