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    Danville, IL
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    Danville, IL Commercial Land for Sale

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    7 properties
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    Waterfront Retail Corridor Land
    Updated: Mar 3
    Waterfront Retail Corridor Land

    2606 North Vermilion, Danville, IL 61832

    $175,000
    1.61 AC lot
    1.61‑acre parcel overlooks Lake Vermilion
    Recently demolished building; tanks have been removed
    Located along the north retail corridor of Danville
    Neighbors include Wendy’s, Wing Stop, and Dairy Queen, plus other retail/restaurant spaces
    View details
    Commercial Development Land Parcel
    Updated: Jul 3
    Commercial Development Land Parcel

    3671 Southgate Dr, Danville, IL 61834

    Contact for pricing
    32.00 AC lot
    Commercially zoned development land offered as a whole with 2 to 32 acres of available lots
    Located near Golden Nugget Danville Casino and immediately adjacent to Interstate 74
    Access includes an existing curb cut along Southgate Drive
    Planned internal roadway configuration offers flexibility for future site planning
    Regional access and exposure along the I‑74 corridor serving Illinois and Indiana markets
    View details
    Commercial Lot Along Busy Road
    Commercial Lot Along Busy Road

    128 S Gilbert St, Danville, IL 61832

    $59,900

    Commercial land provides prominent exposure along a busy, high-traffic roadway.

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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.

    Cap Rate available after sign in
    Est. NOI available after sign in
    Local Demand available after sign in
    Commercial Land Near Medical Clinics
    Commercial Land Near Medical Clinics

    611 North Logan Avenue, Danville, IL 61832

    $79,000
    36,590 sqft

    Commercial parcel situated between OSF and Carle Clinic, offering a central setting for future development.

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    Land in High-Traffic Danville Location
    Land in High-Traffic Danville Location

    14 N Gilbert St, Danville, IL 61832

    $69,900
    0.14 AC lot

    Commercial land for sale in Danville's high-traffic area.

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    Tilton Exchange Retail Development Land
    Tilton Exchange Retail Development Land

    Tilton Exchange, Danville, IL 61833

    Contact for pricing

    Land lots available in Tilton Exchange retail development.

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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Retail Site Near Menards, Walmart
    Retail Site Near Menards, Walmart

    North Vermilion Street & Newell Avenue, Danville, IL 61832

    Contact for pricing
    6.62 AC lot

    6.62 acre retail site in Danville Crossing.

    View details
    Based on your search, we've compiled 19 Potential Opportunities for your consideration. Besides 7 Active listings in Danville, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 8 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.

    Commercial Land Parcel
    Commercial Land Parcel

    1228 E Main Street, Attica, IN 47918

    $350,000
    1.60 AC lot

    A 1.6-acre commercial parcel near retail, hotel, campground, and planned residential development in Attica.

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    Commercial Land with Utilities
    Commercial Land with Utilities

    534 E State Road 28, Williamsport, IN 47993

    $425,000

    Public water, electric, and natural gas serve the property near Williamsport.

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    Commercial Land with Public Utilities
    Commercial Land with Public Utilities

    534 E state road 28 Highway, Williamsport, IN 47993

    $425,000
    2.40 AC lot

    Water, electricity, and natural gas are available for development.

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    Suburban Commercial Development Land
    Suburban Commercial Development Land

    1228 E Main St, Attica, IN 47918

    Contact for pricing

    Retail-corridor acreage in Attica with suburban zoning and established commercial activity nearby.

    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.

    3565 Vermilion St
    VACANT COMMERCIAL LAND

    3565 Vermilion St, Danville, IL 61832-1337

    Estimated value:
    $250,000
    2.84 AC lot
    View details
    Danville, IL 61834
    VACANT COMMERCIAL LAND

    Danville, IL 61834

    Estimated value:
    $265,000
    6.90 AC lot
    View details
    Danville, IL 61834
    VACANT COMMERCIAL LAND

    Danville, IL 61834

    Estimated value:
    $245,000
    1.15 AC lot
    View details
    Danville, IL 61834
    VACANT COMMERCIAL LAND

    Danville, IL 61834

    Estimated value:
    $245,000
    1.27 AC lot
    View details
    Danville, IL 61834
    VACANT COMMERCIAL LAND

    Danville, IL 61834

    Estimated value:
    $245,000
    1.08 AC lot
    View details
    Danville, IL 61834
    VACANT COMMERCIAL LAND

    Danville, IL 61834

    Estimated value:
    $295,000
    4.84 AC lot
    View details
    Danville, IL 61832
    VACANT COMMERCIAL LAND

    Danville, IL 61832

    Estimated value:
    $245,000
    1.31 AC lot
    View details
    Danville, IL 61834
    VACANT COMMERCIAL LAND

    Danville, IL 61834

    Estimated value:
    $255,000
    1.38 AC lot
    View details

    Danville, IL Commercial Land Market Trends and Statistics

    Explore 15 commercial land for sale in Danville, IL, showcased through 7 active listings on our real estate platform. These investment opportunities span a total of 1,795,107 square feet of properties for sale, with an estimated market value of $383,800.

    Sale prices for commercial lots in Danville, IL start at $59,900, averaging $95,950, and reaching up to $175,000 — 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

    Residential land & home lots 10
    Commercial land 7
    Waterfront Land 4
    Agricultural land / Farmland 3
    Hunting land 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 $96K

    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 1 to 5 acres range.

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