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    Danville, IL
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    Danville, IL Multifamily Properties for Sale

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    Tilton, IL Westville, IL Catlin, IL Georgetown, IL Alvin, IL Williamsport, IN Covington, IN Ridge Farm, IL
    8 properties
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    Mobile Home Park with Multi-Use Building
    Updated: May 6
    Mobile Home Park with Multi-Use Building

    3117 E Voorhees St, Danville, IL 61834

    $249,900
    3,200 sqft 9.33 AC lot
    9.33‑acre property with four income‑producing mobile homes
    Large on‑site building with 3,200+ square feet, previously used for a variety of businesses and church gatherings
    3,200+ SF building offers flexible space for entrepreneurs, community use, or future development
    Additional space on the 9.33‑acre lot provides room to expand and add more income‑producing properties
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    This listing looks promising.

    Here's a quick look at some key insights for

    3117 E Voorhees St, Danville, IL

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    • Est. Cap Rate

      8.3%
      Above avg (5.9%)

    • Est. NOI

      $21K
      Annual

    • Price @ 7% Cap

      $297K
      Above asking
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    Five-Unit Apartment Building
    Updated: May 27
    Five-Unit Apartment Building

    716 Robinson Street, Danville, IL 61832

    $129,900
    0.35 AC lot
    Total of 5 units: four 2 bed/1 bath and one 1 bed/1 bath
    Duplex‑and‑house on one parcel plus duplex on a separate parcel
    Zoned MULTI
    0.35‑acre lot
    Built in 1940
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    Duplex with Two 3-Bed Units
    Duplex with Two 3-Bed Units

    17 Indiana Street, Danville, IL 61832

    $69,900

    Duplex built in 1950 with two vacant 3-bedroom, 1-bath units, natural gas heat, and public water and sewer.

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    Brick Duplex with Finished Expansion Potential
    Brick Duplex with Finished Expansion Potential

    1003 N Franklin Street, Danville, IL 61832

    $79,900

    Both residences are occupied and professionally managed, with tenants responsible for their own utilities.

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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    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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    Apartment Building
    Apartment Building

    315 Robinson Street, Danville, IL 61832

    $89,900
    1,997 sqft

    Apartments include kitchen appliances, window A/C, and building-wide boiler heat.

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    Five-Unit Residential Income Property
    Five-Unit Residential Income Property

    716 Robinson Street, Danville, IL 61832

    Contact for pricing
    4,300 sqft

    Residential income property with five units total, including four two-bedroom apartments and one one-bedroom apartment.

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    Centrally Located Multifamily Property
    Centrally Located Multifamily Property

    1003 N Franklin St, Danville, IL 61832

    Contact for pricing
    1,400 sqft

    Multifamily investment opportunity in a central location.

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    Based on your search, we've compiled 13 Potential Opportunities for your consideration. Besides 8 Active listings in Danville, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 1 Off-Market properties to explore as potential leads

    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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    Improved Commercial Land with Mobile Park
    Improved Commercial Land with Mobile Park

    3202 E University Ave, Urbana, IL 61802

    Contact for pricing
    1.88 AC lot

    Improved corner commercial parcel with an operating mobile home park, including nine occupied pads and metered utilities.

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    Triplex With Off-Street Parking
    Triplex With Off-Street Parking

    412 E Main Street, Hoopeston, IL 60942

    $60,000

    Income-producing multifamily property with assigned parking, public utilities, and a front porch.

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    Three-Unit Multifamily Property
    Three-Unit Multifamily Property

    514 E Main Street, Hoopeston, IL 60942

    $65,000

    Multifamily asset with three residential units, a basement, and public water and sewer service.

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    Off-Market Properties in Danville, IL

    Consider similar Off-Market properties in Danville, IL. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    822 Texas Ave
    Multifamily properties

    822 Texas Ave, Danville, IL 61832

    Value Estimation by Request
    0.15 AC lot
    View details

    Danville, IL Multifamily Properties Market Trends and Statistics

    Explore 9 multifamily properties for sale in Danville, IL, showcased through 8 active listings on our real estate platform. These investment opportunities span a total of 16,623 square feet of properties for sale, with an estimated market value of $744,500.

    Sale prices for multifamily properties in Danville, IL start at $69,900, averaging $124,083, and reaching up to $249,900 — 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

    Apartment buildings 4
    Duplexes 2
    Mobile home & RV parks 1

    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 $107.4K
    61834 $249.9K

    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%

    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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    Most Searched ZIP Codes in Danville, IL

    • 61832
    • 61834

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