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Mixed-Use Building with Event Space
New
For Sale
$259,900

147 N Walnut Street, Danville, IL 61832

Commercial Sale, Danville, IL

Property Size23,000 SF
Lot Size0.28 Acres
Price / SF$11.30
Days on Market2

Property Features for 147 N Walnut Street

General Information

Property type Commercial Sale
Property subtype Other
Zoning COMMR
Directions From Highway 150 in downtown Danville, go north on Walnut St. to the corner of N. Walnut and W. Harrison St.
Subdivision Danville
Standard status Active
APN 23081130080000
Lot size 0.28 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 2510

Amenities

office locations
event areas
chef's kitchen
garage area
stage

Building Details

Year built 1929
Floors in Building 2
Building materials Brick, Steel Siding
Listing Agency: RE/MAX Choice · RE/MAX International
Listed By: Joe McDaniel · License #475182942
Added: Aug 31 Changed: Sep 1 Last Checked: Sep 1 at 2:06PM
MLS# 12747927

Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

Constructed in 1929, this 23,000-square-foot mixed-use building combines office areas, event space, a chef’s kitchen, and a garage sized for mechanical repair work. The upper level includes a stage and a large open room suited to concerts, dances, and other events. Brick and steel siding form the exterior, while an entryway links Walnut and Harrison streets.

The property occupies the corner of Walnut and Harrison in downtown Danville, immediately west of the historic Fischer Theater. Three public parking lots are located across the surrounding streets. COMMR zoning supports the property’s commercial setting, with a configuration that includes office, event, kitchen, and automotive-oriented areas.

Key Highlights

  • 23,000‑square‑foot mixed‑use building on a 0.2808‑acre lot
  • 1929 construction with brick and steel siding
  • Upper‑level stage and large room for concerts and dances

Property Analytics

Current Use

Crist & Associates Auction ... Trade Show Venue

Suggested Use

Top Pick HVAC Service Nail Salon Big Box & Wholesale Store (Bike/Boat/Book/etc) Store Kitchen & Bath Showroom Grocery & Convenience 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.

Lease Details

Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

73
Businesses Nearby

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

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Multi-level layout includes offices, a commercial kitchen, garage, and performance areas.
Where is this mixed-use property located?
The property is located at 147 N Walnut Street Danville, IL.
What is the asking price?
The asking price for this property is $259,900.
What are key features of this property?
This property features: 23,000‑square‑foot mixed‑use building on a 0.2808‑acre lot; 1929 construction with brick and steel siding; Upper‑level stage and large room for concerts and dances
More about this property
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