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500 S 27Th St Decatur, IL 62521

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For Sale
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Former Illinois Power HQ with versatile space on 25.8 acres.

Property size:
153,021 SF
Lot size:
25.80 Acres

Property Features for 500 S 27Th St

General Information

Standard status
Active
Size
153,021 SF
Lot size
25.80 Acres

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Listing Contact
Austin Deaton
Austin Deaton
Source: Crexi

Listing Agency: Brinkoetter Realtors Listing Agent: Austin Deaton

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

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Overview

Versatile Lakefront Headquarters Building

This property, formerly the Illinois Power Headquarters, is situated on 25.8 acres overlooking Lake Decatur. The building offers approximately 153,000 square feet of versatile space. Most recently, it served as a modern ministry and education campus. The multi-wing design integrates office infrastructure with commons areas, classrooms, hospitality spaces, and open multi-purpose rooms. Features include a glass-wrapped main lobby, a large café and gathering hall, and a commercial-grade kitchen. Numerous classrooms create an environment suitable for various potential uses. The property includes expansive parking and two out-buildings. Perimeter fencing encloses key portions of the grounds, and multiple entrances serve the parking areas. The buildings have a dumb waiter, a passenger elevator, and a service elevator. The out-buildings feature a total of 7 overhead doors and 2 sliding doors, along with 26 covered carports, making them suitable for fleet management. The property offers capacity and flexibility for expansion or redevelopment in a lake-adjacent, in-town setting.
Location Intelligence

Current Use by Public Records

GT Church Church Glad Tidings Assembly ... Church Tina Stephens Photographic ... Photography Service

Suggested Use

Restaurant Real Estate Agency Law Firm Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon Hotel & Motel

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

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  • Local Demand
City
Decatur
County
Macon
State
Illinois
Longitude
-88.9130321
Latitude
39.8391571

FAQs

What type of property is this?
Mixed-use property - Former Illinois Power HQ with versatile space on 25.8 acres.
Where is this mixed-use property located?
The property is located at 500 S 27Th St Decatur, IL.
What are key features of this property?
This property features: - 25.8 acres overlooking Lake Decatur, offering a rare lake-adjacent in-town setting.; - Approximately 153,000 square feet of highly versatile space suitable for various uses.; - Multi-wing design combining office infrastructure with commons, classrooms, hospitality areas, and multi-purpose rooms.
More about this property
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