842 E Main St Danville, IL 61832
For Sale
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This 13,500-square-foot freestanding retail building, situated on a 1.25-acre lot in Danville, Illinois, presents a compelling investment opportunity. Built in 1995, the single-story structure features 50 parking spaces and a convenient drive-through, originally designed for a pharmacy tenant. The building boasts a prime location on a signaled hard corner along Danville's main east-west corridor, just three-quarters of a mile from Interstate 74 access. This high-traffic area is surrounded by established businesses including McDonald's, Burger King, Phillips 66, and Trinity Lutheran Church and School, ensuring high visibility and potential customer traffic. The building's construction includes steel framing, CMU bearing walls, brick veneer and painted EIFS exterior panels. Roofing consists of steel-joist supported metal decks with a low-slope TPO system and asphalt shingles on the front. Interior finishes include suspended ceiling tiles, painted drywall, exposed structure in storage areas, and flooring of 12x12 tile and exposed concrete. The property is zoned B-2 and has a Vermilion County APN of 23 09 100 104. Currently vacant, this property offers significant potential for a variety of retail uses. The entire 13,500 square feet is available.
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FedEx OnSite Postal Service Courier Service
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Walgreens Pharmacy Pharmacy
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Marie Tam, RPh Pharmacy
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Western Union Bank Credit Union
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Walgreens Pharmacy
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
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.