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    1334 N Railroad Ave Decatur, IL 62521

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    For Sale
    $149,999

    8,220 SF warehouse building in Decatur, Illinois for sale.

    Property size:
    8,220 SF
    Lot size:
    0.74 Acres

    Property Features for 1334 N Railroad Ave

    General Information

    Size
    8,220 SF
    Lot size
    0.74 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 Warehouse Investment Opportunity

    This property presents an investment opportunity in Decatur, Illinois, featuring an 8,220 square foot building suitable for warehouse use. Constructed in 1970, the property offers a functional layout and quality construction. Zoned M1, the property has potential for various commercial ventures in the Decatur area.
    Insight Report Location Intelligence

    Current Use by Public Records

    Warehouses

    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.

    Similar Places Nearby

    Archer Daniels Midland Co, Hth Companies, Inc., C E Storage, Your Storage Place, Your Storage Place

    Location Insight

    • Map
    • Local Demand
    City
    Decatur
    County
    Macon
    State
    Illinois
    Longitude
    -88.9447329
    Latitude
    39.8555908

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    FAQs

    What type of property is this?
    Warehouse - 8,220 SF warehouse building in Decatur, Illinois for sale.
    Where is this warehouse located?
    The property is located at 1334 N Railroad Ave Decatur, IL.
    What is the asking price?
    The asking price for this property is $149,999.
    What are key features of this property?
    This property features: - 8,220 SF building suitable for Warehouse use; - Zoned M1, allowing for versatile commercial ventures; - Prime investment opportunity in Decatur, IL
    (217) 454-8800
    Request Owner's contact information
    1334 N Railroad Ave Decatur, IL 62521
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    Decatur, IL 62521
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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
    1334 N Railroad Ave Decatur, IL 62521
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