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923 Vermilion St Danville, IL 61832

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For Sale
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High-Yield Office Building, 4,990 SF

Property size:
4,990 SF

Property Features for 923 Vermilion St

General Information

Property type
Office Properties & Spaces
Square Feet
4,990 SF

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Listing Contact
Larry Kuchefski
Larry Kuchefski

Listing Agency: Coldwell Banker Commercial Devonshire Realty Listing Agent: Larry Kuchefski

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

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Property Insight Report

Overview

This exceptional investment opportunity presents a 4,990 square foot office building located at 923 N Vermilion St, Danville, IL 61832. Currently 100% leased to a mix of regional and national tenants, this property offers immediate and stable cash flow for investors seeking a strong return. The asking price is $688,000, translating to a price per square foot of $137.88. The property is zoned P-1 Professional Office and R-2 Single Family Medium Density, providing flexibility for future expansion. The strategic location on North Vermilion Street, just north of the busy Vermilion-Fairchild intersection, ensures high visibility and accessibility. Nearby amenities include Danville High School, CVS, Hardee's, Royal Donut, and other professional offices and retail businesses, creating a thriving commercial environment. The property's well-managed status and the presence of additional lots offer significant potential for future growth and development. This is an ideal investment for those seeking a stable, high-yield commercial property with excellent long-term prospects in a desirable location. The APN is 23-05-204-019. This fully leased building provides a secure investment with potential for future expansion on adjacent lots.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Rosecrance Danville, Champaign ... Counselor Premier Care Danville Drug Testing Service DBH & Associates LLC Accounting Firm Illinois Agricultural Auditing Tax Preparation

Suggested Use

Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Danville
County
Vermilion
State
Illinois
Longitude
-87.6298057
Latitude
40.1402046

FAQs

What type of property is this?
Office Property / Space - High-Yield Office Building, 4,990 SF
Where is this office property / space located?
The property is located at 923 Vermilion St Danville, IL.
What is the asking price?
The asking price for this property is $688,000.
What are key features of this property?
This property features: $688,000 asking price for this Danville, IL office investment property.; 4,990 square feet of office space.; $137.88 price per square foot.
(217) 918-0871 Call to check price and availability
More about this property
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