Building Details

Year Built 1940

Buildings 1

Units 2

Listing Agency: LOYD Realty

Listed By: Eli Ahmadov · License #FL

Source: Crexi

Added: Feb 10 Changed: Aug 13 Last Checked: Aug 12 at 8:10AM

Report an Issue

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of LOYD Realty

Investment Insights

Based on property information with market context.

This multifamily property, with a size of 1400 square feet, presents an investment opportunity in a central location.

Key Highlights

• Centrally located
• Investment opportunity
• Built in 1940

Property Analytics

Property Profile

Current Use

Multifamily properties

Suggested Use

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

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

Location Intelligence

Trade Area within ½ mile

748

Businesses Nearby

Explore this area Business Placement

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

Questions? Ask Rey

Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

What type of property is this? Where is this multifamily properties located? What is the asking price? Find similar properties ... What are key features of this property?

Ask Rey about this property ...

Similar For Sale Nearby

Mixed-Use Downtown Office/Retail

146 N Vermilion St, Danville, IL 61832

$120,000

4,800 SF

View details

Flex Space with Office

1 South Street, Danville, IL 61832

$1,200,000

1.91 Acres

View details

Flexible Warehouse and Showroom

533 E Main St, Danville, IL 61832

Contact for pricing

7,000 SF

View details

Turn-Key Commercial Buildings For Sale

2412 Georgetown Road, Danville, IL 61832

Contact for pricing

5,800 SF

View details

Mobile Home Park with Multi-Use Building

3117 E Voorhees St, Danville, IL 61834

$249,900

3,200 SF

View details

American Inn Motel For Sale

1824 E Main Street, Danville, IL 61832

$500,000

0.92 Acres

View details

Drive-Through Restaurant Building

2201 E MAIN ST, Danville, IL 61832

Contact for pricing

3,000 SF

View details

Two-Story Medical Office Building

600 N. Logan Ave, Danville, IL 61832

Contact for pricing

9,510 SF

View details

34-Room Exterior-Entry Motel

1824 E Main Street, Danville, IL 61832

$500,000

0.92 Acres

View details

Multi-Building Industrial and Office Property

701 TILTON RD, Danville, IL 61832

Contact for pricing

7,323 SF

View details

Mixed-Use Property with Income Potential

110 N Vermilion St, Danville, IL 61832

$125,000

5,726 SF

View details

Danville Transportation Warehouse For Sale

200 E 14th St, Danville, IL 61832

Contact for pricing

7,824 SF

View details

Frequently Asked Questions

What type of property is this?

Multifamily property - Multifamily investment opportunity in a central location.

Where is this multifamily property located?

The property is located at 1003 N Franklin St Danville, IL.

What is the asking price?

The asking price for this property is $79,900.

What are key features of this property?

This property features: Centrally located; Investment opportunity; Built in 1940