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Three-Parcel Parking Lot

141 N Park Pl, Decatur, IL 62522

For Sale
$45,000

Access is available from both the west side and Park Place.

Property SizeContact for details
Days on Market181

Property Features for 141 N Park Pl

General Information

Standard status Active
Property subtype Land

Property Condition

Severity Repairs Needed
Evidence needs some work

Additional Details

Road Access Yes
Parking Facility Type surface lot
Listing Agency: KELLER WILLIAMS-TREC
Listed By: Doris Mabry
Source: Exprealty
Added: May 13 Changed: Nov 8 Last Checked: Nov 8 at 4:46PM

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 KELLER WILLIAMS-TREC

Rey
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Investment Insights

Based on property information with market context.

This parking lot comprises three parcels at 141 N Park Pl in Decatur, Illinois. The asphalt area is functional and needs some work. Access is available from the west side as well as Park Place.

The grass north of the asphalt on parcel 039 is part of that parcel. The property is currently tax-exempt.

Key Highlights

  • Parking lot spans 3 parcels
  • Access from the west side and Park Place
  • Grass north of the asphalt on parcel 039 belongs to parcel 039

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Parking lots & garages

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Spa & Massage Center Building Supply Hair Salon

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

Lease Details

Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

319
Businesses Nearby
Under-served
Demand for This Use

Demographics for 62522, IL

14,838
Population
7,215
Households
2.1
Avg Household Size
36
Median Age
26%
College-Educated
95%
High-School Grad
23.9 sq mi
ZIP Area
621
Density / Sq Mi
$51,689
Median Household Income
$36,551
Median Earnings
$783
Median Rent
$108,300
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Frequently Asked Questions

What type of property is this?
Parking lot & garage - Access is available from both the west side and Park Place.
Where is this parking lot & garage located?
The property is located at 141 N Park Pl Decatur, IL.
What is the asking price?
The asking price for this property is $45,000.
What are key features of this property?
This property features: Parking lot spans 3 parcels; Access from the west side and Park Place; Grass north of the asphalt on parcel 039 belongs to parcel 039
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