311 Fairchild StDanville, IL 61832

Property Details for 311 Fairchild St

Lot size

3.59 AC

Property type

Other commercial real estate

APN

23-05-124-001

APU

2305124001

Description

This exceptional Class A medical office building presents a unique investment opportunity in Danville, Illinois. Located at 311 W Fairchild St, this 46,688 square foot, single-story building sits on a 3.6-acre lot offering ample parking for over 250 vehicles, designed for convenient patient drop-off and emergency vehicle access. The property features high-quality finishes throughout, including a spacious reception and waiting area, numerous exam rooms, procedure rooms, private offices, break rooms, conference rooms, and restrooms. The existing layout is adaptable to a variety of medical uses. The building benefits from a prime location on a heavily trafficked street, with an average daily traffic count of 15,800 vehicles on Gilbert Street and 14,400 vehicles on Fairchild Street, ensuring high visibility and accessibility. The property is zoned B3 - General Business and is offered at $2,000,000 ($42.84/sq ft) on a NNN lease basis. The APN is 23-05-180-001. Currently vacant, this property is ready for immediate occupancy and presents significant potential for a discerning investor.

• Alternative Use

  Use

  Valuation

  Residential

  $57,523,876

  Hospitality

  $52,691,560

  Educational

  $43,838,760

  Medical

  $45,346,444

  Retail

  $68,193,632

Location Insight

City

Danville

County

Vermilion

State

Illinois

Latitude

40.1395

Longitude

-87.6348

CBSA code

19180

CBSA name

DANVILLE, IL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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