Leased through June of 2024 at $5050 per month, this property is a great investment property, although it could be easily be utilized as a single family home or bed and breakfast.
This solidly built and well maintained traditional style home (formerly known as the Lamp Post Inn) features 5 bedrooms on the main and upper floors - each with private bath, plus another two bedrooms in the basement with a private bath. Two full kitchens located on the main floor and basement. Beautifully furnished - all artwork and furniture stays. The home is filled with character, and has been maintained to a very high standard and upgraded over the years and recently professionally inspected. Plumbing, electrical and roof are all newer.
Interested and pre-qualified parties only please. Showings will be limited to respect tenants.
Sold for $15,000
$15,000
420 N Gilbert St, Danville, IL 61832
7beds
7baths
4,799sqft
Multi Family
Built in 1901
-- sqft lot
$-- Zestimate®
$3/sqft
$3,115 Estimated rent
Home value
Not available
Estimated sales range
Not available
$3,115/mo
Zestimate® history
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$91/mo
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Est. payment
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Zillow last checked:
Listing updated:
Listed by:
Michael Gregory 217-260-1132,
FRIDY REALTY
Bought with:
Non Member, #N/A
Central Illinois Board of REALTORS
Source: CIBR,MLS#: 6228424
Originating MLS: Central Illinois Board Of REALTORS
Originating MLS: Central Illinois Board Of REALTORSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 7
- Bathrooms: 7
Heating
- Gas, Radiant
Cooling
- Central Air, Window Unit(s)
Appliances
- Included: Dryer, Gas Water Heater, Microwave, Range, Refrigerator
Features
- Attic
- Basement: Finished,Full
Interior area
- Total structure area: 4,799
- Total interior livable area: 4,799 sqft
- Finished area above ground: 1,649
Property
Features
- Levels: Two
- Stories: 2
Lot
- Size: 6,534 sqft
Details
- Parcel number: 2305308029
- Zoning: B-3
- Special conditions: None
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Traditional
- Property subtype: Multi Family
Materials
- Foundation: Basement
- Roof: Asphalt
Condition
- Year built: 1901
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Location
- Region: Danville
Price history
| Date | Event | Price |
|---|---|---|
| 5/1/2026 | Listing removed | $3,332$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 12/26/2025 | Listed for rent | $3,332+11.1%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 10/14/2025 | Listing removed | $3,000$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 9/23/2025 | Listed for rent | $3,000-99.1%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 3/24/2025 | Sold | $15,000-94.4%$3/sqft |
Source: Public Record Report a problem | ||
| 10/6/2024 | Listing removed | $269,900$56/sqft |
Source:  MRED as distributed by MLS GRID #12102929 Report a problem | ||
| 9/30/2024 | Price change | $269,900-3.6%$56/sqft |
Source: MRED as distributed by MLS GRID #12102929 Report a problem | ||
| 8/12/2024 | Price change | $280,000-6.6%$58/sqft |
Source: MRED as distributed by MLS GRID #12102929 Report a problem | ||
| 7/9/2024 | Listed for sale | $299,900+9.1%$62/sqft |
Source: MRED as distributed by MLS GRID #12102929 Report a problem | ||
| 6/17/2024 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 6/14/2024 | Price change | $320,000+10566.7%$67/sqft |
Source: Zillow Rentals Report a problem | ||
| 6/3/2024 | Listed for rent | $3,000$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 1/3/2024 | Sold | $275,000-15.4%$57/sqft |
Source:  CIBR #6228424 Report a problem | ||
| 12/15/2023 | Pending sale | $325,000$68/sqft |
Source: CIBR #6228424 Report a problem | ||
| 11/24/2023 | Contingent | $325,000$68/sqft |
Source: CIBR #6228424 Report a problem | ||
| 11/3/2023 | Pending sale | $325,000$68/sqft |
Source: CIBR #6228424 Report a problem | ||
| 10/17/2023 | Contingent | $325,000$68/sqft |
Source: CIBR #6228424 Report a problem | ||
| 8/26/2023 | Price change | $325,000-7.1%$68/sqft |
Source: CIBR #6228424 Report a problem | ||
| 7/24/2023 | Listed for sale | $350,000+89.2%$73/sqft |
Source: CIBR #6228424 Report a problem | ||
| 12/19/2022 | Sold | $185,000-2.6%$39/sqft |
Source: CIBR #6223283 Report a problem | ||
| 10/7/2022 | Pending sale | $190,000$40/sqft |
Source:  RE/MAX International #6223283 Report a problem | ||
| 10/7/2022 | Contingent | $190,000$40/sqft |
Source: CIBR #6223283 Report a problem | ||
| 9/23/2022 | Listed for sale | $190,000+6233.3%$40/sqft |
Source: CIBR #6223283 Report a problem | ||
| 4/22/2011 | Sold | $3,000$1/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $2,718 +7.3% | $30,068 +16.4% |
| 2023 | $2,534 +4.2% | $25,822 +12.9% |
| 2022 | $2,432 +4.8% | $22,863 +8% |
| 2021 | $2,321 +2.7% | $21,169 +3.5% |
| 2020 | $2,260 +2.2% | $20,453 +2.3% |
| 2017 | $2,212 | $20,000 -3.7% |
| 2015 | $2,212 +16.2% | $20,776 |
| 2014 | $1,904 | $20,776 |
| 2013 | $1,904 | $20,776 -17.1% |
| 2012 | -- | $25,072 |
| 2011 | -- | $25,072 |
| 2010 | -- | $25,072 |
| 2009 | -- | $25,072 |
| 2008 | -- | $25,072 +10.5% |
| 2007 | $994 +3.5% | $22,690 |
| 2006 | $961 +2.7% | $22,690 |
| 2005 | $935 +4.2% | $22,690 +6.9% |
| 2004 | $897 +0.5% | $21,225 +4.8% |
| 2002 | $893 +2.4% | $20,253 +6.4% |
| 2001 | $872 +1.4% | $19,029 |
| 2000 | $860 | $19,029 |
Find assessor info on the county website
Neighborhood: 61832
Nearby schools
GreatSchools rating
- 3/10South View Upper ElementaryGrades: 5-6Distance: 1.6 mi
- 2/10North Ridge Middle SchoolGrades: 7-8Distance: 1.8 mi
- 2/10Danville High SchoolGrades: 9-12Distance: 0.6 mi
Schools provided by the listing agent
- District: Danville District #118
Source: CIBR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
- Illinois
- Vermilion County
- Danville
- 61832
- 420 N Gilbert St
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