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    Danville, IL
    1031 Exchange

    Danville, IL 1031 Exchange Properties for Sale

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    Tilton, IL Westville, IL Catlin, IL Oakwood, IL Perrysville, IN Georgetown, IL Covington, IN Williamsport, IN
    34-Room Motel with Expansion Land
    Updated: Apr 2
    34-Room Motel with Expansion Land

    1824 E Main Street, Danville, IL 61832

    $500,000
    0.92 AC lot
    34 exterior‑entry guest rooms
    Three parcels totaling 0.9238 acres
    On‑site 3‑bedroom apartment
    Two vacant parcels included with the motel improvements
    Recently installed roof with warranty
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    34-Room Motel with Expansion Land
    Updated: Aug 17
    34-Room Motel with Expansion Land

    1824 E Main St, Danville, IL 61832

    $500,000
    20,077 sqft 0.92 AC lot
    34 exterior‑entry guest rooms
    Three parcels totaling approximately 0.92 acres, including two vacant parcels
    On‑site 3‑bedroom apartment
    New roof installation backed by warranty
    Zoned B1 Neighborhood Business
    View details
    See hot listings in Danville

    Scored against comparables nationwide. These are worth a look.

    Scored against comparables nationwide. These are worth a look.

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    Based on your search, we've compiled 6 Potential Opportunities for your consideration. Besides 2 Active listings in Danville, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Renovated Multi-Tenant Warehouse
    Renovated Multi-Tenant Warehouse

    3031 South Holt Road, Indianapolis, IN 46221

    $795,000
    10,000 sqft

    Renovated industrial space with C5 zoning and automotive uses permitted.

    View details
    Leased Office Complex
    Leased Office Complex

    1523 Essington Road, Joliet, IL 60435

    $2,495,000
    1.27 AC lot

    The property combines medical and office occupancy with tenant-managed utilities and insurance.

    View details
    New Construction Duplex with Garages
    New Construction Duplex with Garages

    752 N Elder Avenue, Indianapolis, IN 46222

    $449,999
    0.10 AC lot

    Two updated rental residences offer private garage parking, in-unit laundry, and durable contemporary finishes.

    View details
    Multi-Tenant Office Building
    Multi-Tenant Office Building

    1513 Essington Road, Joliet, IL 60435

    Contact for pricing
    11,842 sqft

    Fully leased office property with medical-sector occupancy and flexible lease structures across multiple suites.

    View details

    Danville, IL 1031 Exchange Properties Market Trends and Statistics

    Explore 2 1031 exchange properties for sale in Danville, IL on our real estate platform. These investment opportunities span a total of 20,077 square feet of properties for sale, with an estimated market value of $1,000,000.

    Sale prices for 1031 exchange properties in Danville, IL average $500,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    1031 exchange properties 2
    NNN properties 1
    Schools 1

    Demographics Overview

    Population 42K
    Population Growth (5Y) -11.4%
    Median Household Income $52,334
    College Educated 20.4%

    High-Yield Neighborhoods for Investment

    Identify Danville submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    61832 $500K

    Taxes & Financing

    Tax Rate (average for all types) 9.28%
    Tax Rate vs County Average 0.11 pp above county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Vermilion County

    New Delisted

    Property Size Breakdown

    The majority of commercial real estate listings in Danville fall within the 10,000 to 25,000 square foot range.

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