Historic City Hall Office
240 South Water Street, Decatur, IL 62523
For Lease
Contact for pricing
Downtown offices offer convenient access and parking, with dining options a short walk away.
Space Size3,900 SF
Days on Market43
Property Features for 240 South Water Street
General Information
Standard status
Size
Property subtype
Additional Details
Space Use
Spaces For Lease
at 240 South Water Street
#1
Active
Size
3,900 SF
Listing Agency:
Main Place Real Estate
Listed By:
Zane Peterson · License #471020044
(217) 454-8800
Source:
Crexi
Added: Sep 28
Changed: Nov 8
Last Checked: Nov 8 at 3:17PM
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
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Office units are available in the historic Olde City Hall at 240 South Water Street in Decatur. The downtown property offers convenient access and parking for daily visits. Dining options are within a short walk, adding nearby choices for breaks or meetings.
Key Highlights
- Office units in historic Olde City Hall
- Located at 240 South Water Street in downtown Decatur
- Parking and convenient access
Property Analytics
Current Use
Lease Details
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
1,367
Businesses Nearby
Explore this area
Business Placement
Demographics for 62523, IL
886
Population
364
Households
2.4
Avg Household Size
40
Median Age
5%
College-Educated
68%
High-School Grad
0.4 sq mi
ZIP Area
2,215
Density / Sq Mi
$333
Median Rent
Market
Lease Benchmarks for Decatur, IL
$14.13 /SF/Yr
Avg Asking Price
$13.3–$16 /SF/Yr
Price Range
3,435 SF
Avg Space Size
Properties on Market for Office Units in Decatur
Vacancy Rate% for Office in Midwest region
Frequently Asked Questions
What type of property is this?
Office unit - Downtown offices offer convenient access and parking, with dining options a short walk away.
Where is this office unit located?
The property is located at 240 South Water Street Decatur, IL.
What are key features of this property?
This property features: Office units in historic Olde City Hall; Located at 240 South Water Street in downtown Decatur; Parking and convenient access
