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 Jul 22, 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

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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