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    123 N Gilbert St Danville, IL 61832

    New
    For Sale
    $90,000

    Residential Income - Danville, IL

    Lot size:
    0.12 Acres
    Days on Market:
    5
    Last Refresh:
    Dec 7 at 12:06 pm

    Property Features for 123 N Gilbert St

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Rooms
    Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4
    Bedrooms
    4
    APN
    23081120060000
    Lot size
    0.12 Acres

    Utilities

    Heating system
    Natural Gas

    Building Details

    Year built
    1940
    Roof type
    Asphalt
    Architectural style
    Other

    eXp Realty, LLC (888) 574-9405 [email protected]

    Listing agent J Leman (888) 574-9405 License #475184798

    Listing date Dec 3, 2025

    MLS# 12453436 Listing URL

    Copyright © 2025 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Danville Duplex with Rental Income

    This two-story duplex, located in Danville, Illinois, is fully rented and professionally managed. It features a two-bedroom, one-bathroom unit and a one-bedroom, one-bathroom unit. The combined rent for both units is $1576. The property, situated on a 0.12-acre lot, blends old charm with functionality in a central location. It includes hardwood floors and woodwork.
    Property Profile Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Danville
    County
    Vermilion
    State
    Illinois
    Longitude
    -87.63538
    Latitude
    40.126766

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    FAQs

    What type of property is this?
    Duplex - Two-unit duplex in Danville, Illinois, fully rented and managed.
    Where is this duplex located?
    The property is located at 123 N Gilbert St Danville, IL.
    What is the asking price?
    The asking price for this property is $90,000.
    What are key features of this property?
    This property features: - Fully rented duplex generating $1576 combined rent.; - Professionally managed property.; - Two units: one 2-bed/1-bath and one 1-bed/1-bath.
    (888) 574-9405
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    123 N Gilbert St Danville, IL 61832
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    Danville, IL 61832
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    123 N Gilbert St Danville, IL 61832
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