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228-248 W Main Street Decatur, IL 62523
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Key Details
Sold Price $625,000
Property Type Commercial
Sub Type Retail/Stores
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 11945191
Sold Date 05/24/24
Year Built 1920
Annual Tax Amount $9,509
Tax Year 2022
Lot Size 0.380 Acres
Property Description
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.
Location
State IL
County Macon
Zoning AGRIC
Interior
Fireplace N
Exterior
Utilities Available Water-Municipal
Waterfront false
View Y/N true
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Bought with Non Member • Central Illinois Board of REALTORS
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