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Development Land with City Annex Option
For Sale
$257,700

4378 Taylor Ave, Decatur, IL 62526

COMMERCIAL - Decatur, IL

Property SizeContact for details
Lot Size8.81 Acres
Days on Market153

Property Features for 4378 Taylor Ave

General Information

Property type Commercial Sale
Property subtype Other
High school district 000000
Directions Take I-72 east toward Decatur from Springfield. Take Exit 138 for IL-121 toward Decatur/Forsyth, then continue north on IL-121 (US-51). Turn left onto Mound Rd, then turn right onto N Taylor Ave. Continue north and the property at 4378 Taylor Ave will be on the right side.
Standard status Active
APN 07-28-200-036
Lot size 8.81 Acres
Listing Agency: National Land Realty, Illinois
Listed By: Jeremy Mccoy
Added: Mar 12 Changed: Aug 4 Last Checked: Aug 11 at 8:06AM
MLS# 11672836

Copyright © 2026 My State MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This for-sale development land parcel consists of 8.81+/- acres and is positioned for flexible planning. The site offers the ability to annex into the city for water and sewer services, which can help support a wide range of residential-oriented concepts, including residential, multi-family, or mixed-use development. The property may also be divided, allowing for more than one development approach depending on the end-use strategy.

The land is located at 4378 Taylor Ave in Decatur, IL. It sits just minutes from Interstate-72, providing convenient regional access, and it is situated on the north side of Decatur.

For builders, developers, and investors evaluating sites for residential or mixed-use projects, the annexation option for water and sewer services is a key planning consideration. The fact that the parcel may be divided can support smaller phased plans, while the option to purchase it together with the adjacent 61.29+/- acre tract can accommodate larger, expanded development scenarios where a broader land footprint is desired.

Key Highlights

  • 8.81+/- acre development land on Taylor Avenue in Decatur, IL
  • Zoned for flexible development with potential for residential, multi‑family, or mixed‑use
  • Minutes from Interstate‑72, offering regional access

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick Real Estate Agency Law Firm Auto Repair Shop Hair Salon Spa & Massage Center Pharmacy

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

200
Businesses Nearby

Demographics for 62526, IL

31,758
Population
16,425
Households
1.9
Avg Household Size
41
Median Age
20%
College-Educated
92%
High-School Grad
66.0 sq mi
ZIP Area
481
Density / Sq Mi
$48,222
Median Household Income
$39,048
Median Earnings
$785
Median Rent
$91,500
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Residential land & home lot - Multi-use development tract with annexation pathway for water and sewer services and flexible residential, multifamily, or mixed-use planning.
Where is this residential land & home lot located?
The property is located at 4378 Taylor Ave Decatur, IL.
What is the asking price?
The asking price for this property is $257,700.
What are key features of this property?
This property features: 8.81+/- acre development land on Taylor Avenue in Decatur, IL; Zoned for flexible development with potential for residential, multi‑family, or mixed‑use; Minutes from Interstate‑72, offering regional access
More about this property
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