182 results
Address
Price
Size
1343 State Rte 48
1343 N Illinois Route 48
Decatur, IL
The building is located on the Northwest corner of IL Rt. 48 (N. Oakland Ave/N. Fairview Ave) (11,700 VPD) and W. Grand Ave (8,100 VPD) in west Decatur. The property is surrounded by retailers such as Walgreens, U Top Beauty Supply, Save A Lot Grocery, Harvest Market Fuel Station and Autozone as well as residential neighborhoods, Akorn Pharmaceuticals, MacArthur High School, and just north of Milikin University.
The building consist of 17,568 SF and was originally constructed in 1967 and since been split into two tenant spaces. Currently there is 7,200 SF available for lease. The space is currently set up for wide open retail with mechanical and restroom bank in the middle of the space (See Floor Plan). The Landlord is prepared to renovate the space for a well qualified tenant.
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Value-Add Office Building For Sale
365 W Ash Ave
Decatur, IL
Lot Size:1.18Acres
Ash Ave Office Complex is off US 51 (25,100 VPD) and Ash Ave. (11,900 VPD) on the North side of Decatur IL. The property sits across the street from Decatur Crossing which is anchored by Sam’s Club and Wal-Mart Supercenter (both recently remodeled) and is the highest volume retail center in the area. Other businesses in the immediate area include: Walgreens, Slumberland Furniture, Panera, Arby’s, Burger King, Sprint Mobile, Flooring America, Joanne Fabrics, Monical’s Pizza, Fuji Japanese Steakhouse, El Rodeo Mexican Restaurant, Boost Mobile, Sally Beauty Supply, Personal Finance, Ruby’s Gaming, Mega Replay, and Mid America Credit Union. Decatur IL is centrally located lying 40 miles east of Springfield (IL), 45 miles south of Bloomington-Normal, 50 miles southwest of Champaign-Urbana, 135 miles northeast of St. Louis (MO), 150 miles west of Indianapolis (IN), and 180 miles southwest of Chicago.
Coldwell Banker Commercial Devonshire Realty (CBCDR) is proud to exclusively offer for sale this Value-Add Office Building in Decatur. The building was constructed in 2000 and has undergone several updates in recent years. Currently Edward Jones (1,000 SF @ 385 E. Ash Ave.) & All Ways Caring (1,640 SF @ 375 E. Ash Ave.) are in about 45% of the building. Currently there is one vacant space: 3,084 SF @ 365 E. Ash Ave. 365 E. Ash consist of 4 large offices, 1 large conference room, kitchenette, 2 restrooms, and entrance off a vestibule.
Sale:
$599,000
$599,000
1.18Acres
2220 N Monroe St
Decatur, IL
2220 N Monroe Street is a 12,898-square-foot, Class C, medical office building situated on 0.24 acres with 56 parking spaces. Positioned at the doorstep of Decatur Memorial Hospital and Monroe Park, ideally located five minutes from Downtown with ample housing options. Value-add opportunity with only one tenant in place and incredible roadway exposure in a prolific healthcare market.
Lease:
$471 -
$3,877/month
$471 -
$3,877/month
707 SF -
2,908 SF
2,908 SF
Ash Ave Complex
415 E Ash Ave
Decatur, IL
Ash Ave Office Complex is off US 51 (25,100 VPD) and Ash Ave. (11,900 VPD) on the North side of Decatur IL. The property sits across the street from Decatur Crossing which is anchored by Sam’s Club and Wal-Mart Supercenter (both recently remodeled) and is the highest volume retail center in the area. Other businesses in the immediate area include: Walgreens, Slumberland Furniture, Panera, Arby’s, Burger King, Sprint Mobile, Flooring America, Joanne Fabrics, Monical’s Pizza, Fuji Japanese Steakhouse, El Rodeo Mexican Restaurant, Boost Mobile, Sally Beauty Supply, Personal Finance, Ruby’s Gaming, Mega Replay, and Mid America Credit Union. Decatur IL is centrally located lying 40 miles east of Springfield (IL), 45 miles south of Bloomington-Normal, 50 miles southwest of Champaign-Urbana, 135 miles northeast of St. Louis (MO), 150 miles west of Indianapolis (IN), and 180 miles southwest of Chicago.
