1173 Fortune Boulevard, Shiloh, IL 62269 - 618-277-4400
Value-Add Investment Opportunity
334 West Main St, Decatur, Illinois 62522
Macon County

Katie . Bush

Phone: 701-213-3301

Carter Marteeny - CCIM

Phone: 618-304-3917

Basic Details
Listing No:
3148
Sale Or Lease:
For Sale
Property Type(s):
Investment, Office, Retail
Building Size (Sqft):
14,500 Sqft.
Sale Price:
$800,000
Sale Price Per Sqft:
$55.17
CAP Rate:
7.96%
NOI:
$63,708
Address
Country:
US
State:
IL
County:
Macon
City:
Decatur
Zipcode:
62522
Street Number:
334
Street:
West Main
Street Suffix:
St
Square Foot Information
Building Total Sqft:
14,500 Sqft.
Property Information
Parcel No:
04-12-15-256-012
Zoning:
Commercial Business
TIF:
Yes
Parking:
32
Parking Surface Type:
Asphalt
Tax Year:
2024
Traffic Count:
2,050
Structural Data
Year Built:
1963
Rehab Year:
2022
Class:
B
Clearance Min:
10 ft
Clearance Max:
12 ft
Roof:
Flat - 2015
Exterior:
Brick, Mixed
Floors:
3
Total Units:
8
Land Measurements
Acres:
0.55 Acre(s)
Frontage:
152 ft
Depth:
157 ft
Utility Information
Water Provider:
City
Water Provider Location:
On Site
Sewer Provider:
City
Sewer Provider Location:
On Site
Gas Provider:
City
Gas Provider Location:
On Site
Electric Provider:
City
Electric Provider Location:
On Site
Income and Expenses
Gross Rental Income:
$105,600