Flex Space with
For Sale
$230,000
Pending
519-529 E William Street, Decatur, IL 62523
Two mid-century buildings operate as one facility with warehouse, fabrication, storage, and service-use flexibility.
Property SizeContact for details
Days on Market125
Property Features for 519-529 E William Street
General Information
Standard status
Pending
Total Parking Spaces
5
Property subtype
Commercial
Zoning
M-1
Additional Details
Three-Phase Power
Yes
Taxes and HOA fees
Annual Taxes
$3,132
Building Details
Year Built
1964
Buildings
2
Stories
2
Listing Agency:
Main Place Real Estate
(217) 422-3335
Listed By:
Zane Peterson · License #471020044
Source:
Shelbyrealty
Added: Apr 9
Changed: Aug 5
Last Checked: Aug 10 at 12:20PM
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 flex property comprises two mid-century buildings that function as a single facility. The improvements include 10' drive-in overhead doors, warehouse heaters, one electric meter, and 3-phase electrical service. The property is zoned M-1 and is being offered in its AS-IS, WHERE-IS condition.
The 519 building adds a second-level loft with newer HVAC and a full bathroom. That area can support office, studio, or other ancillary space needs, subject to applicable requirements. Built in 1964, the property provides a combination of industrial infrastructure and adaptable interior space for an owner-user or investor.
The 519 building adds a second-level loft with newer HVAC and a full bathroom. That area can support office, studio, or other ancillary space needs, subject to applicable requirements. Built in 1964, the property provides a combination of industrial infrastructure and adaptable interior space for an owner-user or investor.
Key Highlights
- Two mid‑century buildings operating as one facility
- 10' drive‑in overhead doors and warehouse heaters
- 3‑phase electrical service with one meter
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,445
Businesses Nearby
Under-served
Demand for This Use
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
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?
Flex space - Two mid-century buildings operate as one facility with warehouse, fabrication, storage, and service-use flexibility.
Where is this flex space located?
The property is located at 519-529 E William Street Decatur, IL.
What is the asking price?
The asking price for this property is $230,000.
What are key features of this property?
This property features: Two mid‑century buildings operating as one facility; 10' drive‑in overhead doors and warehouse heaters; 3‑phase electrical service with one meter
