923 Vermilion StDanville, IL 61832

  • Other commercial real estate
  • 0.43 AC
For Lease
$15/SF/YR View listing

Property Details for 923 Vermilion St

Lot size
0.43 AC
Property type
Other commercial real estate
APN
23-05-204-019
APU
2305204019

Description

This exceptional 3,645 square foot office suite, located at 923 N Vermilion St in Danville, Illinois, presents a fantastic opportunity for a single tenant. Built in 1978, this well-maintained property boasts a spacious reception area, seven private offices, a conference room, a break area, two restrooms, a central work area, and valuable loft storage. The property also includes convenient off-street parking. The suite is part of a larger 5,000 square foot building, zoned P1-Professional Office and R-2-Single Family Medium Density (APN: 23-05-204-204-019, Vermilion County). Its strategic location on North Vermilion Street, just north of the busy Vermilion-Fairchild intersection, offers excellent visibility and accessibility. Nearby amenities include Danville High School, CVS, Hardee's, Royal Donut, and numerous other professional offices and retail businesses, ensuring high foot traffic and convenient access for clients and employees. This property is ideal for businesses seeking a well-equipped, conveniently located, and readily available office space in a thriving community. The property is ready for immediate occupancy.

Valuation
by Realmo methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $6,890,138
    Hospitality
    $6,311,329
    Educational
    $5,250,952
    Medical
    $5,431,540
    Retail
    $8,168,147
923 Vermilion St, Danville, Illinois
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Location Insight

City
Danville
County
Vermilion
State
Illinois
Latitude
40.1401
Longitude
-87.6298
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
$12,797
$28,368
$102,058
$130,426
-
$85,104
$306,174
$391,278

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