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    Danville, IL Mixed-use Properties for Sale

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    Mixed-Use Building with Garage
    Updated: Aug 31
    Mixed-Use Building with Garage

    147 N Walnut Street, Danville, IL 61832

    $259,900
    0.28 AC lot
    23,000‑square‑foot mixed‑use property on a 0.2808‑acre lot
    Garage area accommodates mechanical repairs
    Upper level includes a stage and large event room
    Office areas, event spaces, and a chef’s kitchen
    Corner location at Walnut and Harrison streets in downtown Danville
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    Mixed-Use Building with Event Space
    Updated: Sep 5
    Mixed-Use Building with Event Space

    147 N Walnut St, Danville, IL 61832

    $259,900
    23,236 sqft
    1929 mixed‑use building with office, event, kitchen, and garage areas
    Upper level features a large stage and room for concerts and dances
    Garage area accommodates mechanical repair operations
    At Walnut and Harrison in downtown Danville
    Immediately west of the historic Fischer Theater
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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 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
    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.

    Historic Mixed-Use Office and Retail Building
    Historic Mixed-Use Office and Retail Building

    41 E. University Avenue, Champaign, IL 61820

    $3,850,000
    22,052 sqft

    Built in 1913, this historic downtown building combines retail, office, and residential space with off-street parking.

    View details
    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 Shop Area
    Mixed-Use Property with Shop Area

    507 Crystal Lake Dr, Urbana, IL 61802

    $139,900

    MULTI-zoned parcel includes an apartment and a separate shop area.

    View details
    Historic Mixed-Use Building
    Historic Mixed-Use Building

    41 E. University Avenue, Champaign, IL 61820

    $3,850,000
    0.29 AC lot

    A 1913 property brings together retail, residential, and office areas with paved off-street parking.

    View details

    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 85,427 square feet of properties for sale, with an estimated market value of $644,800.

    Sale prices for multi use buildings in Danville, IL start at $125,000, averaging $214,933, 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 $191.2K

    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.

    How Realmo verifies these figures

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