This Class A office complex is comprised of three buildings: 345 E. Ash Ave, 385 E. Ash Ave, and 415 E. Ash Ave. 345 E. Ash Ave is a 13,365 SF building that was built in 1998 and has been remodeled several times for different tenants. Currently, there is no available space in this building. 385 E. Ash Ave is a 5,720 SF building that was built in 2000 and currently houses 2 national tenants. Currently, there is 3,084 SF available in suite A and 1,640 SF available in suite B. Suite A consist of 4 large offices, 1 large conference room, kitchenette, 2 restrooms, and entrance off a vestibule. Suite B consists of 2 conference rooms/offices, 1 private office, 1 restroom, and a large break/file storage area. 415 E. Ash Ave is an 11,490 SF building built in 1997 and has been remodeled several times for different tenants. Currently, there is 1,550 SF available in suite C. Suite C consists of 6 offices, small kitchette, restroom, and entrance off a vestibule. Landlord is prepared to retrofit premises to accommodate tenants
Lease:
$35,671/month
$35,671/month
30,575 SF
Decatur Crossing
4200 N Prospect Dr.
Decatur, IL
Property is located off US 51 (25,100 VPD) and Ash Ave. (11,900 VPD) on the North side of Decatur IL. Decatur Crossing is anchored by Sam’s Club and Wal-Mart Supercenter (both recently remodeled) and is the highest volume retail center in the area. Other businesses in the immediate area include: Walgreens, Slumberland Furniture, Panera, Arby’s, Burger King, Sprint Mobile, Flooring America, Joanne Fabrics, Monical’s Pizza, Fuji Japanese Steakhouse, El Rodeo Mexican Restaurant, Boost Mobile, Sally Beauty Supply, Personal Finance, Ruby’s Gaming, Mega Replay, and Mid America Credit Union. Decatur IL is centrally located lying 40 miles east of Springfield (IL), 45 miles south of Bloomington-Normal, 50 miles southwest of Champaign-Urbana, 135 miles northeast of St. Louis (MO), 150 miles west of Indianapolis (IN), and 180 miles southwest of Chicago.
Currently there are two space available within Decatur Crossing. 4206 N. Prospect is located in the outlot building on the corner of North Prospect Ave. & East Ash Ave. (4200 N. Prospect Ave.). This 14,000 SF multi-tenant building currently has 2,375 SF and was most recently used as a tanning salon and features open retail and two restrooms in the rear of the suite. The second space available is located in the inline building between Sam’s Club and Wal-Mart (4280 N. Prospect Ave.). This 33,000 SF multi-tenant building currently has 2,134 SF available at 4280 N. Prospect Ave. This space is currently built out as a dine in and carry-out restaurant. The current tenant owns or leases the equipment and the major fixtures and equipment will stay. Decatur Crossing features over 1800 parking spots, great visibility, and traffic counts.
