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    Danville, IL Residential Income Properties for Sale

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    Tilton, IL Westville, IL Georgetown, IL
    Danville Multifamily Investment Opportunity
    $129,900
    0.35 Acres
    Danville Multifamily Investment Opportunity

    716 Robinson Street, Danville, IL 61832

    Five units with value-add potential in Danville, Illinois.
    • Great return on investment potential.
    • Amazing value add opportunity.
    • Includes a duplex and a house on one parcel, plus a duplex on another.
    • Total of 5 units: 4 x 2bed/1bath and 1 x 1bed/1bath.
    • Units are rent ready.
    Updated: May 27
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    Danville Brick Duplex For Sale
    $79,900
    Danville Brick Duplex For Sale

    1003 N Franklin Street, Danville, IL 61832

    Brick duplex in Danville, Illinois, with rental income potential.
    • Duplex: Two rental units providing immediate income
    • Tenants pay all utilities
    • Basement has space for 2 additional units
    • Professionally managed
    • Newer roof
    Updated: Feb 10
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    Centrally Located Multifamily Property
    $79,900
    1,400 SF
    Centrally Located Multifamily Property

    Multifamily investment opportunity in a central location.

    1003 N Franklin St, Danville, IL 61832

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    Two-Story Brick Building in Danville
    $525,000
    56,465 SF
    Two-Story Brick Building in Danville

    Versatile building in Danville's business district, ready for transformation.

    200 N Vermilion St, Danville, IL 61832

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    Based on your search, we've compiled 14 Potential Opportunities for your consideration. Besides 4 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.

    Updated Duplex with Garages and Decks
    $274,000
    Updated Duplex with Garages and Decks

    Well-maintained duplex for sale with attached garages, private fenced yards, and updated major exterior systems.

    1105 E Florida Avenue, Urbana, IL 61801

    View details
    Historic Mixed-Use Building with Parking
    $3,850,000
    0.29 Acres
    Historic Mixed-Use Building with Parking

    1913 mixed-use building with off-street parking and large windows designed for natural light.

    41 E. University Avenue, Champaign, IL 61820

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    Urbana Multifamily Portfolio
    $5,800,000
    600 SF
    Urbana Multifamily Portfolio

    Six-building, 77-unit multifamily portfolio in Urbana, Illinois.

    2008 Vawter Ave, 1301 Mitchem Dr, 1303 Mitchem Dr, 2006 Vawter Ave, 2004 Vawter Ave, 2017 Vawter Ave, Urbana, IL 61801

    View details
    Prime Development Land Near UIUC
    Contact for pricing
    2.25 Acres
    Prime Development Land Near UIUC

    2.25 acres near University of Illinois Urbana-Champaign campus.

    113 E University Ave, Champaign, IL 61820

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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
    $115,000
    8.15 Acres
    Lakefront Acreage in Lakewood Estates

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

    DOR1701B Henning Road lot: Dor1701b, Danville, IL 61834

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    City Lot in Montezuma, IN
    Contact for pricing
    0.27 Acres
    City Lot in Montezuma, IN

    Versatile city lot with utilities access in Montezuma, Indiana.

    N Washington Street, Montezuma, IN 47862

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    Urbana Homesite in Green Subdivision
    $150,000
    0.88 Acres
    Urbana Homesite in Green Subdivision

    0.88 acre homesite in sustainable living neighborhood.

    3002 N Brickhouses Road, Urbana, IL 61802

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    Premium Lot in Urbana, IL
    $195,000
    1.24 Acres
    Premium Lot in Urbana, IL

    Large 1.24 acre lot near Urbana with utilities.

    3008 Brickhouses Road, Urbana, IL 61802

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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
    Lot: 0.15 Acres
    Value Estimation by Request

    822 Texas Ave, Danville, IL 61832

    View details
    22864 St Rte
    Land
    Lot: 5.10 Acres
    Value Estimation by Request

    22864 St Rte, Danville, IL 61834

    View details

    Danville, IL Residential Income Properties Investment Opportunities Market Analysis

    Explore 6 residential income properties for sale in Danville, IL, showcased through 4 active listings on our real estate platform. These investment opportunities span a total of 57,865 square feet of properties for sale, with an estimated market value of $604,900.

    Sale prices for residential income properties in Danville, IL start at $79,900, averaging $302,450, and reaching up to $525,000 — 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 4
    Duplexes 2
    Apartment buildings 1
    Single family properties 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 $203.7K

    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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