228-248 W Main Street

Property feature image
Address: 228-248 W Main Street, Decatur, Illinois, US
Created date: February 21, 2024
Date last updated: March 26, 2024

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.

Key Property Information

Listing Status: Unavailable
Listing Type: Call for offers
Property Types: Apartment Buildings
Price: $695,000
No. of Units: 13
Year Built: 1920
Lot Size: 0.38 Sq ft
Opportunity Zone: No
Price per unit: $53,462
Property Website Click Here
Address: 228-248 W Main Street, Decatur, IL 62523, USA
Provided by:

Similar Properties in the Area

Hillsboro Townhomes

El Dorado , Arkansas
Chicago & Midwest + Apartment Buildings


Springdale , Arkansas
Chicago & Midwest + Apartment Buildings
Units: 82

1512-1514 S 7th Street

Terre Haute , Indiana
Chicago & Midwest + Apartment Buildings
Price: $149,900


View All
popup background image