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    Danville, IL Apartment Buildings for Sale

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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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    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 1 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.

    16-Unit Brick Apartment Buildings
    16-Unit Brick Apartment Buildings

    1942 County Road 3000 North, Rantoul, IL 61866

    $685,000
    63,732 sqft

    Two residential buildings offer a defined unit mix, private utility systems, resident parking, and owner-supplied appliances.

    View details
    7-Unit Townhouse-Style Apartments
    7-Unit Townhouse-Style Apartments

    2012 Vawter Street, Urbana, IL 61801

    $529,000

    Updated, fully occupied apartments with central air, covered parking, and basement storage and laundry areas.

    View details
    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.

    View details
    16-Unit Apartment Complex
    16-Unit Apartment Complex

    1942 COUNTY ROAD 3000N, Rantoul, IL 61866

    $685,000
    1.45 AC lot

    Two all-brick residential buildings offer varied one- and two-bedroom layouts with tenant-paid utilities and on-site parking.

    View details

    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

    Estimated value: by Request
    0.15 AC lot
    View details

    Danville, IL Apartment Buildings Market Trends and Statistics

    Explore 2 apartment buildings for sale in Danville, IL on our real estate platform. These investment opportunities span a total of 5,726 square feet of properties for sale, with an estimated market value of $125,000.

    Sale prices for two-family homes in Danville, IL average $125,000 — 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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    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 $125K

    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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