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1931 N Bowman Avenue Road Danville, IL 61832
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Key Details
Sold Price $475,000
Property Type Commercial
Sub Type Multi Family 5+
Listing Status Sold
Purchase Type For Sale
Square Footage 55,000 sqft
Price per Sqft $8
MLS Listing ID 10659637
Sold Date 05/20/20
Year Built 1967
Annual Tax Amount $51,034
Tax Year 2018
Lot Size 4.400 Acres
Lot Dimensions 4.40 ACRES
Property Sub-Type Multi Family 5+
Property Description
Now for sale, Georgian Heights Apartments, a 72-unit complex containing 24 one-bedroom, 36 two-bedroom, and 12 three-bedroom units. The one-bedroom units have one bathroom, and the two and three-bedroom units each have 1.5-bathrooms. The units are situated in six buildings each containing three floors including the lower level which contain units that are partially below grade. All roofs have been recently replaced. The complex is situated just outside of the Danville City limits, which is the best of both worlds because it is serviced by city utilities, but with lower fees and no permits required for repairs or rehab. In 2019, two major developments were announced in Danville, a new $80 million medical campus for Carle Hospital, and a $250+ million planned casino project that has been approved by the State of Illinois. Danville is nestled in the heart of Vermilion River country, home to world class museums, shops full of rare and unique finds, and watch able wildlife to enjoy. Our Danville Dans baseball team is nationally recognized, and Danville is host to the NJCAA Division II Men's National Basketball Tournament. The city of Danville maintains 20+ parks and recreation facilities, from small pocket parks to large regionally significant parklands. Danville's parks contribute to a county-wide collection that includes four county parks and three state parks. When combined with the city parkland, these total more than 15,000 acres, providing more acres of public park per capita than in any other county in Illinois, with ample outdoor recreation opportunities including hiking, mountain biking, canoeing, kayaking, etc. Danville sits along the shore of Lake Vermilion, which is a 1,000-acre reservoir. The lake allows for fishing, bird watching, and unlimited-horsepower marine boating, jet-skiing, and waterskiing. Danville also sits along the Vermilion River, which provides recreational opportunities and supports abundant wildlife. There are several notable parks within the city, including Lincoln Park, home of mature trees, tennis courts, and the Abraham Lincoln-associated Lamon House. On the west side of the city, the North Fork of the Vermilion River winds through Harrison Park Golf Course, providing a backdrop for the 235-acre golf course and hiking destination. On the north side, the Heron County Park Wetlands Boardwalk extends into Lake Vermilion and includes a 950-foot handicapped-accessible floating boardwalk that weaves through the marshland. The park also contains a 30-foot observation tower, which often provides views of bald eagles and American egrets. In July the city attracts hot air balloon enthusiasts from around the region for Balloons Over Vermilion, which takes place at the Vermilion Regional Airport, and a Splash-n-Dash flight over Lake Vermilion. In June regional artists descend on Danville for the annual Arts in the Park event in the historic Lincoln Park. Throughout the summer downtown's Temple Plaza hosts the Summer Sounds Concert Series. The area is home to many other events throughout the year, including parades, farmers' markets, sporting events, and festivals. Home to Danville Area Community College (DACC), Danville provides quality education and life-long learning opportunities to the region. Danville is also home to the VA Illiana Health Care System providing quality health care to veterans while the OSF healthcare system provides local comprehensive health care to the community. Part of the AARP age friendly community network, Danville is committed to providing a high quality of life for everyone who calls the community their home.
Location
State IL
County Vermilion
Zoning MULTI
Interior
Cooling Central Air
Fireplace N
Exterior
View Y/N true
Roof Type Membrane
Building
Structure Type Wood Frame
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© 2025 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Bought with Nate Byram • Coldwell Banker R.E. Group