Map of Property

228-248 W Main Street Listing Details & Market Data

228-248 W Main Street, Decatur, IL 62523

  • For Sale $695,000
  • Property Type Multi-Family
  • Property Size 7,680 SF
  • Units 13
  • Lot Size 0.38 Acre
  • Year Built 1920
  • Date Updated Mar 26, 2024
WM BANDYS ADD E ~1/2 LT 12 ALL L 13 &~14 & W 7 ~LT 15 BLK 5~248 W MAIN ST TIF ~99BK2878/860 150X110.125 ~99BK2872/761 ~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.

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Contacts

broker

Zane Peterson

Main Place Real Estate

(217) 422-3335

Location

Getting Around

  • Walk Score ®

    Very Walkable (88)

  • Bike Score ®

    Very Bikeable (70)
Powered by Walk Score ®
  • City Decatur, IL
  • Neighborhood Near West Decatur
  • Zip Code 62523

Points of Interest

  • Harristown

    6.78 miles

  • Mobil

    0.82 miles

  • Corner Gas Station

    1.49 miles

  • Casey's General Store

    1.77 miles

  • Marathon;Circle K

    2.27 miles

  • Phillips 66

    3.81 miles

  • BP

    4.51 miles

  • Shell

    5.25 miles

  • Casey's General Store

    6.09 miles

  • Phillips 66

    6.44 miles

  • Casey's General Store

    8.01 miles

  • Lot M1

    0.69 miles

  • Lot M2

    0.72 miles

  • Lot M3

    0.72 miles

  • Lot M4

    0.74 miles

  • Lot M5

    0.76 miles

  • Lot M10

    0.93 miles

  • Lot M8

    0.96 miles

  • Lot M9

    0.99 miles

  • Lot M7

    1.00 miles

  • Lot M11

    1.06 miles

  • PT's BBQ

    0.41 miles

  • Pizza Hut

    0.70 miles

  • McDonald's

    0.71 miles

  • Subway

    0.74 miles

  • Head West

    0.78 miles

  • University Dogs

    0.81 miles

  • Domino's

    0.82 miles

  • Subway

    0.82 miles

  • Jimmy John's

    0.83 miles

  • Einstein Bros. Bagels

    0.90 miles

  • Saint Pauls School

    0.12 miles

  • Saint Patricks School

    0.46 miles

  • Saint James School

    0.50 miles

  • Johns Hill Magnet School

    0.86 miles

  • Millikin University

    0.86 miles

  • Riverside School

    0.99 miles

  • Saint Johns School

    1.15 miles

  • Dennis Elementary School

    1.27 miles

  • Durfee Elementary School

    1.34 miles

  • MacArthur High School

    1.41 miles

  • Baby Talk

    1.08 miles

  • Kids-N-Fitness

    1.34 miles

  • decatur daycare

    1.77 miles

Contact Listing Broker

broker

Zane Peterson

Main Place Real Estate

(217) 422-3335