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Warehouse Building
For Sale
$1,950,000

1902 N Water Street, Decatur, IL 62526

A centrally air-conditioned warehouse on North Water Street in Decatur.

Property Size34,000 SF
Days on Market8

Property Features for 1902 N Water Street

General Information

Standard status Active
Size 34,000 SF
Zoning COMMR

Taxes and HOA fees

Annual Taxes $10,011

Amenities

Central Air

Building Details

Building Size 34,000 SF
Year Built 1913
Stories 1
Listing Agency: RE/MAX Rising
Listed By: Kimberly Romine · License #475170702
Source: Evrealestate
Added: Oct 7 Changed: Oct 13 Last Checked: Oct 12 at 7:01PM

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 RE/MAX Rising

Investment Insights

Based on property information with market context.

This warehouse property at 1902 N Water Street in Decatur was built in 1913 and has central air conditioning. The property is zoned COMMR.

The address is on North Water Street, with directions identifying US Route 51 northbound.

Key Highlights

  • Built in 1913
  • Central air conditioning
  • Zoned COMMR

Property Analytics

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Current Use

55 Gallon Drums ... Big Box & Wholesale Store Confidential On Site Paper ... Recycling Center

Suggested Use

Top Pick Real Estate Agency Law Firm Hair Salon Parking Lot & Garage Auto Parts Store Storage Facility

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

848
Businesses Nearby
Under-served
Demand for This Use

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Industrial in Midwest region

4.4% 2019
4.9% 2020
3.6% 2021
3.1% 2022
4.6% 2023
5% 2024
4.9% 2025
Rey
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Similar Off Market Nearby

  • Archer Daniels Midland Co — 2505 N Jasper St, Decatur, IL 62526

Frequently Asked Questions

What type of property is this?
Warehouse - A centrally air-conditioned warehouse on North Water Street in Decatur.
Where is this warehouse located?
The property is located at 1902 N Water Street Decatur, IL.
What is the asking price?
The asking price for this property is $1,950,000.
What are key features of this property?
This property features: Built in 1913; Central air conditioning; Zoned COMMR
More about this property
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