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    Danville Mixed-Use Center For Sale
    Updated: Nov 22, 2023
    Danville Mixed-Use Center For Sale

    610 N Gilbert St, Danville, IL 61832

    $1,750,000
    8,133 sqft
    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%.
    Located in Danville, Illinois, a city with a population of over 30,000.
    Situated 140 miles south of Chicago and 90 miles west of Indianapolis.
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    This listing looks promising.

    Here's a quick look at some key insights for

    610 N Gilbert St, Danville, IL 61832

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    • Est. Cap Rate

      4.7%
      NOI ÷ price

    • Est. NOI

      $82K
      Annual

    • Price @ 7% Cap

      $1.17M
      Suggested

    • Last Sold

      Dec 2025
      $500
    View Property Analytics
    Based on your search, we've compiled 10 Potential Opportunities for your consideration. Besides 1 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.

    Retail Investment Opportunity in Champaign
    Retail Investment Opportunity in Champaign

    1807 W Bradley Avenue, Champaign, IL 61821

    Contact for pricing
    4,605 sqft

    Retail property with high visibility and flexible floor plans.

    View details
    Retail Investment Opportunity For Sale
    Retail Investment Opportunity For Sale

    1005 W Bloomington Rd, Champaign, IL 61821

    Contact for pricing
    1 sqft

    Fully occupied retail strip center with high traffic visibility.

    View details
    Riverside Plaza Shopping Center For Sale
    Riverside Plaza Shopping Center For Sale

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

    $9,800,000

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

    View details
    Dominant Neighborhood Shopping Center
    Dominant Neighborhood Shopping Center

    3606 S US Hwy 41, Terre Haute, IN 47802

    Contact for pricing

    Dominant shopping center with 163k SF and nearly 90% income from national tenants.

    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
    Commercial Land Near Sports Complex

    2995 County Road 1400 E, Rantoul, IL 61866

    $563,000
    5.63 AC lot

    5.63 acre commercial development opportunity off Interstate 57.

    View details
    Rantoul Commercial Development Opportunity
    Rantoul Commercial Development Opportunity

    2990 County Road 1400 E, Rantoul, IL 61866

    $4,000,000
    40.00 AC lot

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

    View details
    Commercial Land in Terre Haute
    Commercial Land in Terre Haute

    1301 Fort Harrison Road, Terre Haute, IN 47804

    $400,000
    4.42 AC lot

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

    View details
    Mixed-Zoned Land for Development
    Mixed-Zoned Land for Development

    4440 State Road 37 N, Martinsville, IN 46151

    $6,800,000
    29.87 AC lot

    Near the White River with B2 and B3 zoning, plus agricultural zoning on part of the site.

    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

    22 Newell Rd, Danville, IL 61834

    Value Estimation by Request
    1.08 AC lot
    View details

    Danville, IL Shopping Centers Market Trends and Statistics

    Explore 2 shopping centers for sale in Danville, IL on our real estate platform. These investment opportunities span a total of 8,133 square feet of properties for sale, with an estimated market value of $1,750,000.

    Sale prices for plazas in Danville, IL start at $1,750,000, averaging $1,750,000, and reaching up to $1,750,000 — 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

    Drug stores 5
    Storefront properties 5
    Shopping centers 3
    Showrooms 2
    Banks 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 $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%

    Property Size Breakdown

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

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