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    Danville, IL

    Danville, IL Commercial Real Estate for Sale

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    Office Building with Private Offices
    Updated: Nov 4, 2025
    Office Building with Private Offices

    306 N Gilbert St, Danville, IL

    $450,000
    3,600 sqft · 0.44 AC lot
    10 private offices plus central workstation
    Divisible layout for multiple tenants/departments
    Dedicated conference room and break room
    3 restrooms for staff and client convenience
    Secure entry with spacious reception area
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    This listing looks promising.

    Here's a quick look at some key insights for

    306 N Gilbert St, Danville, IL

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    • Est. Cap Rate

      8.1%
      Above avg (5.9%)

    • Est. NOI

      $36K
      Annual

    • Mortgage

      $350K
      May 2022

    • Last Sold

      Dec 2013
      $621K
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    American Inn Motel For Sale
    Updated: Apr 2
    American Inn Motel For Sale

    1824 E Main Street, Danville, IL 61832

    $500,000
    0.92 AC lot
    Strategic location on East Main Street (U.S. Route 136) near Interstate 74 and within Danville's Campus Corridor TIF District, offering potential financial incentives.
    Strong income growth: Gross income increased from $199,793 in 2022 to $249,320 in 2023.
    Proximity to major demand generators: VA Illiana Health Care System, Danville Area Community College (DACC), and Golden Nugget Danville Casino.
    Additional land included: Situated on 0.92 acres with two vacant parcels for potential development or expansion.
    On‑site 3‑bedroom apartment: Ideal for owner occupancy or generating rental income.
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    Live-Work Flex Property
    Live-Work Flex Property

    176 S Henning Road, Danville, IL 61832

    $384,900
    1.14 AC lot

    Heated workshop with running water, floor drains, and an outdoor wash bay supports equipment and service-focused operations.

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    Historic Storefront in Downtown Danville
    Historic Storefront in Downtown Danville

    57 N Vermilion Street, Danville, IL 61832

    $135,000
    0.08 AC lot

    Preserved historic storefront with modern functionality in downtown Danville.

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    Flex Property with Two Buildings
    Flex Property with Two Buildings

    2201 Kickapoo Drive, Danville, IL 61832

    $220,000

    Two-building flex property with a commercial kitchen, accessible restrooms, and a 2016 residential home plus fenced outdoor area.

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    Turn-Key Commercial Buildings For Sale
    Turn-Key Commercial Buildings For Sale

    2412 Georgetown Road, Danville, IL 61832

    $699,000
    5,800 sqft · 2.82 AC lot

    2.82-acre property with three commercial buildings, two turn-key.

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    Mobile Home Park with Multi-Use Building
    Mobile Home Park with Multi-Use Building

    3117 E Voorhees St, Danville, IL 61834

    $249,900
    3,200 sqft · 9.33 AC lot

    A 9.33-acre park with four income-producing mobile homes and a large on-site building for flexible use.

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    Stand-Alone Retail Building For Sale
    Stand-Alone Retail Building For Sale

    842 E Main, Danville, IL 61832

    $1,500,000
    13,500 sqft

    13,500 SF stand-alone retail building on Danville's main corridor.

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    Mixed-Use Downtown Office/Retail
    Mixed-Use Downtown Office/Retail

    146 N Vermilion St, Danville, IL 61832

    $120,000
    4,800 sqft

    Two buildings under one roof offer flexible office and retail configurations plus shared parking and storage.

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    Multi-Building Industrial and Office Property
    Multi-Building Industrial and Office Property

    701 TILTON RD, Danville, IL 61832

    $485,000
    7,323 sqft

    Three buildings with multiple overhead doors and office space provide flexible setup for storage, operations, or mixed use.

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    Commercial Land with High Frontage
    Commercial Land with High Frontage

    130 S. Gilbert, Danville, IL 61832

    $995,000
    1.60 AC lot

    1.6 acre commercial site with significant frontage on Gilbert.

