Danville, IL Commercial Real Estate for Sale

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Updated: Jul 8

Flex Space with Office

1 South Street, Danville, IL 61832

$1,200,000

1.91 AC lot

15,904sqft +/- total facility area
Two shop areas measuring 96'x88' and 60'x88'
16' ceiling height and 14' overhead door height
1.9054‑acre property
1,600sqft +/- office measuring 32'x50'

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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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Corner Lot in Danville, IL

616 Robinson Street, Danville, IL 61832

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0.29 AC lot

Corner lot offers convenience to restaurants, shopping, and amenities.

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Mixed-Use Downtown Office/Retail

146 N Vermilion St, Danville, IL 61832

$120,000

4,800 sqft

Two buildings under one roof offer flexible office and retail configurations plus shared parking and storage.

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Bar & Grill with Detached Garage

3124 Perrysville Road, Danville, IL 61834

$599,900

0.50 AC lot

Bar-and-grill property includes seating, refrigeration, ice equipment, and a detached garage.

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Flexible Warehouse and Showroom

533 E Main St, Danville, IL 61832

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7,000 sqft

Flex building with front open showroom/retail space, offices and restrooms, plus rear warehouse with two drive-through doors.

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Turn-Key Commercial Buildings For Sale

2412 Georgetown Road, Danville, IL 61832

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5,800 sqft 2.82 AC lot

2.82-acre property with three commercial buildings, two turn-key.

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Drive-Through Restaurant Building

2201 E MAIN ST, Danville, IL 61832

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3,000 sqft

Configured for food service with a kitchen, customer seating, storefront parking, and B-2 Highway Business zoning.

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Two-Story Medical Office Building

600 N. Logan Ave, Danville, IL 61832

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9,510 sqft

Custom-built two-story facility includes waiting room, offices, exam rooms, retail space, and multiple support rooms.

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34-Room Exterior-Entry Motel

1824 E Main Street, Danville, IL 61832

$500,000

0.92 AC lot

Operating hospitality property with guest rooms, an on-site apartment, and additional land along East Main Street.

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Multi-Building Industrial and Office Property

701 TILTON RD, Danville, IL 61832

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7,323 sqft

Three buildings with multiple overhead doors and office space provide flexible setup for storage, operations, or mixed use.

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Mixed-Use Property with Income Potential

110 N Vermilion St, Danville, IL 61832

$125,000

5,726 sqft 0.18 AC lot

Commercial property with business and residential income potential in Danville.

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Danville Transportation Warehouse For Sale

200 E 14th St, Danville, IL 61832

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7,824 sqft 1.60 AC lot

7,824 SF transportation warehouse on 1.6 acres in Danville, IL.

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Historic Office Building

28 W North Street, Danville, IL 61832

$725,000

Extensively remodeled three-story office building with passenger elevator, multiple bathrooms, and kitchenettes on each floor.

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Retail

2917 N Vermilion St, Danville, IL 61832

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126,153 sqft 10.21 AC lot

Shopping centers · 126,153 SF

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Multi-Building Industrial Flex Property

1706 Warrington Ave, Danville, IL 61832

$350,000

Heated clear span warehouse with conditioned office space plus three additional warehouse buildings and a fenced outdoor storage lot.

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Two-Tenant Retail Investment Opportunity

302 W Fairchild St, Danville, IL 61832

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3,000 sqft

Fully occupied retail property with long-term leases and built-in rent growth.

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Retail Building with Two Tenants

3546 N Vermilion St, Danville, IL 61832

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3,520 sqft 0.83 AC lot

Single-tenant-occupied retail building leased to Verizon and Sport Clips under triple net arrangements.

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Commercial Development Land Parcel

3671 Southgate Drive, Danville, IL 61834

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32.00 AC lot

Commercially zoned development land with established access off Southgate Drive for flexible retail, service, and mixed-use concepts.

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Former Bank Building on Vermilion

2806 N Vermilion St, Danville, IL 61832

$239,000

0.86 AC lot

Former bank building with high visibility and ample parking.

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Versatile Office Space Near Hospitals

701 W Fairchild Street, Danville, IL 61832

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10,000 sqft

9,381 SF office space ideal for medical or professional use.

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Professional Office Building with Basement

1012 W Fairchild St, Danville, IL 61832

$160,000

0.30 AC lot

Well-maintained office building featuring recent upgrades and ample parking.

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Medical Office Space with 13 Exam Rooms

735 N Logan Ave, Danville, IL 61832

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8,296 sqft

Medical office with 13 exam rooms, reception and check-in, lab area, and full basement with break room and office space.

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Auto Shop Building with Ample Parking

619 E Main Street, Danville, IL 61832

$85,000

Commercial auto shop building with flexible space for customers and inventory, plus ample parking for day-to-day operations.

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Danville, IL Commercial Real Estate Market Trends and Statistics

Explore 72 commercial real estate for sale in Danville, IL, showcased through 69 active listings on our real estate platform. These investment opportunities span a total of 290,721 square feet of properties for sale, with an estimated market value of $6,666,400.

Sale prices for business properties in Danville, IL start at $30,000, averaging $289,843, and reaching up to $1,200,000 — 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	$302.9K
61834	$612.4K

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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