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    875 N Monroe St Decatur, IL 62522

    Sponsored
    For Sale
    Contact for pricing

    Land - Decatur, IL

    Lot size:
    0.35 Acres
    Days on Market:
    120
    Last Refresh:
    Jan 5 at 2:06 pm

    Property Features for 875 N Monroe St

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    APN
    04121038002500
    Lot size
    0.35 Acres

    Building Details

    Architectural style
    Other

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

    Listing agent Henry Torn (855) 456-4945 License #471018202

    Listing date Sep 8, 2025

    MLS# 12456715 Listing URL

    Copyright © 2025 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

    Decatur Commercial Land Opportunity

    Located at 875 Monroe Street in Decatur, IL, this commercial land offers an opportunity for businesses to expand or establish a new location. The property's position on Monroe Street provides access to major roads and proximity to downtown Decatur and local attractions. This location is suitable for retail, office space, or other commercial developments, offering visibility and traffic potential. The property is located in Decatur's commercial district and offers visibility with traffic on Monroe Street. It is suitable for a variety of commercial developments, including retail, office, or mixed-use projects. The location is near downtown Decatur and business hubs, close to residential neighborhoods with a potential customer base, and near parks, schools, and community services. Major transportation routes are easily accessible for employee and customer convenience. The lot size is 0.35 acres.
    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 Building Supply Clothing Store Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Decatur
    County
    Macon
    State
    Illinois
    Longitude
    -88.9638418
    Latitude
    39.8496537

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    FAQs

    What type of property is this?
    Commercial land - Prime commercial land in Decatur, suitable for various developments.
    Where is this commercial land located?
    The property is located at 875 N Monroe St Decatur, IL.
    What is the asking price?
    The asking price for this property is $4,400.
    What are key features of this property?
    This property features: - Excellent location in Decatur's commercial district with prime visibility on Monroe Street.; - High traffic location suitable for retail, office, or mixed-use commercial developments.; - Minutes away from downtown Decatur and key business hubs.
    (855) 456-4945
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    875 N Monroe St Decatur, IL 62522
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    Decatur, IL 62522
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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
    875 N Monroe St Decatur, IL 62522
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