Apartment Building

Danville, IL Apartment Buildings for Sale

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Tilton, IL Westville, IL Georgetown, IL
Mixed-Use Property with Income Potential
Updated: Dec 8, 2025
Mixed-Use Property with Income Potential

110 N Vermilion St, Danville, IL 61832

$149,900
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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Based on your search, we've compiled 10 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, 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.

Downtown Champaign Mixed-Use Building
Downtown Champaign Mixed-Use Building

320 N Neil Street, Champaign, IL 61820

$1,250,000
5,865 sqft · 0.08 AC lot

Prime mixed-use property in downtown Champaign with rental income.

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Student Rooming House with Parking
Student Rooming House with Parking

805 W Oregon Street, Urbana, IL 61801

$349,900

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

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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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Downtown Champaign Mixed-Use Building
Downtown Champaign Mixed-Use Building

112 W Hill Street, Champaign, IL 61820

$1,995,000
18,576 sqft

Historic building with residential and commercial spaces in downtown Champaign.

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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.

Prime Development Land, Springfield MO
Prime Development Land, Springfield MO

N West Bypass, Springfield, MO 65802

$2,850,000
29.20 AC lot

29.2 acres of retail-zoned land for mixed-use development.

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Asheville Development Opportunity: 5.94 Acres
Asheville Development Opportunity: 5.94 Acres

215 N Bear Creek Road, Asheville, NC 28806

$2,500,000
5.94 AC lot

5.94-acre parcel zoned RM6, ideal for multi-family development.

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Greenville Development Opportunity: 1.33 Acres
Greenville Development Opportunity: 1.33 Acres

71 Salters Road, Greenville, SC 29607

$699,900
1.33 AC lot

1.33 acre parcel suitable for multi-family development near downtown.

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Land Near Shepherd University
Land Near Shepherd University

8285 MARTINSBURG Pike, Shepherdstown, WV 25443

$650,000
3.70 AC lot

Prime land near Shepherd University with development potential.

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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 2 apartment buildings 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 $0.00.

Sale prices for two-family homes in Danville, IL start at $0.00, averaging $0.00, and reaching up to $0.00 — 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%

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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