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    Danville, IL
    1031 Exchange

    Danville, IL 1031 Exchange Properties for Sale

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    Tilton, IL Westville, IL Georgetown, IL
    American Inn Motel For Sale
    Updated: Apr 2
    American Inn Motel For Sale

    1824 E Main Street, Danville, IL 61832

    $500,000
    0.92 AC lot
    Strategic location on East Main Street (U.S. Route 136) near Interstate 74 and within Danville's Campus Corridor TIF District, offering potential financial incentives.
    Strong income growth: Gross income increased from $199,793 in 2022 to $249,320 in 2023.
    Proximity to major demand generators: VA Illiana Health Care System, Danville Area Community College (DACC), and Golden Nugget Danville Casino.
    Additional land included: Situated on 0.92 acres with two vacant parcels for potential development or expansion.
    On‑site 3‑bedroom apartment: Ideal for owner occupancy or generating rental income.
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    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 1 Active listings in Danville, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

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

    Two-Unit All-Brick Ranch Duplex
    Two-Unit All-Brick Ranch Duplex

    301-303 Carriage Drive, Morris, IL 60450

    $445,000

    Two separate units with in-unit laundry, private garages, and full basements—an all-brick ranch duplex in Morris.

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    Valvoline Corporate Lease Investment Opportunity
    Valvoline Corporate Lease Investment Opportunity

    700 Broadway Ave E, Mattoon, IL 61938

    $1,195,000

    New, long-term corporate lease with options in Mattoon, Illinois.

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    Fully Leased Warehouse with Overhead Doors
    Fully Leased Warehouse with Overhead Doors

    555 Michael Drive, Morris, IL 60450

    $495,000
    5,250 sqft

    Fully leased warehouse building with multiple overhead door bays and separate unit entrances for practical, tenant-ready operations.

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    New Dollar General Plus Store
    New Dollar General Plus Store

    1717 Lake Land Blvd, Mattoon, IL 61938

    $2,124,439
    10,566 sqft

    New 10,566 SF Dollar General Plus store in Illinois.

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    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Mature Building Site in Fairfield
    Mature Building Site in Fairfield

    1201 Walton Road, Fairfield, IA 52556

    $150,000
    2.50 AC lot

    Land with garage/shop, utilities, and home site excavation.

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    2.56 Acre Countryside Lot
    2.56 Acre Countryside Lot

    County Hwy B Lot 4, Neillsville, WI 54456

    $54,500
    2.56 AC lot

    2.56 acre lot suitable for residence, cabin, shop, or business.

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    Weiner, AR Build-Ready Lot
    Weiner, AR Build-Ready Lot

    649 South Street, Weiner, AR 72479

    $39,999
    0.39 AC lot

    0.39-acre lot with utilities, outbuildings, and storm shelter.

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    Mower County Tillable Farmland
    Mower County Tillable Farmland

    Hwy 218, Austin, MN 55912

    $749,000
    38.00 AC lot

    Productive, pattern-tiled tillable acres with paved-road access for growers and land investors.

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    Danville, IL 1031 Exchange Properties Market Trends and Statistics

    Explore 1 1031 exchange properties for sale in Danville, IL on our real estate platform. These investment opportunities span a total of 0 square feet of properties for sale, with an estimated market value of $500,000.

    Sale prices for 1031 exchange properties in Danville, IL start at $500,000, averaging $500,000, and reaching up to $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 1
    Churches & religious facilities 1
    NNN properties 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%

    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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