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$549,000
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Property Description
We're excited to present this exceptional commercial property in Danville, Illinois-a rare opportunity to own 9,381 square feet of versatile office space located just minutes from Carle and OSF Hospitals. Formerly used as a medical office, this two-story building offers an ideal setup for healthcare professionals, yet its layout and features make it easily adaptable for a wide variety of professional uses. Strategic Location: Nestled in a professional corridor near two major hospitals, this property offers convenience, visibility, and accessibility-perfect for medical practices, administrative offices, or service-based businesses looking to grow. Why This Property Stands Out * Purpose-built layout ideal for medical, legal, or professional office use * Turnkey-ready for healthcare with room conversion options for other industries * Natural light and modern flow promote productivity and comfort * Flexible floor plan accommodates single or multi-tenant setups * Proximity to hospitals adds significant value for healthcare and service providers * Ample parking ensures easy access for employees and clients The Opportunity Whether you're a healthcare provider expanding your practice, a professional firm needing room to grow, or an investor looking for high-demand office space, this building is a standout opportunity. Its adaptable layout, thoughtful design, and unbeatable location make it a smart investment for years to come.
Full Property Details
Full Property Details for 701 W Fairchild St
General
- Price: $549,000
- Taxes: $9,628 (2024)
- Status: Active
- Type: Commercial
- Source: MRED
- MLS ID: 12423512
- Updated: 3/17/2026
- Added to Site: 243 day(s) ago
Additional Information
- Security/Safety: Alarm Monitored
Location
- Area: Danville
- County: Vermilion
- Township: Blount
- Driving Directions: From US-150 E. Drive to W Fairchild St in Danville Merge onto US-150 E Turn left onto N Gilbert St Turn left onto W Fairchild St The destination will be on the right
- Location Details: Central Illinois
Heating & Cooling
- Cooling Type: Central Air Conditioning
- Heating Type: Central Building Heat
Structural Information
- Construction: Brick
- Exterior Const.: Brick
- Stories/Levels: 2
- Square Feet: 10,000
- Current Bldg. Use: Medical/Dental
- Year Built: 1976
- Built Before 1978: Yes
Lot Features
- Potential Use: Legal Non-Conforming, Office
- Zoning: OFFIC
Financial Considerations
- Lease Price: $7
- For Sale/Rent/Lease: For Sale or Rent
- Security Deposit: Alarm Monitored
- Assessment Year: 1976
- Tax Amount: $9,628
- Tax Year: 2024
- Tenant Pays: Varies by Tenant
Disclosures and Reports
- Property ID: 7044000030000
Listed by BHHS Central Illinois, REALTORS
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Schools
Schools serving 701 W Fairchild St
School District:Danville Community Consolidated School District 118
| Name | Grades | Distance |
|---|---|---|
North Ridge Middle School 1619 North Jackson Street, Danville, IL 61832 | 7-8 | 1.4 mi |
Danville High School 202 East Fairchild Street, Danville, IL 61832 | 9-12 | 0.7 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 701 W Fairchild St
Date
Details
Price
Change
Source
7/22/2025
Listed
$549,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 701 W Fairchild St
Year
Property Taxes
Change
Tax Assessment
Change
2024
$10,330
7%
$114,256
16%
2023
$9,628
—
$98,124
13%
2022
$9,628
9%
$86,881
8%
2021
$8,820
3%
$80,445
3%
2020
$8,588
—
$77,725
-32%
2020
$8,588
-33%
$114,242
1%
2019
$12,862
3%
$113,673
13%
2018
$12,484
—
$100,956
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 701 W Fairchild St
701 W Fairchild Street, Danville, IL 61832 (MLS# 12423512) is a Commercial property. 701 W Fairchild Street is currently listed for $549,000 and was received on July 22, 2025. Want to learn more about 701 W Fairchild Street? Do you have questions about finding other Commercial real estate for sale in Danville? You can browse all Danville real estate or contact a Coldwell Banker agent to request more information.
