100 Gilbert StDanville, IL 61832

  • Commercial real estate
  • 1.61 AC
For Lease
$24/SF/YR View listing

Property Details for 100 Gilbert St

Lot size
1.61 AC
Property type
Commercial real estate
APN
23-08-105-075
APU
2308105075

Description

This exceptional 8,190-square-foot, single-story retail and office space is situated on a 1.56-acre lot in Danville, Illinois. Constructed in 2023, the building boasts a modern brick exterior with large glass windows, providing excellent visibility and natural light. The property features ample off-street parking and is conveniently located at 100 N Gilbert St, zip code 61832, within Vermilion County. The zoning is B3 General Business, allowing for a variety of uses. The building is divisible down to 1,600 square feet, offering flexibility for tenants. This property benefits from its strategic location within Carle Clinic's 17-acre medical campus, a thriving healthcare hub. The building's prominent position at the intersection of N. Gilbert and W. North Streets ensures high visibility, with approximately 18,800 vehicles passing daily. This prime location offers unparalleled exposure for retail and office tenants, situated near Carle's four-story medical center and Christie Clinic. The owner is open to build-to-suit options with negotiable tenant improvement terms. The APN is 23-08-105-075. This is a single-tenant property.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $25,797,830
    Hospitality
    $23,630,672
    Educational
    $19,660,442
    Medical
    $20,336,596
    Retail
    $30,582,910

Location Insight

City
Danville
County
Vermilion
State
Illinois
Latitude
40.1267
Longitude
-87.6362
CBSA code
19180
CBSA name
DANVILLE, IL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$18,000
$96,031
$87,426
$183,457
-
$288,093
$262,278
$550,371

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