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    Property profile & analytics

    Danville, IL 61832

    • Office Properties & Spaces
    • 0.17 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US28-3421665
    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

    • Office Properties & Spaces

    Property Details

    Lot size
    0.17 lot acres
    Property type
    Office Properties & Spaces
    APN
    23-03-300-054
    APU
    2303300054

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Danville
    County
    Vermilion
    State
    Illinois
    Longitude
    -87.6008
    Latitude
    40.1318
    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
    $229
    $2,331
    $0.00
    $2,331
    -
    $6,993
    $0.00
    $6,993

    Comparable in this City

    • Value Estimation by Request
      28,312 SF

      401 Franklin St

      Individual retail properties • 28,312 SF
      401 Franklin St, Danville, IL 61832
      View Details
    • Value Estimation
      $345,000
      1.40 Acres

      1101 Winter Ave

      OFFICE (GENERAL) • 1.40 Acres
      1101 Winter Ave, Danville, IL 61832-2295
      View Details
    • Value Estimation by Request
      1.41 Acres

      3805 Vermilion St

      OFFICE (GENERAL) • 1.41 Acres
      3805 Vermilion St, Danville, IL 61832-1150
      View Details
    • Value Estimation
      $190,000
      0.15 Acres

      737 Logan Ave

      OFFICE (GENERAL) • 0.15 Acres
      737 Logan Ave, Danville, IL 61832-4363
      View Details
    • Value Estimation
      $375,000
      0.81 Acres

      910 Clay St

      OFFICE (GENERAL) • 0.81 Acres
      910 Clay St, Danville, IL 61832-4309
      View Details
    • Value Estimation
      $160,000
      0.21 Acres

      601 Logan Ave

      OFFICE (GENERAL) • 0.21 Acres
      601 Logan Ave, Danville, IL 61832-4320
      View Details

    Similar Nearby for Sale

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      Danville Office Building Investment

      Multi-tenant office building, high cap rate.
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      View Details
    • $1,950,000
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      28,312 SF State Lease Investment Offering

      28,312 SF State Lease Investment Offering
      401 - 407 N Franklin St., Danville, IL 61832
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    • $975,000
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      Danville Medical Office Building

      Prime Medical Office, 5,304 SF, $975K
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    Similar Nearby for Lease

    • $6 SF/Yr
      10,000 SF

      Downtown Danville Second-Floor Office Suite

      Spacious, ADA-accessible office suite in Downtown Danville with included utilities.
      27 N Vermilion St, Danville, IL 61832
      View Details
    • Contact for pricing
      8,533 SF

      Danville Medical Office Space Available

      Prime Medical Office, Danville, IL - 8,533 SF
      707 Logan Ave, Danville, IL 61832
      View Details
    • $8 SF/Yr
      35,000 SF

      Danville Industrial Retail Space

      Prime Danville location, 35,000 SF, 20,000 SF vacant.
      1507 Bowman Ave, Danville, IL 61832
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    • $10 SF/Yr
      14,000 SF

      Versatile Space in Danville, IL

      14,000 SF space suitable for retail, apartments, or pub.
      23 W North St, Danville, IL 61832
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    • Contact for pricing
      13,225 SF

      Prime Danville Retail Space

      13,225 SF Freestanding Retail Building
      900 Main St, Danville, IL 61832
      View Details
    • Contact for pricing
      50,232 SF

      Retail Space on Vermilion Street

      Retail spaces available in Danville, Illinois shopping center.
      2917 N Vermilion St, Danville, IL 61832
      View Details
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    Danville, IL 61832
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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