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    3090 N Main St Decatur, IL 62526

    For Sale
    $1,247,500

    Well-maintained commercial property with established tenants and strong returns.

    Property size:
    10,160 SF
    Lot size:
    0.88 Acres

    Property Features for 3090 N Main St

    General Information

    Size
    10,160 SF
    Lot size
    0.88 Acres

    Source: Main Place Real Estate Agent Zane Peterson

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Decatur Commercial Investment Opportunity

    This commercial property in Decatur, Illinois, presents an investment opportunity. The well-maintained building has 10,160 square feet of space and sits on a 38,333 square foot lot. The property hosts three established tenants, all on Triple Net (NNN) leases, ensuring minimal landlord responsibilities. The property offers an 8% capitalization rate. The building is well-constructed. The property is located in a bustling part of Decatur, benefiting from high visibility and accessibility. It is close to major highways and public transportation. The property is surrounded by shopping centers, dining options, and essential services. Decatur is a dynamic city.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Network Solutions Unlimited Computer Support And Services Miller Wealth Management ... Investment Service Dr. Lohr Chiropractor Decatur Computers LLC Computer Support And Services

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Decatur
    County
    Macon
    State
    Illinois
    Longitude
    -88.9560764
    Latitude
    39.8781477

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    FAQs

    What type of property is this?
    Office building - Well-maintained commercial property with established tenants and strong returns.
    Where is this office building located?
    The property is located at 3090 N Main St Decatur, IL.
    What is the asking price?
    The asking price for this property is $1,247,500.
    What are key features of this property?
    This property features: - 8% Capitalization Rate: Offers strong returns.; - Triple Net (NNN) Leases: Minimizing landlord responsibilities with all three tenants on NNN leases.; - Tenant Stability: Ensuring a consistent revenue stream with three established tenants.
    (217) 454-8800
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    3090 N Main St Decatur, IL 62526
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    Decatur, IL 62526
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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
    3090 N Main St Decatur, IL 62526
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