LOT SIZE 0.370 acres
MLS#12637996
STATUSNew
PROPERTY TYPELand - Commercial
SCHOOLDistrict 61
Property Description
RARE downtown investment opportunity has hit the market! This thirteen-unit mixed-use property offers six retail storefronts at street level and seven upstairs apartments, along with an off-street parking lot on the north side. Most units are individually metered, with landlord responsibilities varying by lease. With room to grow income through future rent adjustments and a prime location on historic West Main Street near Millikin University, this property is full of potential. Please do not disturb tenants.
Property Features
Property Type: Land - Commercial
Lot Size: 0.37 Acres
Taxes: $10,428
Feature Descriptions
Current Use: Commercial, Multi-Family, Retail
Frontage: 248
Frontage Type: City Street
Lot Dimensions: 100ft, 161 ft, 80 ft, 201 ft, 120 ft, 134 ft
Parcel#: 121527901300
Possible Use: Commercial, Multi-Family, Other
Road Surface: Concrete
Township: Decatur
Utilities: Electric to Site, Natural Gas Available
Local Schools
School District: District 61
Listed By / Shown By
Listed By
Agency Name: Cove Realty Inc
Agency Phone: 847-436-3551
Shown By
Agency Title: Dickerson & Nieman Realtors
Agency Phone: 815-227-5900
Estimate Your Payment
Estimated Payment
$ 2,870.20 per month $1,769.33 Principal & Interest $869.00 Property Tax $231.88 Homeowner's Insurance
228-248 W Main Street | MLS# 12637996
This land located at 228-248 W Main Street, Decatur, IL 62521 is currently listed for sale with an asking price of $795,000. The property has approximately 0.37 Acres. 228-248 W Main Street is located within the District 61 school district. Search Decatur real estate on www.dickersonnieman.com today.