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Three-Unit Multifamily Property
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618 South Street, Danville, IL 61832

Income-producing residential asset with three matching two-bedroom units and professional management in place.

Property SizeContact for details
Days on Market143

Property Features for 618 South Street

General Information

Standard status Active
Property subtype Multifamily

Units

Unit Mix 3 x 2BR
Multifamily Units 3
Listing Agency: EXP REALTY LLC-CHA
Listed By: J Leman · License #475.184798
Source: Crexi
Added: Apr 13 Changed: Aug 31 Last Checked: Aug 29 at 2:34PM

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 EXP REALTY LLC-CHA

Investment Insights

Based on property information with market context.

This multifamily property contains three residential units, each configured with two bedrooms. The building is professionally managed by RC Management, providing an established management arrangement for the existing rental configuration.

The property is located at 618 South Street in Danville, Illinois. Showings require 48 hours’ notice, with keys available through RC Management.

Key Highlights

  • Three‑unit multifamily property
  • Three two‑bedroom residential units
  • Professionally managed by RC Management

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick Parking Lot & Garage Bakery Locksmith Carpet & Flooring Store Catering Service 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

3
Residential units

Location Intelligence

Trade Area within ½ mile

719
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 Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Triplex - Income-producing residential asset with three matching two-bedroom units and professional management in place.
Where is this triplex located?
The property is located at 618 South Street Danville, IL.
What are key features of this property?
This property features: Three‑unit multifamily property; Three two‑bedroom residential units; Professionally managed by RC Management
(217) 778-5320 Call to check price and availability
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