Medical Premises

Danville, IL Medical Office Space for Sale

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Single-Story Medical Office
Updated: Sep 22
Single-Story Medical Office

3545 N VERMILION ST, Danville, IL 61832

Contact for pricing
10,238 sqft
10,238‑square‑foot medical office building
Single‑story layout with two waiting rooms and seven offices
17 exam rooms and two X‑ray rooms
Physical therapy area, laboratory, and large workstation
Ample patient parking
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Medical Office Space with 13 Exam Rooms
Updated: Jan 9, 2025
Medical Office Space with 13 Exam Rooms

735 N Logan Ave, Danville, IL 61832

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8,296 sqft
13 exam rooms plus large reception area
Lab area and records office included
Dedicated check‑in and check‑out station
Full basement with break room, additional office space, exam rooms and file room
Original building built in 1978 and expanded in 2010
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Medical Office with Exam Rooms
Medical Office with Exam Rooms

2-909 N Logan Ave, Danville, IL 61832

$69,900

Former physician office with patient-care rooms, reception, kitchenette, and shared basement storage across from OSF Hospital.

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See hot listings in Danville

Scored against comparables nationwide. These are worth a look.

Scored against comparables nationwide. These are worth a look.

Cap Rate available after sign in
Est. NOI available after sign in
Local Demand available after sign in
Medical Office Near OSF Hospital
Medical Office Near OSF Hospital

735 N Logan Ave, Danville, IL 61832

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5,304 sqft

Medical office building with exam rooms and basement near hospital.

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Based on your search, we've compiled 8 Potential Opportunities for your consideration. Besides 4 Active listings in Danville, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities

Opportunities in Nearby Cities

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

Professional Office Building with Elevator
Professional Office Building with Elevator

232 NW Main St, Bourbonnais, IL 60914

$2,400,000
13,200 sqft 1.50 AC lot

Multi-suite office property with elevator access and independent HVAC systems.

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Updated Multi-Office Building
Updated Multi-Office Building

1 Oakview Dr, Monticello, IN 47960

$579,900
6,732 sqft 1.30 AC lot

B-2 business zoning, a large parking area, and a remodeled reception and waiting area support varied office uses.

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Medical Office Building with Elevator
Medical Office Building with Elevator

232 NW Main Street, Bourbonnais, IL 60914

$2,400,000
1.50 AC lot

Two-level professional office property with medical-related suites, separate HVAC systems, and substantial on-site parking.

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Medical Office Building with Updated Interiors
Medical Office Building with Updated Interiors

1 Oakview Drive, Monticello, IN 47960

$579,900
1.31 AC lot

Multi-office commercial property with central air, on-site parking, and refreshed reception and waiting areas.

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Danville, IL Medical Office Space Market Trends and Statistics

Explore 4 medical office space for sale in Danville, IL, showcased through 4 active listings on our real estate platform. These investment opportunities span a total of 23,838 square feet of properties for sale, with an estimated market value of $69,900.

Sale prices for medical spaces in Danville, IL average $69,900 — 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 buildings 8
Medical Office Space 6
Office Units 6

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 $69.9K

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%

Listings Trend

New vs delisted commercial listings in Vermilion County

New Delisted

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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