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    Danville, IL
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    Danville, IL Specialty Properties for Sale

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    American Inn Motel For Sale
    Updated: Apr 2
    American Inn Motel For Sale

    1824 E Main Street, Danville, IL 61832

    $500,000
    0.92 AC lot
    Strategic location on East Main Street (U.S. Route 136) near Interstate 74 and within Danville's Campus Corridor TIF District, offering potential financial incentives.
    Strong income growth: Gross income increased from $199,793 in 2022 to $249,320 in 2023.
    Proximity to major demand generators: VA Illiana Health Care System, Danville Area Community College (DACC), and Golden Nugget Danville Casino.
    Additional land included: Situated on 0.92 acres with two vacant parcels for potential development or expansion.
    On‑site 3‑bedroom apartment: Ideal for owner occupancy or generating rental income.
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    Retail Building with Two Tenants
    Updated: Apr 11
    Retail Building with Two Tenants

    3546 N Vermilion St, Danville, IL 61832

    Contact for pricing
    3,520 sqft 0.83 AC lot
    3,520 SF retail building built in 2016 on 0.83 acres, currently occupied by two original tenants: Verizon and Sport Clips.
    Verizon lease: 10‑year lease signed March 2016 with four years remaining on the original term plus two additional 5‑year options.
    Triple net leases in place for Verizon and Sport Clips for a more hands‑off ownership structure.
    Verizon options include 1% annual rent bumps to help provide inflation protection.
    Sport Clips lease signed June 2017 and extended in 2020, leaving five years left on the current term with annual rent increases.
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    Specialty Commercial Building
    Specialty Commercial Building

    801 N Gilbert St, Danville, IL 61832

    $299,000

    Well maintained building with plenty of parking, road-side standalone signage, and B-3 zoning.

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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Commercial Property For Sale
    Commercial Property For Sale

    622 S Bowman Ave, Danville, IL 61832

    $140,000
    0.60 AC lot

    Commercial property available for sale.

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    CVS Drug Store Triple-Net
    CVS Drug Store Triple-Net

    820 N Vermilion St, Danville, IL 61832

    Contact for pricing

    Single-tenant CVS Pharmacy on an extended absolute NNN lease with scheduled rent increases.

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    Divisible Agricultural Land Parcels
    Divisible Agricultural Land Parcels

    22 E Newell Rd, Danville, IL 61834

    Contact for pricing
    1.27 AC lot

    Multiple lots totaling 5.07 acres are available and can be divided down to 1.08 acres.

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    High Visibility Danville Commercial Building
    High Visibility Danville Commercial Building

    212 W Fairchild St, Danville, IL 61832

    $235,000
    0.15 AC lot

    Three-suite building on Route One with food service potential.

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    Based on your search, we've compiled 11 Potential Opportunities for your consideration. Besides 7 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.

    One-Story Administrative and Classroom Building
    One-Story Administrative and Classroom Building

    205 N Race St, Urbana, IL 61801

    Contact for pricing
    21,783 sqft

    One-story building with partitioned offices, classrooms, and conference rooms, plus a partial basement and rear courtyard.

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    Church Facility With Cathedral Ceiling
    Church Facility With Cathedral Ceiling

    1902 N County Road 3000 Road N, Rantoul, IL 61866

    $233,000
    6,600 sqft 3.00 AC lot

    Red-brick religious facility with classroom areas, additional attached space, and a roof installed in 2024.

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    Cathedral Ceiling Church Building
    Cathedral Ceiling Church Building

    1902 N County Road 3000 N, Rantoul, IL 61866

    $233,000
    3.01 AC lot

    Red brick worship facility on about three acres with vaulted wood cathedral ceilings and multiple attached spaces.

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    Fraternity Sorority Group House
    Fraternity Sorority Group House

    803 W Oregon St, Urbana, IL 61801

    Contact for pricing

    Group house with on-site parking and frontage on Oregon, zoned High Density Multi Family.

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    Danville, IL Specialty Properties Market Trends and Statistics

    Explore 7 specialty properties for sale in Danville, IL, showcased through 7 active listings on our real estate platform. These investment opportunities span a total of 3,520 square feet of properties for sale, with an estimated market value of $1,174,000.

    Sale prices for properties in Danville, IL start at $140,000, averaging $293,500, and reaching up to $500,000 — 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

    NNN properties 2
    1031 exchange properties 1
    Schools 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 $224.7K
    61834 $249.9K

    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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    • 61834

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