425 Gilbert StDanville, IL 61832

Property Details for 425 Gilbert St

Lot size

0.42 AC

Property type

Other commercial real estate

APN

23-05-319-095

APU

2305319095

Description

This exceptional 800-square-foot Class A office suite, located at 425 N Gilbert St, Suite 1, Danville, IL 61832, is available for lease. Situated in a three-building, two-story complex renovated in 2023, this single-tenant space features 2-3 private offices and a large waiting area, along with a private restroom. The suite boasts an 8-foot ceiling height and is conveniently located near Williams Street. Ample parking is available for tenants and visitors. The building offers convenient amenities including a common kitchenette, two ADA-compliant public restrooms, and an elevator (passenger/enclosed vertical platform lift) servicing both floors. Exterior features include a newly landscaped courtyard with ADA-compliant ramps and walkways, illuminated signage (pylon and building signs), and excellent common area lighting controlled by photocells. The property is zoned B3 (APN: 23-05-319-083) and benefits from a strong location near Interstate 74, the downtown area, courthouse, library, hospitals, Palmer Arena, banks, government center, police and fire stations, hotels, restaurants, shopping, and mass transit routes. Common area maintenance charges (CAM) cover property taxes, camera security system, property insurance, common area maintenance and cleaning, common area electric, weekly grounds cleanup, all water and sanitary bills, trash removal, and internet. Daily traffic counts (as of 3/21/2020, per IDOT) are estimated at 21,400 vehicles, reflecting recent road closures.

• Alternative Use

  Use

  Valuation

  Residential

  $6,729,756

  Hospitality

  $6,164,421

  Educational

  $5,128,726

  Medical

  $5,305,110

  Retail

  $7,978,018

Location Insight

City

Danville

County

Vermilion

State

Illinois

Latitude

40.1322

Longitude

-87.6352

CBSA code

19180

CBSA name

DANVILLE, IL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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