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    Danville, IL
    Mixed-Use

    Danville, IL Mixed-use Properties for Sale

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    Mixed-Use Building with Event Space
    Updated: Aug 31
    Mixed-Use Building with Event Space

    147 N Walnut Street, Danville, IL 61832

    $259,900
    0.28 AC lot
    23,000‑square‑foot mixed‑use building on a 0.2808‑acre lot
    1929 construction with brick and steel siding
    Upper‑level stage and large room for concerts and dances
    Multiple office areas, event spaces, and chef’s kitchen
    Garage area large enough for mechanical repairs
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    Mixed-Use Downtown Office/Retail
    Updated: Apr 7
    Mixed-Use Downtown Office/Retail

    146 N Vermilion St, Danville, IL 61832

    $120,000
    4,800 sqft
    Commercial property in Downtown Danville on Vermilion St. with two buildings under one roof totaling 4,800 sq ft
    One side features multiple office spaces, including a conference area and kitchen; the other side is used for consignment/retail sales
    New roof, plus a dry basement with lots of storage
    Public parking at the front and 2 private parking spaces at the back
    Part of the TIF district (Tax Increment Financing), which may provide assistance for reconfiguring and updating
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    Mixed-Use Property with Income Potential
    Mixed-Use Property with Income Potential

    110 N Vermilion St, Danville, IL 61832

    $125,000
    5,726 sqft 0.18 AC lot

    Commercial property with business and residential income potential in Danville.

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    See what stands out in Vermilion County

    We check every for-sale listing in the county against comparable properties across the country. Most price about where you would expect. A few are worth a second look.

    We check every listing here. A few are worth a second look.

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    Two-Story Brick Building in Danville
    Two-Story Brick Building in Danville

    200 N Vermilion St, Danville, IL 61832

    Contact for pricing
    56,465 sqft

    Versatile building in Danville's business district, ready for transformation.

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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.

    Renovated Mixed-Use Building with Retail
    Renovated Mixed-Use Building with Retail

    218 W Main Street, Urbana, IL 61801

    $995,000
    7,750 sqft

    Historic Stephen's Building offers two leased ground-floor retail spaces and four fully renovated apartments.

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    Mixed-Use Property with Shop Area
    Mixed-Use Property with Shop Area

    507 Crystal Lake Drive, Urbana, IL 61802

    $139,900
    0.32 AC lot

    Existing improvements combine an apartment with a dedicated shop area.

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    Mixed-Use Property with Showroom
    Mixed-Use Property with Showroom

    225 S Meyers St, Rantoul, IL 61866

    Contact for pricing
    16,000 sqft

    C-2 General zoning, hard-surfaced parking, offices, and loading access support a versatile commercial layout.

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    Mixed-Use Property with Loading Dock
    Mixed-Use Property with Loading Dock

    508 EAGLE Drive, Rantoul, IL 61866

    Contact for pricing
    1.06 AC lot

    Two-building commercial property with fenced outdoor space, overhead-door access, and dedicated water-storage improvements.

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    Danville, IL Mixed-Use Properties Market Trends and Statistics

    Explore 4 mixed-use properties for sale in Danville, IL, showcased through 4 active listings on our real estate platform. These investment opportunities span a total of 66,991 square feet of properties for sale, with an estimated market value of $504,900.

    Sale prices for multi use buildings in Danville, IL start at $120,000, averaging $168,300, and reaching up to $259,900 — 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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    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 $122.5K

    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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