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    Danville, IL Mixed-use Properties for Sale

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    Tilton, IL Westville, IL Georgetown, IL
    Mixed-Use Downtown Office/Retail
    $120,000
    4,800 SF
    Mixed-Use Downtown Office/Retail

    146 N Vermilion St, Danville, IL 61832

    Two buildings under one roof offer flexible office and retail configurations plus shared parking and storage.
    • 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
    Updated: Apr 7
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    Mixed-Use Center For Sale
    $2,200,000
    32,000 SF
    Mixed-Use Center For Sale

    610-622 N Gilbert St, Danville, IL

    Value-add mixed-use center with diverse tenants and upside potential.
    • Value‑added, mixed‑use center with cash flow and upside potential.
    • Diverse tenant mix including Industry Labs, Full Access Healthcare, Swing Sports, Aunt Martha’s Medical Group, and Rent‑A‑Center.
    • Current occupancy rate of 75%.
    • Property originally constructed in 1969.
    • Building divided into five distinct storefronts.
    Updated: Jan 9, 2025
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    Two-Story Brick Building in Danville
    $525,000
    56,465 SF
    Two-Story Brick Building in Danville

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

    200 N Vermilion St, Danville, IL 61832

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    Based on your search, we've compiled 11 Potential Opportunities for your consideration. Besides 3 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.

    Restored Historic Mixed-Use Building
    $395,000
    0.06 Acres
    Restored Historic Mixed-Use Building

    Completely renovated mixed-use property with retail and residential spaces.

    106 W Washington Street, Philo, IL 61864

    View details
    Historic Downtown Champaign Mixed-Use Building
    $3,850,000
    0.29 Acres
    Historic Downtown Champaign Mixed-Use Building

    Landmark building with retail, residential, and office space.

    41 E. University Avenue, Champaign, IL 61820

    View details
    Versatile Commercial Space in Philo
    $495,000
    41,247 SF
    Versatile Commercial Space in Philo

    Functional commercial space with flexible layout and desirable features.

    204 Monroe Street, Philo, IL 61864

    View details
    Historic Mixed-Use Building in Champaign
    $3,850,000
    22,052 SF
    Historic Mixed-Use Building in Champaign

    Historic building with retail, residential, and office space.

    41 E. University Avenue, Champaign, IL 61820

    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.

    Prime Commercial Land Opportunity
    $3,000,000
    37.09 Acres
    Prime Commercial Land Opportunity

    37+ acres near Terre Haute Casino, development potential.

    4400 Margaret Avenue lot: 4300 Margaret Avenue, Terre Haute, IN 47802

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    Prime Commercial Land Near Casino
    $3,000,000
    37.09 Acres
    Prime Commercial Land Near Casino

    37+ acres of commercial land adjacent to Terre Haute Casino.

    4400 Margaret Avenue, Terre Haute, IN 47802

    View details
    9.5-Acre Development Opportunity in Avon
    $3,600,000
    9.50 Acres
    9.5-Acre Development Opportunity in Avon

    Premier land parcel for mixed-use, retail, or multifamily development.

    5283 East Main Street, Avon, IN 46123

    View details
    Prime Land Parcel in Plainfield
    $1,995,000
    2.72 Acres
    Prime Land Parcel in Plainfield

    2.72 acre commercial land parcel in Plainfield, Indiana.

    1771 Quaker Boulevard, Plainfield, IN 46168

    View details

    Danville, IL Mixed-Use Properties Investment Opportunities Market Analysis

    Explore 3 mixed-use properties for sale in Danville, IL, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 93,265 square feet of properties for sale, with an estimated market value of $2,845,000.

    Sale prices for multi use buildings in Danville, IL start at $120,000, averaging $948,333, and reaching up to $2,200,000 — 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

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    Property Size Breakdown

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

    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 median listing prices of real estate assets

    Neighborhood Average Price
    61832 $525K

    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%

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