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    Danville, IL
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    Danville, IL Multifamily Properties for Sale

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    Tilton, IL Westville, IL Georgetown, IL
    Danville Multifamily Investment Opportunity
    Updated: May 27
    Danville Multifamily Investment Opportunity

    716 Robinson Street, Danville, IL 61832

    $129,900
    0.35 AC lot
    Year built 1940
    Total of 5 rental units: four 2 bed/1 bath units and one 1 bed/1 bath unit
    Includes a duplex and a house on one parcel, plus a duplex on a separate parcel
    Units are rent ready; one 2‑bed unit has already been rented
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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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    Danville Brick Duplex For Sale
    Danville Brick Duplex For Sale

    1003 N Franklin Street, Danville, IL 61832

    $79,900

    Brick duplex in Danville, Illinois, with rental income potential.

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    Centrally Located Multifamily Property
    Centrally Located Multifamily Property

    1003 N Franklin St, Danville, IL 61832

    $79,900
    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 4 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, 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.

    Downtown Champaign Mixed-Use Building
    Downtown Champaign Mixed-Use Building

    320 N Neil Street, Champaign, IL 61820

    $1,250,000
    5,865 sqft · 0.08 AC lot

    Prime mixed-use property in downtown Champaign with rental income.

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    Updated Duplex with Garages and Decks
    Updated Duplex with Garages and Decks

    1105 E Florida Avenue, Urbana, IL 61801

    $274,000

    Well-maintained duplex for sale with attached garages, private fenced yards, and updated major exterior systems.

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    Urbana Multifamily Portfolio
    Urbana Multifamily Portfolio

    2008 Vawter Ave, 1301 Mitchem Dr, 1303 Mitchem Dr, 2006 Vawter Ave, 2004 Vawter Ave, 2017 Vawter Ave, Urbana, IL 61801

    $5,800,000
    600 sqft

    Six-building, 77-unit multifamily portfolio in Urbana, Illinois.

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    Prime Development Land Near UIUC
    Prime Development Land Near UIUC

    113 E University Ave, Champaign, IL 61820

    Contact for pricing
    2.25 AC lot

    2.25 acres near University of Illinois Urbana-Champaign campus.

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    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.

    Wooded Homesite in Wheatfield, Indiana
    Wooded Homesite in Wheatfield, Indiana

    4418 Oakland Court, Wheatfield, IN 46392

    Contact for pricing
    0.57 AC lot

    Spacious, wooded 0.57-acre lot in established neighborhood.

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    University Park Developable Land
    University Park Developable Land

    976 Mesa Court, University Park, IL 60484

    Contact for pricing
    3.20 AC lot

    3.2 acres with 24 concrete housing pads in University Park.

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    Land For Sale, Lakemoor, IL
    Land For Sale, Lakemoor, IL

    27 Oyster Bay, Lakemoor, IL 60051

    Contact for pricing
    0.12 AC lot

    Commercial land available in Lakemoor, Illinois.

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    Commercial Land Development Parcel
    Commercial Land Development Parcel

    17039 Hillside Lane, Jerseyville, IL 62052

    $70,000
    2.10 AC lot

    Roughly two acres off Route 67 with utilities in place and an existing concrete pad for flexible development uses.

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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 5 multifamily properties for sale in Danville, IL, showcased through 4 active listings on our real estate platform. These investment opportunities span a total of 4,600 square feet of properties for sale, with an estimated market value of $329,800.

    Sale prices for multifamily properties in Danville, IL start at $79,900, averaging $164,900, 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

    Duplexes 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 $96.6K
    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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