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Property profile & analytics

425 Gilbert St Danville, IL 61832-5633

  • Commercial real estate
  • 0.42 lot acres
OFF-MARKET
Value Estimations
Cap Rate Potential
Location Intelligence
Property ID
US28-4840919
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

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Property Details for 425 Gilbert St

Lot size
0.42 lot acres
Property type
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.


Value Estimations

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Location Insight

  • Map
  • Local Demand
City
Danville
County
Vermilion
State
Illinois
Longitude
-87.6352
Latitude
40.1322
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
$5,480
$29,804
$26,046
$55,850
-
$89,412
$78,138
$167,550
More about this property
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