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Waterfront Retail Corridor Land
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2606 N Vermilion St, Danville, IL 61832

1.61-acre parcel overlooks Lake Vermilion, with a recently demolished building and removed tanks.

Property SizeContact for details
Lot Size1.61 Acres
Days on Market1637

Property Features for 2606 N Vermilion St

General Information

Standard status Active
Lot size 1.61 Acres
Property subtype LAND
Listing Agency: Cushman & Wakefield | St. Louis
Listed By: Jeff Scheidegger
Source: Moodyscre
Added: Mar 14, 2022 Changed: Aug 14 Last Checked: Apr 19 at 5:29PM

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 Cushman & Wakefield | St. Louis

Investment Insights

Based on property information with market context.

This is a 1.61-acre commercial land parcel that overlooks Lake Vermilion. A prior building has been recently demolished, and the tanks were removed, leaving the site ready for a new development plan.

The property is located along the north retail corridor of Danville and is surrounded by established retail and restaurant uses, including nearby Wendy’s, Wing Stop, and Dairy Queen, as well as numerous other retail/restaurant spaces.

With the existing improvements cleared, the site offers a clean starting point for a future retail or related development within the existing neighborhood retail mix.

Key Highlights

  • 1.61‑acre parcel overlooks Lake Vermilion
  • Recently demolished building; tanks have been removed
  • Located along the north retail corridor of Danville

Property Analytics

Current Use

Cardtronics ATM Atm

Suggested Use

Top Pick Building Supply Real Estate Agency Hair Salon Big Box & Wholesale Store Kitchen & Bath Showroom Law Firm

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

401
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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Waterfront Land - 1.61-acre parcel overlooks Lake Vermilion, with a recently demolished building and removed tanks.
Where is this waterfront land located?
The property is located at 2606 N Vermilion St Danville, IL.
What is the asking price?
The asking price for this property is $175,000.
What are key features of this property?
This property features: 1.61‑acre parcel overlooks Lake Vermilion; Recently demolished building; tanks have been removed; Located along the north retail corridor of Danville
(314) 384-8662 Call to check price and availability
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