Medical Office Building For
For Sale
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2220 N Monroe St, Decatur, IL 62526
12,898 SF medical office building near Decatur Memorial Hospital.
Property Size12,898 SF
Lot Size0.24 Acres
Price / SF$19.38
Days on Market167
Property Features for 2220 N Monroe St
General Information
Standard status
Active
Size
12,898 SF
Lot size
0.24 Acres
Property subtype
Office
Building Details
Year Built
1970
Listing Agency:
Main Place Real Estate
(217) 454-8800
Listed By:
Zane Peterson · License #471020044
Source:
Crexi
Added: Mar 6
Changed: Aug 15
Last Checked: Aug 20 at 12:42PM
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.
The property at 2220 N Monroe Street is a 12,898-square-foot Class C medical office building, constructed in 1970. It is situated on a 0.24-acre lot. The building is located near Decatur Memorial Hospital and Monroe Park, approximately five minutes from Downtown, with various housing options available. The property offers a value-add opportunity, with one tenant currently in place. It features significant roadway exposure within a healthcare market.
Key Highlights
- Located at the doorstep of Decatur Memorial Hospital
- Value‑add opportunity with only one tenant in place
- Incredible roadway exposure in a prolific healthcare market
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
997
Businesses Nearby
Well-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
Market
Vacancy Rate% for Office in Midwest region
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Frequently Asked Questions
What type of property is this?
Medical Office Space - 12,898 SF medical office building near Decatur Memorial Hospital.
Where is this medical office space located?
The property is located at 2220 N Monroe St Decatur, IL.
What is the asking price?
The asking price for this property is $250,000.
What are key features of this property?
This property features: Located at the doorstep of Decatur Memorial Hospital; Value‑add opportunity with only one tenant in place; Incredible roadway exposure in a prolific healthcare market
