Warehouse with Fenced Outdoor
New
For Sale
$1,950,000
1902 N Water Street, Decatur, IL 62526
Commercial Sale, Decatur, IL
Property Size33,455 SF
Lot Size3.50 Acres
Price / SF$58.29
Days on Market2
Property Features for 1902 N Water Street
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
COMMR
Directions
US Route 51 North Bound.
Subdivision
Decatur
Standard status
Active
APN
041211101015
Lot size
3.50 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
10011
Utilities
Cooling system
Central Air, Other (Cooling)
Amenities
security cameras
exterior lighting
alarm systems
truck scale
Building Details
Year built
1913
Floors in Building
1
Number of units
4
Listing Agency:
RE/MAX Rising · RE/MAX International
(309) 340-1000
Listed By:
Kimberly Romine · License #475170702
(309) 275-9333
Added: Oct 7
Last Checked: Oct 8 at 5:06AM
MLS# 12760490
Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This industrial property comprises three commercial buildings and a separate residence on 3.5 acres. The principal warehouse has 4 loading docks and 5 overhead doors, while additional structures offer office and shop areas. A 100,000 lb truck scale supports truck-oriented operations, and three separate single-phase electrical meters provide service flexibility. The site also has gated, fenced exterior space for storage and equipment staging, plus 15 security cameras, exterior lighting, and alarm systems in two buildings.
The property fronts Business US Route 51/N. Water St. and is identified as being on the US Route 51 corridor. IDOT traffic counts exceed 12,000 vehicles per day. Reported site work includes concrete in select areas, rolled millings, and interior and exterior renovations. Potential uses noted include warehouse, distribution, storage, contractor, and equipment operations.
The property fronts Business US Route 51/N. Water St. and is identified as being on the US Route 51 corridor. IDOT traffic counts exceed 12,000 vehicles per day. Reported site work includes concrete in select areas, rolled millings, and interior and exterior renovations. Potential uses noted include warehouse, distribution, storage, contractor, and equipment operations.
Key Highlights
- 3.5‑acre industrial property with three commercial buildings and a separate residence
- Main warehouse includes 4 loading docks and 5 overhead doors
- 100,000 lb truck scale on site
Property Analytics
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Current Use
Lease Details
4
Dock-high doors
5
Drive-in doors
Yes
Fenced yard
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
848
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
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
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Market
Vacancy Rate% for Industrial in Midwest region
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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 - Multiple buildings, loading infrastructure, and secured exterior space support a range of industrial operations.
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: 3.5‑acre industrial property with three commercial buildings and a separate residence; Main warehouse includes 4 loading docks and 5 overhead doors; 100,000 lb truck scale on site
