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    355-385 E Ash Ave Decatur, IL 62526

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    For Sale
    $840,068

    Office building in Decatur, Illinois, with established tenants.

    Property size:
    5,720 SF
    Lot size:
    1.02 Acres

    Property Features for 355-385 E Ash Ave

    General Information

    Size
    5,720 SF
    Lot size
    1.02 Acres

    Source: Coldwell Banker Commercial Devonshire Realty Agent AJ Thoma III

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

    Overview

    Decatur Office Building For Sale

    This office building, constructed in 2000, is available for sale. The building has undergone several updates in recent years. The property is currently occupied by Edward Jones (1,000 square feet at 385 E. Ash Ave.), All Ways Caring (1,640 square feet at 375 E. Ash Ave.), and Traditions Health (3,084 square feet at 365 E. Ash Ave.). The total property size is 5,720 square feet and is located in Decatur, Illinois.
    Location Intelligence

    Current Use by Public Records

    Office buildings

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Gym & Fitness Daycare Center 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
    -88.959708
    Latitude
    39.8982187

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    FAQs

    What type of property is this?
    Office building - Office building in Decatur, Illinois, with established tenants.
    Where is this office building located?
    The property is located at 355-385 E Ash Ave Decatur, IL.
    What is the asking price?
    The asking price for this property is $840,068.
    What are key features of this property?
    This property features: - Office building investment opportunity.; - Leased to established tenants: Edward Jones, All Ways Caring, and Traditions Health provide immediate income.; - Constructed in 2000 and recently updated.
    (217) 520-3299
    Request Owner's contact information
    355-385 E Ash Ave 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
    355-385 E Ash Ave Decatur, IL 62526
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