A great opportunity to own a mixed-use commercial property near downtown Decatur. Situated on historic West Main Street connecting to downtown and Millikin University this all brick property is perfect for your investment portfolio. The first floor offers over 7,800 square feet of office space. The upstairs has 7 separate rental units including studio/efficiency, 1 bedroom, 2 bedroom units. The basement offers a large amount of finished space that was previously used as laboratory space but could be renovated for either additional office or rental unit potentials. Off-street parking lot with approximately 32 spaces. Priced at appraised value as of 12/2020.
Off market
$745,800
334 W Main St, Decatur, IL 62522
--beds
0baths
7,874sqft
5-10 Units
Built in 1963
-- sqft lot
$745,800 Zestimate®
$95/sqft
$872 Estimated rent
Owner options
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 0
Heating
- Gas
Cooling
- Central
Interior area
- Total interior livable area: 7,874 sqft
Property
Lot
- Size: 0.55 Acres
Details
- Zoning: O-1
Construction
Type & style
- Home type: MultiFamily
- Property subtype: 5-10 Units
Condition
- Year built: 1963
Utilities & green energy
- Water: Public
Community & neighborhood
Location
- Region: Decatur
Other
Other facts
- Carport Spaces: 0
- Hookups In Bldg YN: 1
- Lake Front YN: 0
- Possession: At Close
- Sewer Desc: City Sewer
- Water Source: Public
- Water Heater: Gas
- Cooling: Central
- Heating: Gas
- Lease YN: 0
- Property Sub Type: 5-10 Units
- Roof: Other
- Garage Spaces: 0.00
- Foundation Type: Full Basement
- Tax Year: 2019
- Road Surface Type: Private
- Tax Amount: 12485.00
- Zoning: O-1
- Road surface type: Private