- 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
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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