Advertise
    Danville, IL
    Multifamily

    Danville, IL Multifamily Properties for Sale

    Notify Me
    List
    Map
    Tilton, IL Westville, IL Catlin, IL Oakwood, IL Perrysville, IN Georgetown, IL Covington, IN Williamsport, IN
    8 properties
    Sort:
    Five-Unit Multifamily Property
    Updated: May 27
    Five-Unit Multifamily Property

    716 Robinson Street, Danville, IL 61832

    $129,900
    0.35 AC lot
    Five total units: 4 x 2bed/1bath units and 1 x 1bed/1bath unit
    Two duplexes and one separate house across two parcels
    Approximately 0.35 acres of land
    MULTI zoning
    Built in 1940
    View details
    Mobile Home Park with Multi-Use Building
    Updated: May 7
    Mobile Home Park with Multi-Use Building

    3117 E Voorhees Street, 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
    View details
    Two-Unit Duplex With Garages
    Two-Unit Duplex With Garages

    1210 N Vermilion Street, Danville, IL 61832

    $132,500
    3,100 sqft

    Separately metered residences include individual garage spaces and a usable basement.

    View details
    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
    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.

    View details
    Centrally Located Multifamily Property
    Centrally Located Multifamily Property

    1003 N Franklin Street, Danville, IL 61832

    $54,000
    1,400 sqft

    Multifamily investment opportunity in a central location.

    View details
    Fully Leased 4-Unit Quadplex
    Fully Leased 4-Unit Quadplex

    1224 Marion Street, Danville, IL 61832

    $132,500

    Fully leased income property with professional management and natural gas service.

    View details
    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Duplex with Garage
    Duplex with Garage

    1206 N Vermilion Street, Danville, IL 61832

    $124,000

    1910 duplex with a fenced backyard, two-car garage, and separate upper- and lower-level living spaces.

    View details
    Four-Unit Apartment Building
    Four-Unit Apartment Building

    409 S Buchanan St, Danville, IL 61832

    $89,000

    Currently rented residential property with one-bedroom units near downtown.

    View details
    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.

    16-Unit Brick Apartment Buildings
    16-Unit Brick Apartment Buildings

    1942 County Road 3000 North, Rantoul, IL 61866

    $685,000
    63,732 sqft

    Two residential buildings offer a defined unit mix, private utility systems, resident parking, and owner-supplied appliances.

    View details
    Three-Unit Residential Property
    Three-Unit Residential Property

    514 E Main Street, Hoopeston, IL 60942

    $65,000

    Residential income property with multiple bedrooms, three bathrooms, and basement space.

    View details
    Two-Unit Duplex Property
    Two-Unit Duplex Property

    725 S 2nd Avenue, Hoopeston, IL 60942

    $63,000

    Two-level rental with separate utilities and independent access for each residence.

    View details
    16-Unit Apartment Complex
    16-Unit Apartment Complex

    1942 COUNTY ROAD 3000N, Rantoul, IL 61866

    $685,000
    1.45 AC lot

    Two all-brick residential buildings offer varied one- and two-bedroom layouts with tenant-paid utilities and on-site parking.

    View details

    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

    Estimated value: 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 13,426 square feet of properties for sale, with an estimated market value of $1,036,800.

    Sale prices for multifamily properties in Danville, IL start at $54,000, averaging $129,600, 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.

    List
    Map

    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Duplexes 3
    Quadplexes 2
    Apartment buildings 1
    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 $112.4K
    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%

    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.

    Need Help?

    Reach out if you need assistance with Realmo tools or have questions about your listings

    Contact Us

    Browse Multifamily properties for Sale Near Danville, IL

    Popular Searches in Danville, IL

    Popular Categories

    Most Searched ZIP Codes in Danville, IL

    • 61832
    • 61834
    Why this one?
    Saved
    Reason not saved — we won't ask again

    Select Neighborhood

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!