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Five-Unit Apartment Building
For Sale
$129,900

716 Robinson Street, Danville, IL 61832

MULTI_FAMILY - Danville, IL

Property SizeContact for details
Lot Size0.35 Acres
Days on Market78

Property Features for 716 Robinson Street

General Information

Property type Residential Multi Family
Property subtype Other
Zoning MULTI
Bedrooms 25
Bathrooms 15
Full bathrooms 15
Rooms Bathroom 13, Bedroom 7, Bedroom 21, Bedroom 15, Bedroom 9, Bedroom 17, Bedroom 6, Bedroom 18, Bathroom 11, Bedroom 24, Bedroom 1, Bedroom 2, Bedroom 22, Bedroom 23, Bedroom 20, Bathroom 5, Bathroom 8, Bathroom 2, Bedroom 11, Bathroom 9, Bedroom 16, Bathroom 15, Bedroom 12, Bathroom 3, Bedroom 10, Bathroom 14, Bedroom 3, Bathroom 6, Bedroom 13, Bathroom 1, Bathroom 7, Bedroom 25, Bedroom 5, Bedroom 8, Bedroom 14, Bathroom 4, Bedroom 19, Bathroom 10, Bedroom 4, Bathroom 12
Directions Drive west on East Main St/US 136. Bear right to stay on East Main St/US 136. Right to North Gilbert St/US 136/IL 1. Left to West Woodbury St. Property is on the left.
Subdivision Danville
Standard status Active
APN 23053020420000
Lot size 0.35 Acres

Taxes and HOA fees

Tax Year 2024
Tax Annual Amount 857

Building Details

Year built 1940
Floors in Building 1
Number of units 5
Listing Agency: Beycome Brokerage Realty LLC
Listed By: Jeffrey Sklar · License #471.021523
Added: May 27 Changed: Aug 4 Last Checked: Aug 12 at 12:06AM
MLS# 12659837

Copyright © 2026 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.

Investment Insights

Based on property information with market context.

Five-unit apartment building with a duplex-and-house configuration on one parcel and a duplex on a second parcel, for a total of 5 units. The unit mix consists of four 2-bedroom, 1-bath units and one 1-bedroom, 1-bath unit.

The property is zoned MULTI and sits on a 0.35-acre lot. It was built in 1940.

Units are described as rent ready, and one of the 2-bedroom units is noted as already rented. This creates a straightforward start for an owner seeking to lease remaining units while maintaining the existing, consistent rental unit configuration across the five homes.

Key Highlights

  • Total of 5 units: four 2 bed/1 bath and one 1 bed/1 bath
  • Duplex‑and‑house on one parcel plus duplex on a separate parcel
  • Zoned MULTI

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Parking Lot & Garage Skin Care Clinic Cafe & Coffee Shop Garden Center Grocery & Convenience Store Food Market

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

5
Residential units

Location Intelligence

Trade Area within ½ mile

1,103
Businesses Nearby

Demographics for 61832, IL

32,878
Population
16,390
Households
2
Avg Household Size
40
Median Age
17%
College-Educated
90%
High-School Grad
27.3 sq mi
ZIP Area
1,204
Density / Sq Mi
$45,264
Median Household Income
$37,288
Median Earnings
$805
Median Rent
$78,400
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
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Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Apartment building - Five-unit apartment building totaling 0.35 acres, zoned MULTI and built in 1940.
Where is this apartment building located?
The property is located at 716 Robinson Street Danville, IL.
What is the asking price?
The asking price for this property is $129,900.
What are key features of this property?
This property features: Total of 5 units: four 2 bed/1 bath and one 1 bed/1 bath; Duplex‑and‑house on one parcel plus duplex on a separate parcel; Zoned MULTI
More about this property
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