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$625,000

228-248 W Main Street
Decatur, Illinois 62523

Closed / MLS #11945191 / Retail Store / Decatur
Listing information updated 5/24/2024 at 3:43pm
Downtown investment real estate for sale. Remarkable opportunity to own a mixed use property, turn-key with 100% occupancy. Thirteen units total. Unit mix includes six street level retail/office suites and seven apartments on the second story. Value add potential to step-up rental rates and income. Property includes off street parking lot on the north side. Most units separately metered with mix of landlord responsibilities. Situated on historic West Main Street in downtown Decatur with close proximity to Millikin University. Please do not disturb tenants. Contact commercial brokers for all inquiries.
Lot Size:
.25-.49 Acre
Acreage:
0.38
Built:
1920
Stories:
2
Zoning:
AGRIC
Tax Amount:
$9,509
Tax Year:
2022
Zip Code:
62523
City:
Decatur
County:
Macon

Listing Office: Main Place Real Estate

Listing Office Phone: 217.422.3335

Disclaimer: The data relating to real estate for sale on this website comes courtesy of Midwest Real Estate Data, LLC as distributed by MLS GRID. Real estate listings held by brokerage firms other than @properties are marked with the Broker Reciprocity thumbnail logo and detailed information about them includes the name of the listing brokers. Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID as of 5/24/2024 at 3:43pm. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some listings have been excluded from this website.

$224,367
Average Sale Price
58
Average Days On The Market
95%
Sales Prices VS. List Price
Data represents the community area’s average over the past 12 months. All information deemed reliable, but not guaranteed.
Map of 228-248 W Main Street, Decatur, IL 62523
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228-248 W Main Street, Decatur, IL 62523 is a retail store which sold for $625,000. This retail store has been listed on @properties Christie's International Real Estate since December 11th, 2023 and was built in 1920.

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