Apartment Building

Danville, IL Apartment Buildings for Sale

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Five-Unit Apartment Building
Updated: May 27
Five-Unit Apartment Building

716 Robinson Street, Danville, IL 61832

$129,900
0.35 AC lot
Total of 5 units: four 2 bed/1 bath and one 1 bed/1 bath
Duplex‑and‑house on one parcel plus duplex on a separate parcel
Zoned MULTI
0.35‑acre lot
Built in 1940
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Mixed-Use Property with Income Potential
Updated: Dec 8, 2025
Mixed-Use Property with Income Potential

110 N Vermilion St, Danville, IL 61832

$125,000
5,726 sqft 0.18 AC lot
New roof replaced in November 2025 with a 20‑year manufacturer's warranty.
Commercial property with two separate buildings under one roof.
Total of 5,726 square feet of space.
Upstairs area suitable for apartment renovation.
One building includes a reception area, offices, and two bathrooms.
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Apartment Building
Apartment Building

315 Robinson Street, Danville, IL 61832

$89,900
1,997 sqft

Apartments include kitchen appliances, window A/C, and building-wide boiler heat.

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Five-Unit Residential Income Property
Five-Unit Residential Income Property

716 Robinson Street, Danville, IL 61832

Contact for pricing
4,300 sqft

Residential income property with five units total, including four two-bedroom apartments and one one-bedroom apartment.

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Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 4 Active listings in Danville, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 1 Off-Market properties to explore as potential leads

Opportunities in Nearby Cities

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

Updated Condo with Modern Amenities
Updated Condo with Modern Amenities

1310 Brighton Drive #1310, Urbana, IL 61801

$125,000

Move-in ready 3-bedroom condo with recent updates and convenient location.

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Student Rooming House with Parking
Student Rooming House with Parking

805 W Oregon Street, Urbana, IL 61801

Contact for pricing

A 10-bedroom rooming house currently leased through July 2027 with strong student-group fit and on-site parking.

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Multifamily Apartment Building with Balconies
Multifamily Apartment Building with Balconies

1007 S Locust St, Champaign, IL 61820

Contact for pricing

Fully leased multifamily property with in-unit laundry and dishwashers, plus most units featuring private balconies.

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Student Housing Apartment Building
Student Housing Apartment Building

203 E Stoughton St, Champaign, IL 61820

Contact for pricing

24 fully furnished one-bedroom units each include an in-unit washer/dryer and flat screen TV.

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Off-Market Properties in Danville, IL

Consider similar Off-Market properties in Danville, IL. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

822 Texas Ave
Multifamily properties

822 Texas Ave, Danville, IL 61832

Value Estimation by Request
0.15 AC lot
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Danville, IL Apartment Buildings Market Trends and Statistics

Explore 5 apartment buildings for sale in Danville, IL, showcased through 4 active listings on our real estate platform. These investment opportunities span a total of 12,023 square feet of properties for sale, with an estimated market value of $344,800.

Sale prices for two-family homes in Danville, IL start at $89,900, averaging $114,933, and reaching up to $129,900 — 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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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 $139.9K

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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