Building Details

Year Built 1940

Listing Agency: eXp Realty-Champaign

Listed By: J Leman · License #475184798 Show Phone

Source: Kw

Added: Feb 26 Changed: Sep 2 Last Checked: Sep 5 at 7:35PM

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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?

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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 Street Danville, IL.

What is the asking price?

The asking price for this property is $54,000.

What are key features of this property?

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