306 N Gilbert St, Danville, IL
Office space featuring private offices, conference room, and break room.
- Added:
- Nov 4, 2025
- Days on Market:
- 221
- Last Refresh:
- May 19 at 8:57 pm
Property Features for 306 N Gilbert St
General Information
- Standard status
- Active
- Size
- 3,600 SF
- Lot size
- 0.44 Acres
- Property subtype
- OFFICE
Listing agent Larry Kuchefski, CCIM License #471008990 (217) 918-0871
Listing office Coldwell Banker Commercial Devonshire Realty (217) 918-0871
Listing date Nov 4, 2025
Source Moodyscre
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
HighLights
- 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
- Wide hallway ideal for file storage and copier station
Overview
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $64.8k | $18.00 |
| − Vacancy | −$16.5k | −$4.59 |
| EGI | $48.3k | $13.41 |
| − OpEx | −$12.1k | −$3.35 |
| NOI | $36.2k | $10.06 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Danville
- County
- Vermilion
- State
- Illinois
- Longitude
- -87.6356
- Latitude
- 40.1309
