1218 N Walnut St Danville, IL 61832
Estimated payment $1,158/month
About This Home
1218 N Walnut St, Danville, IL 61832 is a fully occupied 7-unit multifamily investment property offering immediate cash flow. The building consists of six 1-bedroom/1-bath units and one studio unit. The property is currently 100% occupied and generates $3,300 per month in rental income. Rents include sewer, sanitary, and trash, providing a straightforward utility structure for tenants. With stable occupancy and consistent income, this property presents a solid opportunity for investors seeking a turnkey multifamily asset in Danville.
Listing Agent
Coldwell Banker Real Estate Group License #471019981 Listed on: 02/03/2026
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $2,444
Year Built
- Built in 1909
Lot Details
- 13,504 Sq Ft Lot
- Lot Dimensions are 139x97
Home Design
- Shingle Roof
- Composition Roof
Interior Spaces
- 1,944 Sq Ft Home
- 2-Story Property
Schools
- Liberty Elementary School
- Northridge/Southview Middle School
- Danville High School
Utilities
- Window Unit Cooling System
- Gas Water Heater
Community Details
- 7 Units
- Operating Expense $5,700
Listing and Financial Details
- Assessor Parcel Number 23-05-114-030
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $2,444 | $27,030 | $3,776 | $23,254 |
| 2023 | $2,444 | $23,214 | $3,243 | $19,971 |
| 2022 | $2,186 | $20,554 | $2,871 | $17,683 |
| 2021 | $2,087 | $19,031 | $2,658 | $16,373 |
| 2020 | $2,032 | $18,387 | $2,568 | $15,819 |
| 2019 | $2,070 | $18,387 | $2,568 | $15,819 |
| 2018 | $2,009 | $18,295 | $2,555 | $15,740 |
| 2015 | $1,928 | $16,248 | $2,269 | $13,979 |
| 2014 | $1,928 | $16,248 | $2,269 | $13,979 |
| 2013 | $1,928 | $16,248 | $2,269 | $13,979 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 03/31/2026 03/31/26 | For Sale | $180,000 | 0.0% | $93 / Sq Ft | |
| 02/24/2026 02/24/26 | Pending | -- | -- | -- | |
| 02/03/2026 02/03/26 | For Sale | $180,000 | +350.0% | $93 / Sq Ft | |
| 07/28/2017 07/28/17 | Sold | $40,000 | -4.8% | $7 / Sq Ft | View Prior Sale |
| 05/03/2017 05/03/17 | Pending | -- | -- | -- | |
| 05/02/2017 05/02/17 | For Sale | $42,000 | -- | $8 / Sq Ft |
Source: Central Illinois Board of REALTORS®
MLS Number: 6257014
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Ask me questions while you tour the home.