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    Danville, IL
    Residential Income

    Danville, IL Residential Income Properties for Sale

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    Mobile Home Park with Multi-Use Building
    Updated: May 6
    Mobile Home Park with Multi-Use Building

    3117 E Voorhees St, Danville, IL 61834

    $249,900
    3,200 sqft 9.33 AC lot
    9.33‑acre property with four income‑producing mobile homes
    Large on‑site building with 3,200+ square feet, previously used for a variety of businesses and church gatherings
    3,200+ SF building offers flexible space for entrepreneurs, community use, or future development
    Additional space on the 9.33‑acre lot provides room to expand and add more income‑producing properties
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    This listing looks promising.

    Here's a quick look at some key insights for

    3117 E Voorhees St, Danville, IL

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    • Est. Cap Rate

      8.3%
      Above avg (5.9%)

    • Est. NOI

      $21K
      Annual

    • Price @ 7% Cap

      $297K
      Above asking
    View Property Analytics
    Five-Unit Multifamily Property
    Updated: May 27
    Five-Unit Multifamily Property

    716 Robinson Street, Danville, IL 61832

    $129,900
    0.35 AC lot
    Total of 5 rental units: four 2 bed/1 bath units and one 1 bed/1 bath unit
    Units are rent ready, with one 2 bed/1 bath unit just rented
    Year built 1940
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    Duplex with Two 3BR/1BA Units
    Duplex with Two 3BR/1BA Units

    17 Indiana Street, Danville, IL 61832

    $69,900

    Duplex with two 3-bedroom, one-bath units, currently vacant and marketed for rental.

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    Danville Brick Duplex For Sale
    Danville Brick Duplex For Sale

    1003 N Franklin Street, Danville, IL 61832

    $79,900

    Brick duplex in Danville, Illinois, with rental income potential.

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    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
    Mixed-Use Property with Income Potential
    Mixed-Use Property with Income Potential

    110 N Vermilion St, Danville, IL 61832

    $149,900
    5,726 sqft 0.18 AC lot

    Commercial property with business and residential income potential in Danville.

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    Five-Unit Residential Income Property
    Five-Unit Residential Income Property

    716 Robinson Street, Danville, IL 61832

    Contact for pricing
    4,300 sqft

    Residential income property with five units total, including four two-bedroom apartments and one one-bedroom apartment.

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    Centrally Located Multifamily Property
    Centrally Located Multifamily Property

    1003 N Franklin St, Danville, IL 61832

    Contact for pricing
    1,400 sqft

    Multifamily investment opportunity in a central location.

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    Based on your search, we've compiled 17 Potential Opportunities for your consideration. Besides 7 Active listings in Danville, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 2 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Mixed-Use Building with Retail
    Mixed-Use Building with Retail

    218 West Main Street, Urbana, IL 61801

    $1,095,000
    5,061 sqft

    Historic mixed-use building features two leased ground-floor retail suites and four renovated 2-bed apartments.

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    52-Pad Mobile Home Community
    52-Pad Mobile Home Community

    1 Mahoning Ave, Rantoul, IL 61866

    Contact for pricing
    186,436 sqft

    52-pad mobile home community with 49 occupied, municipal water and sewer, and off-street parking for residents.

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    Renovated Multifamily Building
    Renovated Multifamily Building

    1306 Silver Street, Urbana, IL 61801

    Contact for pricing
    12,086 sqft

    Fully renovated multifamily property with a 2BR/1BA-focused unit mix and new major building systems throughout.

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    Well-Maintained Apartment Complex in Rantoul
    Well-Maintained Apartment Complex in Rantoul

    1942 COUNTY ROAD 3000N, Rantoul, IL 61866

    $685,000
    1.45 AC lot

    Sixteen-unit apartment complex with strong rental appeal in Rantoul.

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    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Lakefront Acreage in Lakewood Estates
    Lakefront Acreage in Lakewood Estates

    DOR1701B Henning Road lot: Dor1701b, Danville, IL 61834

    $115,000
    8.15 AC lot

    8.15 acres on Beaver Lake, ideal for building a home.

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    City Lot in Montezuma, IN
    City Lot in Montezuma, IN

    N Washington Street, Montezuma, IN 47862

    Contact for pricing
    0.27 AC lot

    Versatile city lot with utilities access in Montezuma, Indiana.

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    Urbana Homesite in Green Subdivision
    Urbana Homesite in Green Subdivision

    3002 N Brickhouses Road, Urbana, IL 61802

    $150,000
    0.88 AC lot

    0.88 acre homesite in sustainable living neighborhood.

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    Premium Lot in Urbana, IL
    Premium Lot in Urbana, IL

    3008 Brickhouses Road, Urbana, IL 61802

    $195,000
    1.24 AC lot

    Large 1.24 acre lot near Urbana with utilities.

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    Off-Market Properties in Danville, IL

    Consider similar Off-Market properties in Danville, IL. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    822 Texas Ave
    Multifamily properties

    822 Texas Ave, Danville, IL 61832

    Value Estimation by Request
    0.15 AC lot
    View details
    22864 St Rte
    Land

    22864 St Rte, Danville, IL 61834

    Value Estimation by Request
    5.10 AC lot
    View details

    Danville, IL Residential Income Properties Market Trends and Statistics

    Explore 9 residential income properties for sale in Danville, IL, showcased through 7 active listings on our real estate platform. These investment opportunities span a total of 14,626 square feet of properties for sale, with an estimated market value of $679,500.

    Sale prices for residential income properties in Danville, IL start at $69,900, averaging $135,900, and reaching up to $249,900 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Multifamily properties 7
    Apartment buildings 3
    Duplexes 2
    Mobile home & RV parks 1

    Demographics Overview

    Population 42K
    Population Growth (5Y) -11.4%
    Median Household Income $52,334
    College Educated 20.4%

    High-Yield Neighborhoods for Investment

    Identify Danville submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    61832 $206.9K
    61834 $249.9K

    Taxes & Financing

    Tax Rate (average for all types) 9.28%
    Tax Rate vs County Average 0.11 pp above county avg
    Average Loan-to-Value 65.0%

    Property Size Breakdown

    The majority of commercial real estate listings in Danville fall within the 10,000 to 25,000 square foot range.

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    Most Searched ZIP Codes in Danville, IL

    • 61832
    • 61834

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