Decatur Investment Opportunity For
For Sale
$389,000
1070 W South Side Dr, Decatur, IL 62521
Decatur, Illinois investment property 100% leased to credit tenants.
Property SizeContact for details
Lot Size6.19 Acres
Days on Market742
Property Features for 1070 W South Side Dr
General Information
Standard status
Active
Lot size
6.19 Acres
Taxes and HOA fees
Annual Taxes
$13,123
Listing Agency:
Vieweg RE/Better Homes & Gardens Real Estate-Service First
(217) 454-4037
Listed By:
Tim Vieweg · License #471018186
(217) 454-4037
Source:
Exprealty
Added: Jul 31, 2024
Changed: Aug 8
Last Checked: Jul 17 at 3:10PM
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 Vieweg RE/Better Homes & Gardens Real Estate-Service First
Investment Insights
Based on property information with market context.
Located at 1070 South Side Drive in Decatur, Illinois, this investment opportunity is situated on approximately two acres of land on the south side of town. Constructed in 2015, the property is 100% leased to credit-worthy tenants, including Allstate, Edward Jones Financial, and a CEFCU ATM, providing immediate cash flow. The property benefits from high visibility and road frontage, with nearly 18,000 vehicles per day on South Side Drive and Illinois Route 48. Its location offers close proximity to multiple amenities, US Route 51, and Illinois Route 48, providing quick access to I-72.
Key Highlights
- 100% leased with credit‑worthy tenants including Allstate, Edward Jones Financial, and CEFCU ATM, ensuring immediate cash flow.
- Built in 2015, indicating modern construction.
- High traffic location, approximately 18,000 vehicles per day, offering excellent visibility.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
149
Businesses Nearby
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 Office in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Retail space - Decatur, Illinois investment property 100% leased to credit tenants.
Where is this retail space located?
The property is located at 1070 W South Side Dr Decatur, IL.
What is the asking price?
The asking price for this property is $389,000.
What are key features of this property?
This property features: 100% leased with credit‑worthy tenants including Allstate, Edward Jones Financial, and CEFCU ATM, ensuring immediate cash flow.; Built in 2015, indicating modern construction.; High traffic location, approximately 18,000 vehicles per day, offering excellent visibility.
