735 N Logan Ave, Danville, IL 61832
For Sale
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This exceptional 5,304-square-foot medical office building, located at 735 N Logan Ave in Danville, Illinois (zip code 61832), presents a unique investment opportunity. Originally constructed in 1978 and significantly renovated in 2010, the property boasts a desirable P-1 Professional Use zoning. The building features thirteen exam rooms, a spacious reception area complete with check-in and check-out stations, a dedicated records office, three private offices, and a well-equipped lab area. A full basement provides additional valuable space, including a break room, more office space, extra exam rooms, and a substantial file room. The asking price is $975,000, translating to $183.82 per square foot. The property operates under a NNN lease structure. Its strategic location directly across from OSF Hospital, within a cluster of other medical offices, ensures high visibility and accessibility for patients and staff. Fixtures, furniture, and equipment are negotiable. This turnkey medical facility is ready for immediate occupancy and offers significant potential for growth and return on investment.
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Family Practice Medical Clinic
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Sadiq Naveed I MD Physician
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Sadiq Raja M MD Pediatrician Physician
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Kara K. Wangler, RN Physician
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Kara Sharpf Physician
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.