Danville, IL
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    Danville, IL Retail Space for Sale

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    Tilton, IL Westville, IL Georgetown, IL
    6 results
    Two-Tenant Retail Investment Opportunity
    $731,300
    3,000 SF

    Two-Tenant Retail Investment Opportunity

    302 W Fairchild St, Danville, IL 61832

    Fully occupied retail property with long-term leases and built-in rent growth.

    • 100% occupied, two‑tenant retail property providing immediate income.
    • Located at a signalized corner with high visibility and convenient access.
    • Long‑term leases with built‑in rent growth offer a stabilized investment.
    • Tenants are Papa Johns (large franchisee) and The Joint Smoke Shop (regional operator).
    • Ample on‑site parking with over 35 spaces.
    Updated: Feb 18
    View details
    Remodeled Retail Suite For Sale
    $475,000

    Remodeled Retail Suite For Sale

    306 W Fairchild St, Danville, IL 61832

    Remodeled 2,000 SF retail suite with stylish interior.

    • Recently remodeled 2,000 SF suite suitable for lease or owner use.
    • Stylish brick interior walls and open ceiling with exposed ductwork.
    • Includes a kitchen and order counter.
    • Two ADA‑compliant restrooms.
    • Neighboring 1,000 SF suite is leased to Papa John’s through May 31, 2027.
    Updated: Sep 10, 2025
    View details
    Mixed-Use Center For Sale
    $2,200,000

    Mixed-Use Center For Sale

    Value-add mixed-use center with diverse tenants and upside potential.

    610 N Gilbert St, Danville, IL 61832
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    Retail Building on East/West Corridor
    $115,000

    Retail Building on East/West Corridor

    Retail building with high traffic and excellent visibility.

    1232 E. Main St, Danville, IL 61832
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    Three-Suite Building in Central Danville
    $240,000
    4,710 SF

    Three-Suite Building in Central Danville

    Three-suite building with food service potential in central Danville.

    212 W Fairchild St, Danville, IL 61832
    View details
    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
    View details
    Based on your search, we've compiled 13 Potential Opportunities for your consideration. Besides 6 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 1 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.

    Unique Commercial Property with Potential
    $233,000
    3.01 Acres

    Unique Commercial Property with Potential

    Versatile 4800 SF property on 3 acres near Rantoul.

    1902 N County Road 3000 N, Rantoul, IL 61866
    View details
    Unique Commercial Property with Endless Potential
    $233,000
    4,800 SF

    Unique Commercial Property with Endless Potential

    Versatile 4,800 SF building on 3 acres near Rantoul.

    1902 N County Road 3000 N, Rantoul, IL 61866
    View details
    Freestanding Retail Building in Chrisman
    $425,000
    8,000 SF

    Freestanding Retail Building in Chrisman

    8,000 SF retail building on 1.05-acre lot for sale.

    22265 Il Highway 1 Road, Chrisman, IL 61924
    View details
    Retail Building in Chrisman, IL
    $425,000
    8,000 SF

    Retail Building in Chrisman, IL

    8,000 SF retail building on 1.05-acre lot for sale.

    22265 Illinois 1, Chrisman, IL 61924
    View details

    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.

    Prime PUD-Zoned Land Opportunity
    $1,599,000
    900 SF

    Prime PUD-Zoned Land Opportunity

    2.07 acres of PUD-zoned land in a growing corridor.

    3229 State Road 207, Elkton, FL 32033
    View details

    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.

    Vermilion St & Newell Ave

    Vermilion St & Newell Ave

    Individual retail properties • 6.62 Acres
    Value Estimation by Request
    0 Vermilion St & Newell Ave, Danville, IL 61832
    View details
    23 North St

    23 North St

    Individual retail properties • 14,000 SF
    Value Estimation by Request
    23 North St, Danville, IL 61832
    View details

    Danville, IL Retail Space Investment Opportunities Market Analysis

    Explore 8 retail space for sale in Danville, IL, showcased through 6 active listings on our real estate platform. These investment opportunities span a total of 64,186 square feet of properties for sale, with an estimated market value of $4,286,300.

    Sale prices for retail space in Danville, IL start at $115,000, averaging $714,383, and reaching up to $2,200,000 — 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

    Drug stores 4
    Shopping centers 4
    Storefront properties 4
    Auto shops 3
    Automotive properties 3

    Property Size Breakdown

    The majority of commercial real estate listings in Danville fall within the 50,000 to 100,000 square foot range.

    Demographics Overview

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

    High-Yield Neighborhoods for Strategic Investment

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

    Neighborhood Average Price
    61832 $752.3K

    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%

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