Mixed-Use Property with
For Sale
Contact for pricing
334 W Main St, Decatur, IL 62522
Renovated apartments accompany vacant retail and office space in a walkable downtown setting.
Property Size14,500 SF
Lot Size0.55 Acres
Price / SF$55.17
Days on Market311
Property Features for 334 W Main St
General Information
Standard status
Active
Size
14,500 SF
Total Parking Spaces
32
Lot size
0.55 Acres
Property subtype
MULTIFAMILY
Financials
Gross Income
$105,600
Average Monthly Rent
$1,100
Site & Location
Road Access
Yes
Public Transit
Yes
Utilities to Site
Yes
Additional Details
Multifamily Units
8
Amenities
handicap accessibility
security systems
Building Details
Tenancy
Multi
Listing Agency:
BARBERMurphy
(618) 277-4400
Listed By:
Carter Marteeny · License #475209285
(618) 304-3917
Source:
Moodyscre
Added: Oct 24, 2025
Changed: Aug 29
Last Checked: Aug 29 at 10:05PM
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 BARBERMurphy
Investment Insights
Based on property information with market context.
This mixed-use property combines eight renovated apartments with substantial commercial space on a 0.55-acre downtown lot. The residential units include granite countertops, luxury vinyl plank flooring, and stainless steel appliances. Building improvements include a roof replaced 10 years ago, two newer HVAC units, updated second-floor electrical and plumbing, security systems, and handicap accessibility.
The commercial portion provides 7,800 square feet of main-level retail and office space, plus 6,000 square feet of basement area that was previously configured for laboratory use. The property includes 32 parking spaces and utility capacity suitable for various commercial applications. Positioned on West Main Street in downtown Decatur, the property is near Millikin University, public transit routes, and major roadway connections within the city’s primary commercial corridor.
The commercial portion provides 7,800 square feet of main-level retail and office space, plus 6,000 square feet of basement area that was previously configured for laboratory use. The property includes 32 parking spaces and utility capacity suitable for various commercial applications. Positioned on West Main Street in downtown Decatur, the property is near Millikin University, public transit routes, and major roadway connections within the city’s primary commercial corridor.
Key Highlights
- Eight fully renovated apartment units
- 7,800 SF of main‑level retail and office space
- Additional 6,000 SF basement area previously configured for laboratory use
Property Analytics
Property Profile
Current Use
Lease Details
8
Residential units
Multi-tenant
Tenancy
Yes
Paved road access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
1,347
Businesses Nearby
Explore this area
Business Placement
Demographics for 62522, IL
14,838
Population
7,215
Households
2.1
Avg Household Size
36
Median Age
26%
College-Educated
95%
High-School Grad
23.9 sq mi
ZIP Area
621
Density / Sq Mi
$51,689
Median Household Income
$36,551
Median Earnings
$783
Median Rent
$108,300
Median Home Value
Market
Vacancy Rate% for Office in Midwest region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Mixed-use property - Renovated apartments accompany vacant retail and office space in a walkable downtown setting.
Where is this mixed-use property located?
The property is located at 334 W Main St Decatur, IL.
What is the asking price?
The asking price for this property is $800,000.
What are key features of this property?
This property features: Eight fully renovated apartment units; 7,800 SF of main‑level retail and office space; Additional 6,000 SF basement area previously configured for laboratory use
