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Versatile Office Space Near Hospitals
For Sale
$549,000

701 W Fairchild St, Danville, IL 61832

9,381 SF office space ideal for medical or professional use.

Property Size9,381 SF
Price / SF$58.52
Days on Market398

Property Features for 701 W Fairchild St

General Information

Standard status Active
Size 9,381 SF

Taxes and HOA fees

Annual Taxes $9,628
Listing Agency: BHHS Central Illinois, REALTORS
Listed By: Atif Irfan · License #475184926
Source: Exprealty
Added: Jul 22, 2025 Changed: Aug 23 Last Checked: Jul 31 at 7:31PM

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 BHHS Central Illinois, REALTORS

Investment Insights

Based on property information with market context.

This commercial property in Danville, Illinois, offers 9,381 square feet of versatile office space. Formerly a medical office, the two-story building is located minutes from Carle and OSF Hospitals. The layout and features make it adaptable for various professional uses. The property is situated in a professional corridor near two major hospitals, offering convenience, visibility, and accessibility. The layout is ideal for medical, legal, or professional office use. It is turnkey-ready for healthcare with room conversion options for other industries. Natural light and a modern flow promote productivity and comfort. The flexible floor plan accommodates single or multi-tenant setups. Proximity to hospitals adds value for healthcare and service providers. Ample parking ensures easy access for employees and clients. This building is suitable for healthcare providers expanding their practice, professional firms needing room to grow, or investors looking for high-demand office space.

Key Highlights

  • Prime location near Carle and OSF Hospitals, offering high visibility and accessibility.
  • Boasting 9,381 sq ft of versatile office space suitable for various professional uses.
  • Adaptable floor plan accommodates single or multi‑tenant setups.

Property Analytics

Current Use

Berner Plumbing & H20 ... Plumbing Service Dr. Vathiar A. Tazudeen, ... Physician Neurology Clinic of Danville Medical Clinic Tazudeen Wahid A MD Physician Ochoa Miguel R ... Physician

Suggested Use

Top Pick Dental Office Real Estate Agency Parking Lot & Garage Skin Care Clinic Spa & Massage Center Kitchen & Bath Showroom

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

260
Businesses Nearby
Under-served
Demand for This Use

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 Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
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Frequently Asked Questions

What type of property is this?
Medical Office Space - 9,381 SF office space ideal for medical or professional use.
Where is this medical office space located?
The property is located at 701 W Fairchild St Danville, IL.
What is the asking price?
The asking price for this property is $549,000.
What are key features of this property?
This property features: Prime location near Carle and OSF Hospitals, offering high visibility and accessibility.; Boasting 9,381 sq ft of versatile office space suitable for various professional uses.; Adaptable floor plan accommodates single or multi‑tenant setups.
More about this property
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