Search
Five-Unit Multifamily Property
For Sale
$129,900

716 Robinson Street, Danville, IL 61832

Commercial Sale, Danville, IL

Property SizeContact for details
Lot Size0.35 Acres
Days on Market92

Property Features for 716 Robinson Street

General Information

Property type Residential Multi Family
Property subtype Other
Zoning MULTI
Bedrooms 25
Bathrooms 15
Full bathrooms 15
Rooms Bedroom 6, Bedroom 4, Bathroom 14, Bedroom 2, Bathroom 15, Bedroom 16, Bedroom 12, Bedroom 14, Bedroom 13, Bathroom 1, Bathroom 9, Bathroom 11, Bedroom 21, Bathroom 2, Bedroom 3, Bedroom 9, Bedroom 8, Bedroom 11, Bedroom 15, Bathroom 5, Bedroom 22, Bedroom 19, Bedroom 1, Bedroom 17, Bedroom 18, Bathroom 7, Bathroom 8, Bedroom 23, Bathroom 10, Bathroom 3, Bedroom 7, Bathroom 4, Bathroom 12, Bathroom 13, Bedroom 24, Bathroom 6, Bedroom 5, Bedroom 10, Bedroom 20, Bedroom 25
Directions Drive west on East Main St/US 136. Bear right to stay on East Main St/US 136. Right to North Gilbert St/US 136/IL 1. Left to West Woodbury St. Property is on the left.
Subdivision Danville
Standard status Active
APN 23053020420000
Lot size 0.35 Acres

Taxes and HOA fees

Tax Year 2024
Tax Annual Amount 857

Building Details

Year built 1940
Floors in Building 1
Number of units 5
Listing Agency: Beycome Brokerage Realty LLC
Listed By: Jeffrey Sklar · License #471.021523
Added: May 27 Changed: Aug 20 Last Checked: Aug 26 at 11:06AM
MLS# 12659837

Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This multifamily property includes five residential units arranged across two parcels. One parcel contains a duplex and a separate house, while the second parcel contains another duplex. The unit mix consists of four two-bedroom, one-bath residences and one one-bedroom, one-bath residence. The property was built in 1940 and is situated on approximately 0.35 acres.

Located at 716 Robinson Street in Danville, Illinois, the property carries MULTI zoning. The configuration provides a combination of duplex and single-house residential improvements within one offering, with unit sizes suited to both two-bedroom and one-bedroom occupancy needs.

Key Highlights

  • Five total units: 4 x 2bed/1bath units and 1 x 1bed/1bath unit
  • Two duplexes and one separate house across two parcels
  • Approximately 0.35 acres of land

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Parking Lot & Garage Skin Care Clinic Cafe & Coffee Shop Garden Center Grocery & Convenience Store Food Market

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

5
Residential units

Location Intelligence

Trade Area within ½ mile

1,182
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
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Multifamily property - Two duplexes and a separate house comprise this multi-unit residential property.
Where is this multifamily property located?
The property is located at 716 Robinson Street Danville, IL.
What is the asking price?
The asking price for this property is $129,900.
What are key features of this property?
This property features: Five total units: 4 x 2bed/1bath units and 1 x 1bed/1bath unit; Two duplexes and one separate house across two parcels; Approximately 0.35 acres of land
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message