Mixed-Use Property with Income
For Sale
$125,000
110 N Vermilion St, Danville, IL 61832
Commercial property with business and residential income potential in Danville.
Property Size5,726 SF
Lot Size0.18 Acres
Price / SF$21.83
Days on Market255
Property Features for 110 N Vermilion St
General Information
Standard status
Active
Size
5,726 SF
Lot size
0.18 Acres
Taxes and HOA fees
Annual Taxes
$3,329
Listing Agency:
Keller Williams Realty - Danville
(217) 918-0087
Listed By:
Hayley Siefert · License #475
(217) 918-0087
Source:
Exprealty
Added: Dec 8, 2025
Changed: Aug 20
Last Checked: Aug 20 at 1:29PM
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 Keller Williams Realty - Danville
Investment Insights
Based on property information with market context.
This mixed-use commercial property features two interconnected buildings under a single roof, totaling 5,726 square feet. The property offers the potential for both business operations and residential income generation. One building includes a reception area, multiple offices, and two bathrooms. The other building contains five office spaces, a reception area, and one bathroom. The entire upstairs area presents an opportunity for renovation into apartments. The roof was replaced in November 2025 with a Duro-Last PVC roofing membrane, which includes a 20-year manufacturer's warranty.
Key Highlights
- New roof replaced in November 2025 with a 20‑year manufacturer's warranty.
- Commercial property with two separate buildings under one roof.
- Total of 5,726 square feet of space.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,005
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 Office in Midwest region
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Commercial property with business and residential income potential in Danville.
Where is this mixed-use property located?
The property is located at 110 N Vermilion St Danville, IL.
What is the asking price?
The asking price for this property is $125,000.
What are key features of this property?
This property features: New roof replaced in November 2025 with a 20‑year manufacturer's warranty.; Commercial property with two separate buildings under one roof.; Total of 5,726 square feet of space.
