RARE downtown investment opportunity has hit the market! This thirteen-unit mixed-use property offers six retail storefronts at street level and seven upstairs apartments, along with an off-street parking lot on the north side. Most units are individually metered, with landlord responsibilities varying by lease. With room to grow income through future rent adjustments and a prime location on historic West Main Street near Millikin University, this property is full of potential. Please do not disturb tenants.
Listed By
Agency Name: Cove Realty Inc
Agency Phone: 847-436-3551
Shown By
Agent Name: Rick Anders
Agent Phone: (815) 543-4144
Agency Title: Dickerson & Nieman Realtors
Estimated Payment
$ 2,870.20 per month $1,769.33 Principal & Interest $869.00 Property Tax $231.88 Homeowner's Insurance
228-248 W Main Street | MLS# 12637996
This land located at 228-248 W Main Street, Decatur, IL 62521 is currently listed for sale with an asking price of $795,000. The property has approximately 0.37 Acres. 228-248 W Main Street is located within the District 61 school district. Search Decatur real estate on rickanders.dickersonnieman.com today.