$85,000
0.2± Acres
Active
Vermilion County, IL
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407 N Gilbert Street, Danville, Illinois

MLS ID: 6256937
Status: Active
Price: $85,000
Acres: 0.2±
Type: Business, Commercial
Address: 407 N Gilbert Street
City, State: Danville, IL
County: Vermilion County
ZIP Code: 61832
Lat/Long: 40.130999, -87.635141
Parcel Number: 23-05-319-028
Bathrooms: 2
Year Built: 1903

Description

Looking for an affordable commercial property with room to make it your own? This two-story building offers a great opportunity for an investor, entrepreneur, or owner-user. The main level has been home to a business for many years and provides a flexible space ready for a new use or fresh vision. The second floor features an apartment that needs renovation, offering the potential for additional income, owner occupancy, or expanded use of the property.

Located along a well-traveled route with good traffic flow, the property offers excellent visibility and ample parking, making it convenient for customers and employees. With its combination of commercial space, residential potential, and a convenient location, this property is ready for someone with a vision to bring it back to life. Whether you're looking to establish your own business, add an investment property to your portfolio, or create a live/work opportunity, this could be the opportunity you've been waiting for!

Additional Information

Interior

Appliances: Gas Water Heater
Basement (Yes/no): Yes
Basement: Unfinished, Full
Bathrooms Full: 2
Cooling (Yes/no): Yes
Cooling: Central Air
Heating (Yes/no): Yes
Heating: Electric, Forced Air, Gas
Living Area Source: Appraiser

Exterior

Foundation Details: Basement
Lot Size Area: 0
Lot Size Dimensions: 50x180.83
Lot Size Square Feet: 9,041
Lot Size Units: Acres
Parking Features: On Site
Parking Total: 8
Road Surface Type: Asphalt
Roof: Asphalt
Stories: 2
Water Source: Public

Financial/HOA/Schools

Days On Market: 244
Tax Annual Amount: 3142
Zoning: B-3

Maps

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Brandon Peteroccelli

Brandon Peteroccelli

Moweaqua, Illinois

(217) 706-1440

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All information should be independently reviewed and verified for accuracy. IDX information is provided exclusively for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information current as of October 9, 2026 at 12:22:16 AM UTC.

Listing information provided courtesy of the Central Illinois Board of REALTORS®. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed accurate by the MLS.

Listed By: Andrea Calamari of Classic Homes Realty - (217) 304-0718