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Build-Ready Residential Lot
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1329 North Walnut Grove Avenue, Decatur, IL 62526

Flat, build-ready lot in a developed area near Fairview Park and minutes from Millikin University.

Property Size5,978 SF
Price / SF$0.75
Days on Market194

Property Features for 1329 North Walnut Grove Avenue

General Information

Standard status Active
Size 5,978 SF
Property subtype Land
Zoning RES

Taxes and HOA fees

Annual Taxes $42
Listing Agency: Brinkoetter REALTORS
Listed By: Sandra Yelovich · License #475180564
Source: Compass
Added: Jan 29 Changed: Aug 8 Last Checked: Jul 20 at 10:13PM

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 Brinkoetter REALTORS

Investment Insights

Based on property information with market context.

This build-ready residential lot is flat and ready for development, offering a straightforward option for investors looking for a low-entry land position. The parcel is described as an investment opportunity with potential for rental use based on its established residential surroundings.

Located at 1329 North Walnut Grove Avenue in Decatur, Illinois, the property is positioned near Fairview Park and is presented as being minutes from Millikin University. The listing also notes convenient access to shopping, dining, and everyday amenities in the surrounding area.

As a residential land & home lot, the site’s core value is its build-ready condition and practical fit within an area characterized by established homes.

Key Highlights

  • Flat, build‑ready lot in a developed area
  • Minutes from Millikin University
  • Near Fairview Park, in a neighborhood with established homes

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick Law Firm Real Estate Agency Parking Lot & Garage Kitchen & Bath Showroom Barber Shop Computer & Electronic Repair

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

744
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?
Residential land & home lot - Flat, build-ready lot in a developed area near Fairview Park and minutes from Millikin University.
Where is this residential land & home lot located?
The property is located at 1329 North Walnut Grove Avenue Decatur, IL.
What is the asking price?
The asking price for this property is Off market.
What are key features of this property?
This property features: Flat, build‑ready lot in a developed area; Minutes from Millikin University; Near Fairview Park, in a neighborhood with established homes
More about this property
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