Industrial Warehouse
For Sale
Contact for pricing
1250 N Michigan, Danville, IL 61832
Steel-frame industrial facility with brick and metal exterior, office space, and an established occupancy history.
Property SizeContact for details
Days on Market143
Property Features for 1250 N Michigan
General Information
Standard status
Active
Property subtype
Industrial
Zoning
E. Voorhees Industrial District
Additional Details
Cap Rate
9%
Clear Height
14 ft
Building Details
Construction
steel frame
Listing Agency:
Coldwell Banker Commercial Devonshire Realty
(217) 918-0871
Listed By:
Larry Kuchefski · License #IL
Source:
Crexi
Added: Apr 12
Changed: Aug 31
Last Checked: Aug 29 at 2:27PM
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 Coldwell Banker Commercial Devonshire Realty
Investment Insights
Based on property information with market context.
This industrial property at 1250 N Michigan in Danville features a steel-frame structure finished with brick facing and metal siding. The building provides 14′ clear height to the eaves along with an 8×10 overhead door. Office remodeling was scheduled for Fall 2021, and the property has an established tenant that has occupied the facility for more than 30 years and recently executed a four-year extension.
The facility is located in Danville’s E. Voorhees Industrial District. The reported 9% cap rate adds an income-oriented metric for evaluating the property alongside its long-term occupancy and industrial improvements.
The facility is located in Danville’s E. Voorhees Industrial District. The reported 9% cap rate adds an income-oriented metric for evaluating the property alongside its long-term occupancy and industrial improvements.
Key Highlights
- Steel‑frame building with brick face and metal skin
- 14′ clear height to eaves
- 8×10 overhead door
Property Analytics
Property Profile
Current Use
Lease Details
14 ft
Clear height
Location Intelligence
Trade Area within ½ mile
85
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 Industrial in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Industrial property - Steel-frame industrial facility with brick and metal exterior, office space, and an established occupancy history.
Where is this industrial property located?
The property is located at 1250 N Michigan Danville, IL.
What are key features of this property?
This property features: Steel‑frame building with brick face and metal skin; 14′ clear height to eaves; 8×10 overhead door
