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    1192 E Pershing Rd Decatur, IL 62526

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    For Lease
    $24 SF/Yr ($12,601 /Mo)

    Class A property suitable for medical or general office use.

    Property size:
    6,172 SF
    Lot size:
    0.92 Acres

    Property Features for 1192 E Pershing Rd

    General Information

    Size
    6,172 SF
    Lot size
    0.92 Acres

    Source: Main Place Real Estate Agent Zane Peterson

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

    Overview

    Premium Office/Medical Space Available

    This Class A property offers approximately 1,000 to 6,172 square feet of lease space, suitable for medical practices or general office use. The property has a history of healthcare-related occupancy, with former tenants including HSHS and Vero Clinics. Constructed recently, the property features concrete parking and high visibility, with over 18,000 vehicles passing by daily. Convenient access and curb appeal are additional features of the property.
    Location Intelligence

    Current Use by Public Records

    Vero Clinics Medical Clinic Jeffrey Pfeiffer Obstetrician-Gynecologist Dr. Mokerrum Malik Obstetrician-Gynecologist

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Hair Salon Auto Repair Shop 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
    -88.941278
    Latitude
    39.8775839

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    FAQs

    What type of property is this?
    Medical office - Class A property suitable for medical or general office use.
    Where is this medical office located?
    The property is located at 1192 E Pershing Rd Decatur, IL.
    What is the lease rate?
    The lease rate is $24 SF/Yr.
    What are key features of this property?
    This property features: - Exceptional visibility with high traffic count (over 18,000 vehicles per day).; - Premium lease space suitable for medical or general office use (1,000 to 6,172 sq ft).; - Proven track record for healthcare occupancy.
    (217) 454-8800
    Request Owner's contact information
    1192 E Pershing Rd 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
    1192 E Pershing Rd Decatur, IL 62526
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