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    141 E Packard St Decatur, IL 62521

    Sponsored
    For Sale
    Contact for pricing

    LAND - Decatur, IL

    Lot size:
    0.50 Acres
    Days on Market:
    3
    Last Refresh:
    Jan 5 at 9:06 am

    Property Features for 141 E Packard St

    General Information

    Special listing conditions
    Standard
    Property type
    Land
    Property subtype
    Other
    TransactionType
    Standard
    Standard status
    Active
    APN
    041210434003
    Lot size
    0.50 Acres

    Utilities

    Utilities
    Water Available

    LISTWITHFREEDOM.COM (855) 456-4945 [email protected]

    Listing agent Henry Torn (855) 456-4945

    Listing date Jan 3, 2026

    MLS# 12437406 Listing URL

    Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Commercial Lot in Decatur, IL

    This commercial lot, located at 141 E Packard Street in Decatur, IL, presents an opportunity for business ventures. The 0.5-acre parcel is zoned for commercial use and is suitable for a food truck, taco stand, pop-up shop, or small business building. Situated minutes from downtown, the lot benefits from street visibility and includes an easement. Utilities are nearby, though verification is the responsibility of the buyer. This location is suited for launching or expanding a business in a high-traffic area.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Decatur
    County
    Macon
    State
    Illinois
    Longitude
    -88.955376
    Latitude
    39.852211

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    FAQs

    What type of property is this?
    Commercial land - Commercial lot ideal for food truck or small business.
    Where is this commercial land located?
    The property is located at 141 E Packard St Decatur, IL.
    What is the asking price?
    The asking price for this property is $5,500.
    What are key features of this property?
    This property features: - Prime Location: Heart of Decatur, minutes from downtown with excellent street visibility.; - Commercial Zoning: Zoned for commercial use, ideal for various business ventures.; - High-Traffic Area: Perfect for launching or expanding a business.
    (855) 456-4945
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    141 E Packard St Decatur, IL 62521
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    Decatur, IL 62521
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    141 E Packard St Decatur, IL 62521
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