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Commercial Corner Development Land
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Pending

1321 N Oakland Ave, Decatur, IL 62526

B-2 commercial zoning supports a broad range of permitted uses on a centrally positioned parcel.

Property SizeContact for details
Days on Market142

Property Features for 1321 N Oakland Ave

General Information

Standard status Pending
Property subtype Land
Listing Agency: Main Place Real Estate
Listed By: Zane Peterson · License #481.010682
Source: Crexi
Added: Apr 11 Changed: Aug 29 Last Checked: Aug 29 at 3:17PM

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 Main Place Real Estate

Investment Insights

Based on property information with market context.

This commercial land parcel occupies an irregular-shaped corner site at 1321 N Oakland Ave in Decatur, Illinois. The property is zoned B-2 Commercial District, with zoning that supports a wide array of permitted uses. Its configuration and commercial designation support consideration for retail development, including a freestanding drive-through use as identified in the property information.

The site is situated between Illinois Route 48, Grand Avenue, and Oakland Avenue, with reported traffic counts totaling 22,750 VPD according to IDOT. Neighboring retailers include Walgreens, Save-A-Lot, and AutoZone. The parcel is also located near Millikin University, Macarthur High School, and Memorial Hospital.

Key Highlights

  • B‑2 Commercial District zoning with a wide range of permitted uses
  • Irregular‑shaped commercial corner parcel at 1321 N Oakland Ave
  • Traffic counts totaling 22,750 VPD according to IDOT

Property Analytics

Current Use

Commercial land

Suggested Use

Top Pick Real Estate Agency Law Firm Building Supply Dental Office Big Box & Wholesale Store Auto Parts Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

286
Businesses Nearby

Demographics for 62526, IL

31,758
Population
16,425
Households
1.9
Avg Household Size
41
Median Age
20%
College-Educated
92%
High-School Grad
66.0 sq mi
ZIP Area
481
Density / Sq Mi
$48,222
Median Household Income
$39,048
Median Earnings
$785
Median Rent
$91,500
Median Home Value
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Commercial land - B-2 commercial zoning supports a broad range of permitted uses on a centrally positioned parcel.
Where is this commercial land located?
The property is located at 1321 N Oakland Ave Decatur, IL.
What are key features of this property?
This property features: B‑2 Commercial District zoning with a wide range of permitted uses; Irregular‑shaped commercial corner parcel at 1321 N Oakland Ave; Traffic counts totaling 22,750 VPD according to IDOT
(217) 454-8800 Call to check price and availability
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