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Industrial Warehouse in Decatur, Illinois
For Sale
$825,000

2881 E Parkway Dr, Decatur, IL 62526

33,000 SF industrial warehouse on 2.84 acres for sale.

Property Size33,000 SF
Lot Size1.26 Acres
Price / SF$25
Days on Market638

Property Features for 2881 E Parkway Dr

General Information

Standard status Active
Size 33,000 SF
Lot size 1.26 Acres
Listing Agency: Main Place Real Estate
Listed By: Zane Peterson · License #481010682
Source: Exprealty
Added: Oct 31, 2024 Changed: Jul 6 Last Checked: Jul 30 at 12:33PM

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.

This industrial warehouse property is available for immediate acquisition and is situated on a double parcel lot totaling 2.84 acres in the Northeast Business & Industrial Complex. Located in the heart of the industrial corridor of Decatur, Illinois, it is in close proximity to the area's top industrial campuses and only 3 miles to I-72 access. The building totals approximately 33,000 square feet, including approximately 3,000 square feet of finished office space. The lot is partially fenced and features dock doors and drive-in doors. Ceiling height clearance ranges from 11 to 18 feet. Overhead warehouse heaters and a dry sprinkler system enhance the functionality and security of the space. Ample power is available, including 3-phase and 800-amp capacity. This versatile industrial property is equipped to support a wide range of operational needs and can be used for manufacturing, distribution, or logistics, providing the flexibility and infrastructure needed to thrive in today's competitive market.

Key Highlights

  • Strategic location in Decatur's industrial corridor, only 3 miles from I‑72.
  • Approximately 33,000 sq ft industrial building with 3,000 sq ft of finished office space.
  • Ample power supply with 3‑phase power and 800‑amp capacity.

Property Analytics

Current Use

Columbia Pipe & Supply ... Factory

Suggested Use

Top Pick Real Estate Agency Restaurant Parking Lot & Garage Furniture & Home Goods Grocery & Convenience Store Plumbing Service

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

142
Businesses Nearby
Well-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

Market

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
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Similar Off Market Nearby

  • ADM Intermodal Ramp — 3095 E Parkway Dr, Decatur, IL 62526
  • Lineage — 3030 E Parkway Dr, Decatur, IL 62526

Frequently Asked Questions

What type of property is this?
Warehouse - 33,000 SF industrial warehouse on 2.84 acres for sale.
Where is this warehouse located?
The property is located at 2881 E Parkway Dr Decatur, IL.
What is the asking price?
The asking price for this property is $825,000.
What are key features of this property?
This property features: Strategic location in Decatur's industrial corridor, only 3 miles from I‑72.; Approximately 33,000 sq ft industrial building with 3,000 sq ft of finished office space.; Ample power supply with 3‑phase power and 800‑amp capacity.
More about this property
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