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    Danville, IL Shopping Centers for Sale

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    Tilton, IL Westville, IL Georgetown, IL
    Retail
    $5,963,000
    126,153 SF
    Retail

    2917 N Vermilion St, Danville, IL 61832

    Shopping centers · 126,153 SF
    • Grocery‑anchored shopping center with a solid NOI of $435,294.48 and a 7.3% cap rate.
    • Fully occupied 126,153 SF shopping center.
    • Long‑standing anchor tenant, County Market, in place since 1999 with 513K+ yearly visits.
    • Located in Danville's primary retail corridor, surrounded by national retailers.
    • Value‑add proposition with below‑market rents and opportunities to enhance lease terms.
    Updated: Mar 16
    View details
    Mixed-Use Center For Sale
    $2,200,000
    32,000 SF
    Mixed-Use Center For Sale

    610-622 N Gilbert St, Danville, IL

    Value-add mixed-use center with diverse tenants and upside potential.
    • Value‑added, mixed‑use center with cash flow and upside potential.
    • Diverse tenant mix including Industry Labs, Full Access Healthcare, Swing Sports, Aunt Martha’s Medical Group, and Rent‑A‑Center.
    • Current occupancy rate of 75%.
    • Property originally constructed in 1969.
    • Building divided into five distinct storefronts.
    Updated: Jan 9, 2025
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    Danville Mixed-Use Center For Sale
    $1,750,000
    8,133 SF
    Danville Mixed-Use Center For Sale

    Value-add mixed-use center in Danville with diverse tenant mix.

    610 N Gilbert St, Danville, IL 61832

    View details
    Based on your search, we've compiled 12 Potential Opportunities for your consideration. Besides 3 Active listings in Danville, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 1 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.

    Multi-Tenant Building on University Avenue
    $3,000,000
    1,400 SF
    Multi-Tenant Building on University Avenue

    Multi-tenant building with high visibility and ample parking.

    505-517 E University Ave, Champaign, IL

    View details
    Riverside Plaza Shopping Center For Sale
    $9,800,000
    Riverside Plaza Shopping Center For Sale

    92% leased community shopping center in Terre Haute, Indiana.

    3442 S US Highway 41 |, Terre Haute, IN 47802

    View details
    Retail Strip Mall Investment Opportunity
    $1,290,000
    4,350 SF
    Retail Strip Mall Investment Opportunity

    Fully occupied retail strip mall for sale in Champaign, IL.

    1001-1015 W Bloomington Rd, Champaign, IL

    View details
    Towne South Plaza For Sale
    Contact for pricing
    Towne South Plaza For Sale

    100% leased regional shopping center in Terre Haute, Indiana.

    3648 S US Highway 41 |, Terre Haute, IN 47802

    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.

    Commercial Land Near Sports Complex
    $563,000
    5.63 Acres
    Commercial Land Near Sports Complex

    5.63 acre commercial development opportunity off Interstate 57.

    2995 County Road 1400 E, Rantoul, IL 61866

    View details
    Rantoul Commercial Development Opportunity
    $4,000,000
    40.00 Acres
    Rantoul Commercial Development Opportunity

    40-acre commercial land near I-57 in Rantoul, Illinois.

    2990 County Road 1400 E, Rantoul, IL 61866

    View details
    Commercial Land in Terre Haute
    $400,000
    4.42 Acres
    Commercial Land in Terre Haute

    Commercial land with road frontage in a high-traffic area.

    1301 Fort Harrison Road, Terre Haute, IN 47804

    View details
    9.5-Acre Development Opportunity in Avon
    $3,600,000
    9.50 Acres
    9.5-Acre Development Opportunity in Avon

    Premier land parcel for mixed-use, retail, or multifamily development.

    5283 East Main Street, Avon, IN 46123

    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.

    22 Newell Rd
    Lifestyle centers
    Lot: 1.08 Acres
    Value Estimation by Request

    22 Newell Rd, Danville, IL 61834

    View details

    Danville, IL Shopping Centers Investment Opportunities Market Analysis

    Explore 4 shopping centers for sale in Danville, IL, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 166,286 square feet of properties for sale, with an estimated market value of $9,913,000.

    Sale prices for plazas in Danville, IL start at $1,750,000, averaging $3,304,333, and reaching up to $5,963,000 — 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 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 $3.9M

    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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