Industrial Flex Shell with
For Sale
Contact for pricing
1202-1224 E Wood St, Decatur, IL 62521
Multi-tenant-ready flex property with separate metering, utility lines, and substantial outdoor storage capacity.
Property Size6,000 SF
Price / SF$3.33
Days on Market63
Property Features for 1202-1224 E Wood St
General Information
Standard status
Active
Size
6,000 SF
Property subtype
Industrial
Zoning
B2
Site & Location
Outdoor Storage
Yes
Utilities to Site
Yes
Additional Details
Opportunity Zone
Yes
Building Details
Units
4
Building Size
6,000 SF
Listing Agency:
Commercial Real Estate Exchange Inc
(217) 620-1843
Listed By:
Bianca Diorio · License #N/A
Source:
Crexi
Added: Jun 29
Changed: Aug 29
Last Checked: Aug 29 at 10:56PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Commercial Real Estate Exchange Inc
Investment Insights
Based on property information with market context.
This flex property at 1202-1224 E Wood St includes a ±6,000 SF shell designed for future occupancy and a configuration of 1–4 units. Separate metering, multiple gas and water lines, and a ±1,200 SF half-height basement support varied operating requirements. Recent capital work includes replacement floor joists, a new roofing membrane, exterior brick restoration, and structural and framing repairs.
The site also provides approximately 20,000 SF of yard area with a 53’ trailer turnaround, adding useful outdoor capacity for distribution, storage, or light industrial operations. Located in Decatur’s Midwest Inland Port, the property is zoned B2 and positioned within an Opportunity Zone. An optional seller leaseback covering 3,000 SF for a 3-year term is offered at an estimated 5% cap rate.
The site also provides approximately 20,000 SF of yard area with a 53’ trailer turnaround, adding useful outdoor capacity for distribution, storage, or light industrial operations. Located in Decatur’s Midwest Inland Port, the property is zoned B2 and positioned within an Opportunity Zone. An optional seller leaseback covering 3,000 SF for a 3-year term is offered at an estimated 5% cap rate.
Key Highlights
- ±6,000 SF multi‑tenant‑ready flex shell
- Approximately 20,000 SF of yard space
- 53’ trailer turnaround yard
Property Analytics
Current Use
Lease Details
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
312
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 62521, IL
33,793
Population
16,169
Households
2.1
Avg Household Size
44
Median Age
22%
College-Educated
91%
High-School Grad
66.0 sq mi
ZIP Area
512
Density / Sq Mi
$66,848
Median Household Income
$41,945
Median Earnings
$857
Median Rent
$119,900
Median Home Value
Market
Vacancy Rate% for Industrial in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Flex space - Multi-tenant-ready flex property with separate metering, utility lines, and substantial outdoor storage capacity.
Where is this flex space located?
The property is located at 1202-1224 E Wood St Decatur, IL.
What are key features of this property?
This property features: ±6,000 SF multi‑tenant‑ready flex shell; Approximately 20,000 SF of yard space; 53’ trailer turnaround yard