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14,000 SF
Cutting Edge Plaza
985 W Pershing Rd
Decatur, IL
Lot Size:12.00Acres
This building is located on a very busy road. 2 spaces are available in front. Plenty of parking. Owner is cooperative. Call anytime for showing
Sale:
$3,500,000
Lease:
$1,008 -
$1,800/month
$3,500,000
Lease:
$1,008 -
$1,800/month
1,800 SF
625-707 W South Side Dr
Decatur, IL
Ample car and truck parking. Additional docks can be added. Year Built: 1954 - Renovated: 1990
. Sprinklers: 100% wet. Parking: 500+ surface spaces. Clear Height: 16' - 28'
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25,000 SF -
473,910 SF
473,910 SF
Mutual of Omaha
5130 Hickory Point Frontage Rd
Decatur, IL
Lot Size:1.07Acres
Marcus & Millichap is pleased to present for sale the multi-tenant, modern three-story office complex located at 5130 Hickory Point Frontage Road in Decatur, Illinois. The building was originally a build-to-suit for Met Life Insurance, which makes the office space ideal for professional and medical practice. The subject property offers a strong tenancy mix of national and regional tenants including Met Life Insurance, Mutual of Omaha, Berkshire Hathaway Automotive, Illinois State Senator Chapin Rose, and other professional tenants. The building is 70 percent occupied. The subject property is in pristine condition with no deferred maintenance. It has seen $500,000 in extensive interior and exterior renovation on all major capital expense items from 2009-2016. The roof, siding, gutters, soffits, carpets, floors, and lighting have all been replaced along with three new HVAC units. Also, windows on the south side of the building has been replaced. It features a 50-space parking lot with a concrete surface which requires no maintenance, plus the site includes an additional two-car garage. In 2011, the subject property was professionally re-landscaped. Decatur is centrally located, lying 40 miles east of Springfield, Illinois; 45 miles south of Bloomington-Normal, Illinois; 50 miles southwest of Champaign-Urbana, Illinois; 135 miles northeast of St. Louis, Missouri; 150 miles west of Indianapolis, Indiana; and 180 miles southwest of Chicago. Marcus & Millichap is pleased to present for sale the multi-tenant, modern three-story office complex located at 5130 Hickory Point Frontage Road in Decatur, Illinois. The building was originally a build-to-suit for Met Life Insurance, which makes the office space ideal for professional and medical practice. The subject property offers a strong tenancy mix of national and regional tenants including Met Life Insurance, Mutual of Omaha, Berkshire Hathaway Automotive, Illinois State Senator Chapin Rose, and other professional tenants. The building is 70 percent occupied. The subject property is in pristine condition with no deferred maintenance. It has seen $500,000 in extensive interior and exterior renovation on all major capital expense items from 2009-2016. The roof, siding, gutters, soffits, carpets, floors, and lighting have all been replaced along with three new HVAC units. Also, windows on the south side of the building has been replaced. It features a 50-space parking lot with a concrete surface which requires no maintenance, plus the site includes an additional two-car garage. In 2011, the subject property was professionally re-landscaped. Decatur is centrally located, lying 40 miles east of Springfield, Illinois; 45 miles south of Bloomington-Normal, Illinois; 50 miles southwest of Champaign-Urbana, Illinois; 135 miles northeast of St. Louis, Missouri; 150 miles west of Indianapolis, Indiana; and 180 miles southwest of Chicago.
Sale:
$980,000
$980,000
1.07Acres
MOTIVATED SELLER - REDUCED - CSL Plasma & Crossing Healthcare Medical Center - Decatur, IL
1025-1029 N Water St
Decatur, IL
Lot Size:0.76Acres
The property located at 1025-1029 North Water Street offers an investor an exceptional opportunity to purchase a manageable, stable asset that provides a generous cash flow. With only three tenants to manage, the asset is perfect for an investor looking for a more passive investment. The largest tenant CLS Plasma, which occupies roughly 50 percent of the rentable area, has been a tenant since 1996 and has a high demand with heavy traffic offering for the surrounding demographic. The three tenants that occupy the property are CSL Plasma, Crossing Healthcare, and Debbie's Gaming. Of the three tenants 94.3 percent is leased to medical tenants: CSL Plasma and Crossing Healthcare. The remaining square footage of 5.71 percent is leased to Debbie’s Video, Poker and Slots. Crossings Healthcare has expressed interest in leasing Debbie’s space, should the space become available. Crossing Healthcare is a federally qualified health center that provides primary outpatient medical care to Macon and surrounding counties. Formerly known as Community Health Improvement Center (CHIC), the