800 S Gilbert St

800 S Gilbert St, Danville, IL 61832

Property Information

  • For Sale $5,300,000
  • Property Type Industrial
  • Property Size 185,000 SF
  • Lot Size 12 Acre
  • Year Built 1947
  • Year Renovated 2025
  • Date Updated Apr 23, 2026

Description

  • ±185,000 SF two-tenant industrial investment property located in Danville, IL
  • Mix of national and regional credit tenancy: Thyssenkrupp and Dawson Logistics
  • Significant room to increase rents; both tenants are on below-market modified gross leases
  • Priced significantly below replacement cost at $27 per-square-foot
  • Major capital improvements recently completed including new roof and tuckpointing
  • Sale includes undeveloped land for future development or leasing potential
  • Located in Danville, IL, the county seat of Vermilion County with a population of approximately 70,000
  • Strategic Midwest location approx. 90 miles from Indianapolis, 35 miles from Champaign Urbana, 150 miles from Chicago, and 270 miles from St. Louis and Detroit 

Contacts

Daniel Levine

Friedman Properties

Steven Silverman

Friedman Properties

Kellen Duggan

Friedman Real Estate

Location

Located at 800 S Gilbert St, Danville, IL 61832, this property is part of the Danville neighborhood and Chicago market.

Contact 800 S Gilbert St
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