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    Historic Danville Office Building For Sale
    Historic Danville Office Building For Sale

    17 W North St, Danville, IL 61832

    $275,000
    35,000 sqft

    Two-story, 35,000 SF office building with redevelopment potential.

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    Restaurant with Banquet Room For Sale
    Restaurant with Banquet Room For Sale

    3605 N Vermilion St, Danville, IL

    $545,000
    10,000 sqft · 1.85 AC lot

    Restaurant with lower level banquet room and seasonal seating.

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    Commercial Building with Auto Shop
    Commercial Building with Auto Shop

    211 N Gilbert St, Danville, IL 61832

    $575,000
    5 sqft

    Commercial building suitable for auto shop or retail use.

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    Danville Transportation Warehouse For Sale
    Danville Transportation Warehouse For Sale

    200 E 14th St, Danville, IL 61832

    $400,000
    7,824 sqft

    7,824 SF transportation warehouse on 1.6 acres in Danville, IL.

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    Medical Office Building For Sale
    Medical Office Building For Sale

    735 N Logan Ave, Danville, IL 61832

    $975,000
    5 sqft

    Medical office building featuring 13 exam rooms and a full basement.

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    Mixed-Use Property with Income Potential
    Mixed-Use Property with Income Potential

    110 N Vermilion St, Danville, IL 61832

    $149,900
    5,726 sqft · 0.18 AC lot

    Commercial property with business and residential income potential in Danville.

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    Corner Lot in Danville, IL
    Corner Lot in Danville, IL

    616 Robinson Street, Danville, IL 61832

    Contact for pricing
    0.29 AC lot

    Corner lot offers convenience to restaurants, shopping, and amenities.

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    Retail
    Retail

    2917 N Vermilion St, Danville, IL 61832

    $5,963,000
    126,153 sqft

    Shopping centers · 126,153 SF

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    Two-Tenant Retail Investment Opportunity
    Two-Tenant Retail Investment Opportunity

    302 W Fairchild St, Danville, IL 61832

    $731,300
    3,000 sqft

    Fully occupied retail property with long-term leases and built-in rent growth.

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    Industrial Land Available for Purchase
    Industrial Land Available for Purchase

    21481 Rileysburg Rd, Danville, IL 61834

    $706,800
    17.67 AC lot

    Two industrial land sites available, purchase together or separately.

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    Retail Building on East/West Corridor
    Retail Building on East/West Corridor

    1232 E. Main St, Danville, IL 61832

    $115,000
    1 sqft

    Retail building with high traffic and excellent visibility.

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    Established Bar & Grill Opportunity
    Established Bar & Grill Opportunity

    3124 Perrysville Road, Danville, IL 61834

    $599,900
    0.50 AC lot

    Turnkey bar and grill with equipment in southeast Danville.

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    Industrial Land Available For Sale
    Industrial Land Available For Sale

    3650 Southgate Dr, Danville, IL 61834

    $105,200
    2.63 AC lot

    Two industrial land sites available, purchase together or separately.

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    Danville, IL Commercial Real Estate Market Trends and Statistics

    Explore 72 commercial real estate for sale in Danville, IL, showcased through 57 active listings on our real estate platform. These investment opportunities span a total of 608,182 square feet of properties for sale, with an estimated market value of $61,921,400.

    Sale prices for business properties in Danville, IL start at $115,000, averaging $2,135,220, and reaching up to $37,375,800 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Demographics Overview

    Population 42K
    Population Growth (5Y) -11.4%
    Median Household Income $52,334
    College Educated 20.4%

    High-Yield Neighborhoods for Investment

    Identify Danville submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    61832 $649.7K
    61834 $5M

    Taxes & Financing

    Tax Rate (average for all types) 9.28%
    Tax Rate vs County Average 0.11 pp above county avg
    Average Loan-to-Value 65.0%

    Property Size Breakdown

    The majority of commercial real estate listings in Danville fall within the 10,000 to 25,000 square foot range.

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    Most Searched ZIP Codes in Danville, IL

    • 61832
    • 61834
    • 61833

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