822 Texas Ave Danville, IL 61832
- Commercial real estate
- 0.15 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 822 Texas Ave
- Year built
- 1940
- Lot size
- 0.15 lot acres
- Property type
- Commercial real estate
- APN
- 23-16-106-012
Description
This exceptional investment opportunity presents a fully renovated two-unit apartment building situated on a 0.15-acre lot in Danville, Illinois. The property, located at 822 Texas Ave, boasts a desirable address within Vermilion County, zip code 61832 (APN: 23-16-106-012). Built in 1940, this two-story structure has undergone a comprehensive renovation, with every aspect meticulously updated. The renovation included a complete replacement of the roof, both HVAC systems, both water heaters, the electrical system, and all plumbing. Modern kitchens and new flooring enhance the appeal of each unit. Residents will appreciate the convenience of rear parking, a fenced yard, and a storage shed. The property's permitted zoning is classified as "Other," and its strong rental potential makes it an attractive addition to any investment portfolio. This turnkey property offers immediate income generation and significant long-term growth prospects. The asking price is $174,900. This is a rare opportunity to acquire a meticulously maintained, high-yield property in a desirable location.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Danville
- County
- Vermilion
- State
- Illinois
- Longitude
- -87.6126404
- Latitude
- 40.1146971
