2606 Vermilion StDanville, IL 61832
- Other commercial real estate
- 1.42 AC
Property Details for 2606 Vermilion St
- Lot size
- 1.42 AC
- Property type
- Other commercial real estate
- APN
- 18-29-100-048
- APU
- 1829100048
Description
This exceptional 1.33-acre commercial land parcel presents a unique investment opportunity in Danville, Illinois. Located at 2606 N. Vermilion St., this property boasts a highly desirable B-2 zoning designation, opening doors to a wide range of commercial development possibilities. Previously occupied, the site has undergone significant preparation, with the existing building and tanks having been recently removed, leaving a clean slate for future construction. The property's strategic location along Danville's north retail corridor ensures high visibility and accessibility. Its proximity to established businesses such as Wendy's, Wingstop, and Dairy Queen, among other retail and restaurant establishments, guarantees a strong commercial presence and significant foot traffic. The expansive lot size offers ample space for a variety of development projects, making it an ideal location for new construction or expansion. This property is situated in Vermilion County, Illinois, with the zip code 61832. The address is precisely 2606 N Vermilion St, Danville, IL. The asking price for this exceptional opportunity is $175,000. Don't miss this chance to acquire a prime piece of commercial real estate in a thriving retail area.
Valuation
by Realmo methods
- Valuation date:
- Dec 11, 2024
-
Alternative Use
- Use
- Valuation
- Residential
- $22,753,162
- Hospitality
- $20,841,774
- Educational
- $17,340,112
- Medical
- $17,936,464
- Retail
- $26,973,506








Location Insight
- City
- Danville
- County
- Vermilion
- State
- Illinois
- Latitude
- 40.1677
- Longitude
- -87.6313
- CBSA code
- 19180
- CBSA name
- DANVILLE, IL METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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