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Property profile & analytics
OFF-MARKET
Commercial real estate

822 Texas Ave Danville, IL 61832

0.15 ac lot Built 1940
Property ID
US28-2999123
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Commercial real estate
Year built 1940
Lot 0.15 ac (6,534 SF)
APN 23-16-106-012
UPID US28-2999123
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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