organization operates as a non-profit organization, comprised of medical professionals who are driven to provide quality care and service to the community. Providers at Crossing Healthcare are passionate about bringing the best care to those with the highest need. Additionally, Crossing Healthcare has expanded twice within the property. Once to add a methadone treatment clinic and then to add behavioral component to help patients handle drug addiction. The going in cap rate on the current rents and in-place expenses and taxes is 10.14 percent. Upon sale there will most likely be a reassessment of the taxes which would yield a one-year proforma cap rate of roughly 8.36 percent. Assuming a 70 percent LTV 20-year amortizing loan, with no interest only period, and an interest rate of five percent, an investor can still expect a year-one cash yield of 9.39 percent. Built in 1980's the property is fully occupied and has undergone improvements last year. Crossing Healthcare, whom occupies roughly 45 percent of the rentable area, underwent a $400,000 - $500,000 remodeling. Additionally, CSL Plasma is undergoing a remodel to add new cooling equipment for plasma draws. In addition to the tenant remodels, the roof is in very good condition, with one portion being brand new. The property located at 1025-1029 North Water Street offers an investor an exceptional opportunity to purchase a manageable, stable asset that provides a generous cash flow. With only three tenants to manage, the asset is perfect for an investor looking for a more passive investment. The largest tenant CLS Plasma, which occupies roughly 50 percent of the rentable area, has been a tenant since 1996 and has a high demand with heavy traffic offering for the surrounding demographic. The three tenants that occupy the property are CSL Plasma, Crossing Healthcare, and Debbie's Gaming. Of the three tenants 94.3 percent is leased to medical tenants: CSL Plasma and Crossing Healthcare. The remaining square footage of 5.71 percent is leased to Debbie’s Video, Poker and Slots. Crossings Healthcare has expressed interest in leasing Debbie’s space, should the space become available. Crossing Healthcare is a federally qualified health center that provides primary outpatient medical care to Macon and surrounding counties. Formerly known as Community Health Improvement Center (CHIC), the organization operates as a non-profit organization, comprised of medical professionals who are driven to provide quality care and service to the community. Providers at Crossing Healthcare are passionate about bringing the best care to those with the highest need. Additionally, Crossing Healthcare has expanded twice within the property. Once to add a methadone treatment clinic and then to add behavioral component to help patients handle drug addiction. The going in cap rate on the current rents and in-place expenses and taxes is 10.14 percent. Upon sale there will most likely be a reassessment of the taxes which would yield a one-year proforma cap rate of roughly 8.36 percent. Assuming a 70 percent LTV 20-year amortizing loan, with no interest only period, and an interest rate of five percent, an investor can still expect a year-one cash yield of 9.39 percent. Built in 1980's the property is fully occupied and has undergone improvements last year. Crossing Healthcare, whom occupies roughly 45 percent of the rentable area, underwent a $400,000 - $500,000 remodeling. Additionally, CSL Plasma is undergoing a remodel to add new cooling equipment for plasma draws. In addition to the tenant remodels, the roof is in very good condition, with one portion being brand new.
Sale:
$1,654,000
$1,654,000
0.76Acres
City Plaza
222 E North St
Decatur, IL
This is an exceptional office with lots of light, privacy windows, two offices, reception area, large conference room, small kitchenette and handicapped restroom. It is street level with a private entrance and parking at the door. Ideal for a law or accounting practice. Located downtown near the courts, banks, restaurants, theaters, city and county offices, post office, library, etc. On-site management.
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2499 N Monroe St
Decatur, IL
Lot Size:0.30Acres
Available For Sale or Lease - 2,050-square-foot single story Class B medical office building with full basement level perfect for storage or additional office space. Situated on approximately 0.30 acres fee simple. According to the property card, the building was constructed in 1971 and renovated in the
last 10 years. Located across from the Decatur Memorial Hospital campus on a corner lot at a signalized intersection (Monroe & McKinley) with easy access to a plethora of amenities and five minutes from Downtown Decatur.
High traffic neighborhood intersection with over 8,700 VPD. The city of Decatur has a vibrant healthcare market providing an attractive community for tenants and/or owner user.
