Danville, IL Commercial Real Estate for Sale

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42 properties

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Updated: Jul 8

Flex Facility with Office Space

1 South Street, Danville, IL 61832

$1,200,000

1.91 AC lot

15,904 sqft +/- total building area
Two shop areas measuring 96'x88' and 60'x88'
Office area measures 32'x50'; breezeway measures 24'x24'
16' ceiling height with 14' overhead door height
1.9054‑acre site

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Updated: Aug 31

Mixed-Use Building with Garage

147 N Walnut Street, Danville, IL 61832

$259,900

0.28 AC lot

23,000‑square‑foot mixed‑use property on a 0.2808‑acre lot
Garage area accommodates mechanical repairs
Upper level includes a stage and large event room
Office areas, event spaces, and a chef’s kitchen
Corner location at Walnut and Harrison streets in downtown Danville

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34-Room Motel with Expansion Land

1824 E Main Street, Danville, IL 61832

$500,000

0.92 AC lot

Operating exterior-entry motel with an on-site apartment and additional parcels along Danville’s East Main Street corridor.

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Turn-Key Commercial Buildings For Sale

2412 Georgetown Road, Danville, IL 61832

$649,000

5,800 sqft 2.82 AC lot

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

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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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34-Room Motel with Expansion Land

1824 E Main St, Danville, IL 61832

$500,000

20,077 sqft 0.92 AC lot

Operating hospitality property with exterior-entry rooms, an apartment, vacant parcels, and a recently installed roof.

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Bar & Grill with Equipment

3124 Perrysville Rd, Danville, IL 61834

$599,900

3,000 sqft

Bar and grill property with seating, refrigeration equipment, and a detached garage.

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Mixed-Use Building with Event Space

147 N Walnut St, Danville, IL 61832

$259,900

23,236 sqft

Flexible commercial building with office areas, event rooms, a chef’s kitchen, and a repair-capable garage.

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Flex Facility With Two Shops

1 South St, Danville, IL 61832

$1,200,000

15,904 sqft

Commercial facility combines dedicated shop areas with office space and a connecting breezeway.

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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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Single-Story Medical Office

3545 N VERMILION ST, Danville, IL 61832

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10,238 sqft

Patient care and support areas are arranged within a flexible medical office floor plan.

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Large-Block Office Building

3290 East Main Street, Danville, IL 61834

Contact for pricing

63,123 sqft 7.45 AC lot

Office facility subject to an Absolute NNN lease with repositioning flexibility under I-1 Light Industrial zoning.

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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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Multi-Building Industrial and Office Property

701 TILTON RD, Danville, IL 61832

Contact for pricing

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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Multi-Tenant Distribution Center

1901 E Voorhees St, Danville, IL 61832

Contact for pricing

399,045 sqft

Industrial-zoned distribution facility with substantial 2025 renovations, multiple loading options, and full occupancy by three tenants.

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Waterfront Retail Corridor Land

2606 North Vermilion, Danville, IL 61832

$175,000

1.61 AC lot

1.61-acre parcel overlooks Lake Vermilion, with a recently demolished building and removed tanks.

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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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Two-Tenant Retail Investment Opportunity

302 W Fairchild St, Danville, IL 61832

Contact for pricing

3,000 sqft

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

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Standalone Office Building

1019 E Fairchild St, Danville, IL 61832

$140,000

Former financial branch with B-2 Highway Business zoning in Danville, Illinois.

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42-Unit Hotel with Interior Corridors

360 Eastgate Dr, Danville, IL 61834

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30,584 sqft

Two-story hospitality property with on-site manager’s quarters and a 2023 Baymont conversion.

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Commercial Development Land Parcel

3671 Southgate Dr, 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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Agricultural Land Parcel

2920 Vine St, Danville, IL 61834

$40,000

6 sqft

For-sale agricultural land parcel in Danville, Illinois.

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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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Danville, IL Commercial Real Estate Market Trends and Statistics

Explore 72 commercial real estate for sale in Danville, IL, showcased through 42 active listings on our real estate platform. These investment opportunities span a total of 715,017 square feet of properties for sale, with an estimated market value of $8,580,100.

Sale prices for business properties in Danville, IL start at $39,900, averaging $330,003, 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	$380.1K
61834	$451.7K

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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