401-407 N Franklin St, Danville, IL

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For Sale

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Office buildings

Type:OFFICE

Property size:

28,312 SF

Lot size:

1.08 Acres

Price / SF:

$68/SF

HighLights

Leased to the State of Illinois (DCFS & DHS) and DACC, providing stable income.
Value‑add investment: 3,412 SF of vacant space offers potential for increased revenue.
Strategic location just north of Downtown Danville, the county seat.
The Illinois Department of Central Management Services (CMS) is generally responsible for certain state properties, acquisitions, and services.
Danville Area Community College (DACC) is a community college in Danville, Illinois.
Accessible location: 35 miles east of Champaign, IL via I‑74, 93 miles northwest of Indianapolis, IN via I‑74, and 130 miles south of Chicago via Rt. 1.

We can help!

Listing Contact

AJ Thoma III

Learn more

For Sale

Contact for pricing

Office buildings

Type:OFFICE

Property size:

28,312 SF

Lot size:

1.08 Acres

Price / SF:

$68/SF

Added:: Jan 9, 2025
Days on Market:: 526
Last Refresh:: May 20 at 9:41 pm

Property Features for 401-407 N Franklin St

General Information

Standard status: Active
Size: 28,312 SF
Lot size: 1.08 Acres
Property subtype: OFFICE

We can help!

Listing Contact

AJ Thoma III

Listing agent AJ Thoma III

Listing office Coldwell Banker Commercial Devonshire Realty

Listing date Jan 9, 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

Leased to the State of Illinois (DCFS & DHS) and DACC, providing stable income.
Value‑add investment: 3,412 SF of vacant space offers potential for increased revenue.
Strategic location just north of Downtown Danville, the county seat.
The Illinois Department of Central Management Services (CMS) is generally responsible for certain state properties, acquisitions, and services.
Danville Area Community College (DACC) is a community college in Danville, Illinois.
Accessible location: 35 miles east of Champaign, IL via I‑74, 93 miles northwest of Indianapolis, IN via I‑74, and 130 miles south of Chicago via Rt. 1.

Location Intelligence

Current Use by Public Records

Office buildings

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Map
Local Demand

City: Danville
County: Vermilion
State: Illinois
Longitude: -87.6327
Latitude: 40.1319

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For sale
Office buildings
IL
Danville
401-407 N Franklin St

Where is this office building located?

The property is located at 401-407 N Franklin St Danville, IL.

What is the asking price?

The asking price for this property is $1,950,000.

What are key features of this property?

This property features: Leased to the State of Illinois (DCFS & DHS) and DACC, providing stable income.; Value‑add investment: **3,412 SF of vacant space** offers potential for increased revenue.; Strategic location just north of Downtown Danville, the county seat.

401-407 N Franklin St, Danville, IL

Office buildings

Property Features for 401-407 N Franklin St

General Information

We can help!

HighLights

Current Use by Public Records

Suggested Use

Location Insight

Nearby Similar for Sale

American Inn Motel For Sale

Live-Work Industrial Workshop Property

Historic Storefront in Downtown Danville

Danville Multifamily Investment Opportunity

Turn-Key Commercial Buildings For Sale

Mobile Home Park with Multi-Use Building

Mixed-Use Downtown Office/Retail

Multi-Building Industrial and Office Property

Office Building with Private Offices

Stand-Alone Retail Building For Sale

Restaurant with Banquet Room For Sale

Historic Danville Office Building For Sale

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