Residential

Danville, IL Residential Land & Home Lots for Sale

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Corner Lot in Danville, IL
Updated: Dec 16, 2025
Corner Lot in Danville, IL

616 Robinson Street, Danville, IL 61832

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0.29 AC lot
Prime corner lot location in the heart of Danville.
Unbeatable convenience to local restaurants and shopping.
Minutes from everyday amenities.
Excellent opportunity for homeowners or investors.
Added curb appeal due to corner lot.
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Lakefront Acreage in Lakewood Estates
Updated: May 5, 2025
Lakefront Acreage in Lakewood Estates

DOR1701B Henning Road lot: Dor1701b, Danville, IL 61834

$115,000
8.15 AC lot
Lakefront property on Beaver Lake with 8.15 acres.
Includes a concrete boat ramp and newer boat dock for easy lake access.
Features a large pavilion with farmhouse table, perfect for entertaining.
Underground electric is already installed in 2 places.
Cleared driving path to the boat ramp.
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Lakefront Acreage in Danville, Illinois
Lakefront Acreage in Danville, Illinois

DOR1701G Hungry Hollow Road lot: Dor1701g, Danville, IL 61834

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1.92 AC lot

1.92 acres on Beaver Lake in Lakewood Estates.

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See hot listings in Danville

Scored against comparables nationwide. These are worth a look.

Scored against comparables nationwide. These are worth a look.

Cap Rate available after sign in
Est. NOI available after sign in
Local Demand available after sign in
Land
Land

616 Robinson Street, Danville, IL 61832

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Residential land & home lots

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Cleared Residential Lot
Cleared Residential Lot

1105 Koehn Dr, Danville, IL 61832

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Cleared and ready for construction, this residential lot is available for building.

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Cul-de-Sac Residential Building Lot
Cul-de-Sac Residential Building Lot

420 Bayside Dr, Danville, IL 61832

$50,000

Residential lot located on a cul-de-sac, ready for a new home build.

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Residential Development Lot
Residential Development Lot

Lot #7 Riverwood Estates Drive, Danville, IL 61834

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Residential lot in Riverwood Estates Drive with trees, wildlife, and privacy, within Bismarck Schools area.

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Scenic Residential Home Lot
Scenic Residential Home Lot

Lot 4 Riverwood Estates Drive, Danville, IL 61834

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Residential home lot with trees and wildlife, offering privacy within Riverwood Estates.

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Land
Land

Lot 3 Riverwood Estates Drive, Danville, IL 61834

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Residential land & home lots

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Land
Land

Lot #20 Riverwood Estates Drive, Danville, IL 61834

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Residential land & home lots

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Based on your search, we've compiled 14 Potential Opportunities for your consideration. Besides 10 Active listings in Danville, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities

Opportunities in Nearby Cities

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

Residential Building Lot in Subdivision
Residential Building Lot in Subdivision

Lot 6 Westwood Drive, Catlin, IL 61817

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20,473 sqft

Vacant residential lot in the Westwood Subdivision, offered for sale in Catlin, IL, for future home construction.

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Land
Land

3565 Fayette, Kingman, IN 47952

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36,960 sqft

Residential land & home lots · 36,960 SF

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Residential Corner Lot For Sale
Residential Corner Lot For Sale

Lot 16 Westwood Circle, Catlin, IL 61817

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0.38 AC lot

0.38 acre corner lot near schools and sports complex.

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Land
Land

3565 Fayette Street #4, Kingman, IN 47952

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Residential land & home lots

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Danville, IL Residential Land & Home Lots Market Trends and Statistics

Explore 10 residential land & home lots for sale in Danville, IL, showcased through 10 active listings on our real estate platform. These investment opportunities span a total of 451,282 square feet of properties for sale, with an estimated market value of $165,000.

Sale prices for home sites in Danville, IL start at $50,000, averaging $82,500, and reaching up to $115,000 — 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

Residential land & home lots 10
Commercial land 7
Waterfront Land 4
Agricultural land / Farmland 3
Hunting land 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 $12.5K
61834 $19.2K

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%

Listings Trend

New vs delisted commercial listings in Vermilion County

New Delisted

Property Size Breakdown

The majority of commercial real estate listings in Danville fall within the 1 to 5 acres range.

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