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402 E Prairie Avenue, Decatur, IL 62523

Office accommodation with street and lot parking near civic, transit, and central business destinations.

Property SizeContact for details
Days on Market144

Property Features for 402 E Prairie Avenue

General Information

Standard status Active
Property subtype Retail, Office
Listing Agency: Vieweg Real Estate
Listed By: Tim Vieweg · License #IL 471.018186
Source: Crexi
Added: Apr 11 Changed: Aug 31 Last Checked: Aug 30 at 12:45AM

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 Vieweg Real Estate

Investment Insights

Based on property information with market context.

This office property at 402 E Prairie Avenue includes suites that periodically become available for lease, with configurations ranging from a few hundred square feet to several thousand square feet. The space is suited to office and professional business use, with flexibility across different suite sizes.

Parking is available both on the street and in nearby lots. The property is near the Decatur Public Library, Bus Depot, Central Park, Post Office, and Central Business District, placing office users close to civic, transit, and downtown destinations.

Key Highlights

  • Office suites range from a few hundred square feet to several thousand square feet
  • Street and lot parking available in the immediate area
  • Near the Decatur Public Library and Bus Depot

Property Analytics

Current Use

Tech Niques Salon Hair Salon

Suggested Use

Top Pick Storage Facility Bakery Garden Center Locksmith Skin Care Clinic Computer & Electronic Repair

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

1,379
Businesses Nearby

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

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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Frequently Asked Questions

What type of property is this?
Office units - Office accommodation with street and lot parking near civic, transit, and central business destinations.
Where is this office units located?
The property is located at 402 E Prairie Avenue Decatur, IL.
What are key features of this property?
This property features: Office suites range from a few hundred square feet to several thousand square feet; Street and lot parking available in the immediate area; Near the Decatur Public Library and Bus Depot
(217) 454-4037 Call to check price and availability
More about this property
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