Downtown Multi-Tenant Retail
For Sale
Contact for pricing
123 North Vermilion Street, Danville, IL 61832
Multi-tenant downtown retail building with vacant first-floor space and an upstairs suite with large windows.
Property SizeContact for details
Days on Market149
Property Features for 123 North Vermilion Street
General Information
Standard status
Active
Property subtype
Retail
Building Details
Year Renovated
2005
Tenancy
Multi
Listing Agency:
Realty 54
Listed By:
Larry Kuchefski · License #471.008990
(217) 918-0871
Source:
Crexi
Added: Apr 10
Changed: Aug 8
Last Checked: Jul 23 at 9:17AM
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 Realty 54
Investment Insights
Based on property information with market context.
This multi-tenant retail building offers two levels of potential. A vacant first-floor suite could be reconfigured into multiple retail shops, with each storefront opening to a spacious walkway between the front and the municipal parking area in back. The upstairs suite features large windows and high-clearance tin ceilings.
The property is centrally located in Downtown Danville’s Business/Retail District. The original façade was restored in 2005, and the building is described as having an opportunity for additional improvements.
From a layout standpoint, the first floor is suited to storefront retail arrangements oriented toward the walkway and back parking, while the upper level provides an interior volume highlighted by its high-clearance tin ceilings and natural light from the large windows.
The property is centrally located in Downtown Danville’s Business/Retail District. The original façade was restored in 2005, and the building is described as having an opportunity for additional improvements.
From a layout standpoint, the first floor is suited to storefront retail arrangements oriented toward the walkway and back parking, while the upper level provides an interior volume highlighted by its high-clearance tin ceilings and natural light from the large windows.
Key Highlights
- Multi‑tenant building in Downtown Danville’s business/retail district
- Vacant 1st‑floor suite has potential to be divided into multiple retail shops
- 1st‑floor suites open to a spacious walkway between the store fronts and municipal parking in back
Property Analytics
Property Profile
Current Use
Lease Details
Multi-tenant
Tenancy
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 Retail in Midwest region
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Frequently Asked Questions
What type of property is this?
Retail space - Multi-tenant downtown retail building with vacant first-floor space and an upstairs suite with large windows.
Where is this retail space located?
The property is located at 123 North Vermilion Street Danville, IL.
What are key features of this property?
This property features: Multi‑tenant building in Downtown Danville’s business/retail district; Vacant 1st‑floor suite has potential to be divided into multiple retail shops; 1st‑floor suites open to a spacious walkway between the store fronts and municipal parking in back
