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    Danville, IL
    Medical Premises

    Danville, IL Medical Office Space for Sale

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    Tilton, IL Westville, IL Georgetown, IL
    Medical Office Near OSF Hospital
    Updated: Aug 16, 2019
    Medical Office Near OSF Hospital

    735 N Logan Ave, Danville, IL 61832

    $975,000
    5,304 sqft
    Prime location across the street from OSF Hospital, ideal for medical professionals
    Thirteen exam rooms, suitable for a large medical practice
    Expanded in 2010, offering modern and updated facilities
    Full basement with break room, office space, exam rooms and file room
    Includes large reception area, check‑in & check‑out station, records office, three offices, and lab area
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    This listing looks promising.

    Here's a quick look at some key insights for

    735 N Logan Ave, Danville, IL 61832

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    • Est. Cap Rate

      6.6%
      Above avg (5.9%)

    • Est. NOI

      $64K
      Annual

    • Price @ 7% Cap

      $919K
      Suggested
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    Medical Office Building For Sale
    Updated: Sep 10, 2025
    Medical Office Building For Sale

    735 N Logan Ave, Danville, IL 61832

    $975,000
    5 sqft
    13 Exam Rooms: Ideal for established or expanding practices.
    Expanded in 2010: Benefit of newer construction within an established building.
    Full Basement: Offers additional space for break room, office, exam rooms, and file room.
    Large Reception Area: Accommodates a high volume of patients.
    Lab Area: On‑site lab capabilities for immediate testing and analysis.
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    Medical Office Building with Exam Rooms
    Medical Office Building with Exam Rooms

    909 N Logan Ave, Danville, IL 61832

    $99,000

    Professional office building with seven exam rooms and dedicated reception area for healthcare and counseling use.

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    Versatile Office Space Near Hospitals
    Versatile Office Space Near Hospitals

    701 W Fairchild Street, Danville, IL 61832

    $549,000
    10,000 sqft

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

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    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
    Commercial Building with Expansion Potential
    Commercial Building with Expansion Potential

    809 N Gilbert St, Danville, IL 61832

    $189,500
    2,060 sqft · 0.23 AC lot

    Well-maintained commercial building with two units and expansion opportunity.

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    Based on your search, we've compiled 13 Potential Opportunities for your consideration. Besides 5 Active listings in Danville, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Medical Office Building For Sale
    Medical Office Building For Sale

    2220 N Monroe St, Decatur, IL 62526

    $250,000
    12,898 sqft · 0.24 AC lot

    12,898 SF medical office building near Decatur Memorial Hospital.

    View details
    Medical Office Building For Sale
    Medical Office Building For Sale

    675 E Snyder Dr, Decatur, IL 62526

    $575,000
    4,464 sqft

    Custom-built medical office in a central business district.

    View details
    Premium Healthcare Facility For Sale
    Premium Healthcare Facility For Sale

    1200 N State Rte 121, Mt Zion, IL

    $975,000
    7,500 sqft · 3.99 AC lot

    Freestanding healthcare facility with development potential in Mt. Zion.

    View details
    Premium Healthcare Facility For Sale
    Premium Healthcare Facility For Sale

    1200 Il 121, Mt Zion, IL 62549

    $975,000
    4 sqft

    Freestanding healthcare facility in Mt. Zion with development potential.

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Zoned Highway Business Development Land
    Zoned Highway Business Development Land

    9377 S STATE ROAD 39, Mooresville, IN 46158

    $3,400,000
    9.34 AC lot

    9.34-acre commercial parcel zoned Highway Business (HB) for flexible, retail- and service-oriented development in Mooresville.

    View details
    Zoned B-2 Commercial Infill Lot
    Zoned B-2 Commercial Infill Lot

    Weston Pointe Drive, Carmel, IN 46032

    $799,900
    1.00 AC lot

    Commercial land zoned B-2 in a shopping center area with shared parking access, suited for a build-to-suit development.

    View details
    Prime Land in Growing Community
    Prime Land in Growing Community

    1575 S Feather Rock Drive, Crown Point, IN 46307

    $257,500
    2.01 AC lot

    Two acres of land suitable for various commercial uses.

    View details
    Valparaiso Commercial Land For Sale
    Valparaiso Commercial Land For Sale

    1465 Clark Road, Valparaiso, IN 46385

    $284,900
    1.23 AC lot

    Commercial land on State Highway 2, near Highway 30.

    View details

    Danville, IL Medical Office Space Market Trends and Statistics

    Explore 5 medical office space for sale in Danville, IL, showcased through 5 active listings on our real estate platform. These investment opportunities span a total of 17,369 square feet of properties for sale, with an estimated market value of $2,688,500.

    Sale prices for medical spaces in Danville, IL start at $189,500, averaging $672,125, and reaching up to $975,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Office Units 13
    Office buildings 6
    Medical Office Space 5

    Demographics Overview

    Population 42K
    Population Growth (5Y) -11.4%
    Median Household Income $52,334
    College Educated 20.4%

    High-Yield Neighborhoods for Investment

    Identify Danville submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    61832 $557.5K

    Taxes & Financing

    Tax Rate (average for all types) 9.28%
    Tax Rate vs County Average 0.11 pp above county avg
    Average Loan-to-Value 65.0%

    Property Size Breakdown

    The majority of commercial real estate listings in Danville fall within the 10,000 to 25,000 square foot range.

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