Sale:
$195,000
Lease:
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$195,000
Lease:
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508 East Hickory Point Road
Decatur, IL
Lot Size:1.65Acres
Sale:
$199,000
$199,000
1.65Acres
466 South Haworth Avenue
466 S Haworth Ave
Decatur, IL
Sale:
$38,800
$38,800
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5130 Hickory Point Frontage Road
5130 Hickory Point Frontage Rd
Decatur, IL
Lot Size:1.07Acres
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1.07Acres
2950 North Water Street
2950 N Water St
Decatur, IL
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150 East William Street
150 E William St
Decatur, IL
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1930 South Taylorville Road
1930 S Taylorville Rd
Decatur, IL
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345 East Ash Avenue, #b
345 E Ash Ave
Decatur, IL
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345 East Ash Avenue, #a
345 E Ash Ave
Decatur, IL
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4206 North Prospect Drive
4206 N Prospect Dr
Decatur, IL
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2800 North Woodford Street
Decatur, IL
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940 West Eldorado Street
940 W Eldorado St
Decatur, IL
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1065 West Eldorado Street
1065 W Eldorado St
Decatur, IL
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2303 East Federal Drive
Decatur, IL
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1530 East McBride Street
1530 E McBride Ave
Decatur, IL
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222 East North Street
222 E North St
Decatur, IL
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410 North Water Street
410 N Water St
Decatur, IL
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445 North Franklin Street
445 N Franklin St
Decatur, IL
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242 East North Street
242 E North St
Decatur, IL
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770 East Eldorado Street
770 E Eldorado St
Decatur, IL
Lot Size:0.62Acres
Sale:
$299,999
$299,999
0.62Acres
1350 North Water Street
1350 N Water St
Decatur, IL
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1450 East North Street
1450 E North St
Decatur, IL
Lot Size:0.55Acres
Sale:
$179,900
$179,900
0.55Acres
303 East Pershing Road
303 E Pershing Rd
Decatur, IL
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540 West North Street
540 W North St
Decatur, IL
Lot Size:0.10Acres
Sale:
$10,816
$10,816
0.10Acres
3070 North Water Street
3070 N Water St
Decatur, IL
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2909 North Brush College Road
2909 N Brush College Rd
Decatur, IL
Lot Size:30.83Acres
Sale:
$770,750
$770,750
30.83Acres
146 South Water Street
146 S Water St
Decatur, IL
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2320 North Oakland Avenue
2320 N Oakland Ave
Decatur, IL
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2891 North Water Street
2891 N Water St
Decatur, IL
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2828 North Main Street
2828 N Main St
Decatur, IL
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2500 North 22nd Street
2500 N 22nd St
Decatur, IL
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2875 North Water Street
2875 N Water St
Decatur, IL
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2870 North Main Street
2870 N Main St
Decatur, IL
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815 South 22nd Street
815 S 22nd St
Decatur, IL
Lot Size:0.34Acres
Sale:
$285,000
$285,000
0.34Acres
4655 East Maryland Street
4655 E Maryland St
Decatur, IL
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1176 East Riverside Avenue
1176 E Riverside Ave
Decatur, IL
Lot Size:0.19Acres
Sale:
$54,900
$54,900
0.19Acres
2952 North Martin Luther King Junior Drive
2912 N Martin Luther King Jr Dr
Decatur, IL
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5675 U.S. 36
Decatur, IL
Lot Size:1.50Acres
Sale:
$85,000
$85,000
1.50Acres
899-801 North Morgan Street
Decatur, IL
Lot Size:0.70Acres
Sale:
$288,900
$288,900
0.70Acres
2590 East Federal Drive
2590 E Federal Dr
Decatur, IL
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Market Stats
Decatur has 118 commercial real estate spaces for lease, representing 1,312,367 sqft space.
113 buildings are available for sale.
In the past 30 days, Decatur has had 3 spaces leased.
Metropolitan areas near Decatur, IL
Counties near Decatur, IL
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