705 Gilbert StDanville, IL 61832

  • Other commercial real estate
  • 1.19 AC
For Lease

Property Details for 705 Gilbert St

Lot size
1.19 AC
Property type
Other commercial real estate
APN
23-05-313-009
APU
2305313009

Description

This exceptional 6,200-square-foot retail space at 705 N. Gilbert St. in Danville, Vermilion County, presents a remarkable opportunity for businesses seeking a prominent presence. Currently vacant, the single-tenant property boasts a versatile layout adaptable to a wide range of retail or commercial uses. The expansive storefront windows ensure high visibility and attract significant foot traffic, while the ample on-site parking (80 spaces) provides convenient access for customers and employees. The interior is customizable, allowing businesses to tailor the space to their specific needs and operational requirements. The efficient floor plan facilitates streamlined operations and effective product displays, maximizing the potential for success. This property offers a dynamic and welcoming environment, perfectly suited for businesses seeking a high-impact location with excellent visibility and accessibility in a thriving area. Its modern amenities and professional exterior create a strong first impression, enhancing brand exposure and attracting a loyal customer base. This is an ideal opportunity to establish or expand your business in a prime Danville location.

Valuation
by Realmo methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $19,067,704
    Hospitality
    $17,465,916
    Educational
    $14,531,436
    Medical
    $15,031,195
    Retail
    $22,604,456
705 Gilbert St, Danville, Illinois
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Location Insight

City
Danville
County
Vermilion
State
Illinois
Latitude
40.1362
Longitude
-87.6349
CBSA code
19180
CBSA name
DANVILLE, IL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$18,908
$99,990
$92,715
$192,705
-
$299,970
$278,145
$578,115

FAQs

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