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    158 W Prairie Ave Decatur, IL 62523

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    For Lease
    $1,200 /Mo ($14 SF/Yr)

    Turn-key executive office suite with furniture included and utilities.

    Property size:
    1,007 SF
    Lot size:
    0.36 Acres

    Property Features for 158 W Prairie Ave

    General Information

    Size
    1,007 SF
    Lot size
    0.36 Acres

    Source: Main Place Real Estate Agent Zane Peterson

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

    Overview

    Executive Office Space For Rent

    This turn-key executive office space, with furniture included, is situated on the professional suite level (ground floor). Suite 110 offers two executive offices, an open reception area, a large boardroom, a kitchenette, and a private restroom. The lease includes all basic utilities. Located in Decatur, Illinois, the 1,007 square-foot office space is suitable for law firms and consulting companies. A designated parking space near the front door can be reserved at an additional rate. In addition to the office amenities, enjoy all the benefits of the Decatur Club by joining as a member.
    Insight Report Location Intelligence

    Current Use by Public Records

    Morthland Mark Family Law Attorney The Law Offices of Frederick ... Personal Injury Attorney Mass Mutual Financial ... Financial Planner Decatur Club Fine Dining Restaurant William Faber Ltd Law Firm

    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
    -88.9569589
    Latitude
    39.8427036

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    FAQs

    What type of property is this?
    Office space - Turn-key executive office suite with furniture included and utilities.
    Where is this office space located?
    The property is located at 158 W Prairie Ave Decatur, IL.
    What is the lease rate?
    The lease rate is $14 SF/Yr.
    What are key features of this property?
    This property features: - Turn-key executive office with furniture included.; - Includes two executive offices, open reception, large boardroom, kitchenette, and private restroom.; - Professional suite level (ground floor) location.
    (217) 454-8800
    Request Owner's contact information
    158 W Prairie Ave Decatur, IL 62523
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    Decatur, IL 62523
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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
    158 W Prairie Ave Decatur, IL 62523
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