407 N Gilbert StreetPrice Reduced
Danville, IL 61832 · MLS #6256937
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!
Features
Property Details
- Price
- $89,000
- MLS #
- 6256937
- Status
- Active
- Baths
- 2
- Type
- CommercialSale
- Subtype
- Business
- Listed Date
- Jan 29, 2026
- Lot Size
- 9,041 sqft / 0.20 acres
- Year Built
- 1903
- County
- Vermilion
- Zoning
- B-3
- Parcel Number
- 23-05-319-028
Interior
- Above Grade Finished Area
- 0
- Full Bathrooms
- 2
- Appliances
- Gas Water Heater
- Basement
- Unfinished, Full
- Cooling
- Central Air
- Heating
- Electric, Forced Air, Gas
- Levels
- Two
Exterior
- Construction Materials
- Brick, Vinyl Siding
- Foundation
- Basement
- Parking Features
- On Site
- Roof
- Asphalt
- Stories
- 2
- Road Surface
- Asphalt
- Sewer
- Public Sewer
- Water Source
- Public
Payment estimate
Estimate for planning only — actual payment depends on your loan. Talk to your lender.
Financial
- Tax Year
- 2024
- Taxes
- $3,142
Location
See this listing
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Listed by Classic Homes Realty · 217-446-4663. Want to see this property? Call Grissom Schmitz Realty at 217-562-7078.
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