110-Unit Apartment
For Sale
Contact for pricing
Pending
520 S Church St, Decatur, IL 62522
Apartment community serving a market with manufacturing and logistics employers.
Property Size99,490 SF
Days on Market340
Property Features for 520 S Church St
General Information
Standard status
Pending
Size
99,490 SF
Property subtype
Multifamily
Additional Details
Multifamily Units
110
Building Details
Year Built
1968
Buildings
18
Stories
3
Units
110
Listing Agency:
Marcus & Millichap - Chicago Oak Brook
Listed By:
Steven Weinstock · License #IL 471011175
Source:
Crexi
Added: Sep 25, 2025
Changed: Aug 29
Last Checked: Aug 29 at 7:23PM
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 Marcus & Millichap - Chicago Oak Brook
Investment Insights
Based on property information with market context.
Decatur Flats is a 110-unit apartment community comprising 99,490 square feet at 520 S Church St in Decatur, Illinois. Built in 1968, the property provides an established multifamily platform in a city with a significant manufacturing and logistics employment base.
Decatur’s employer roster includes Archer Daniels Midland, Caterpillar, Mueller, and Primient, while the Midwest Inland Port supports area logistics activity. The Decatur multifamily market recorded 95.7% occupancy and 5.2% annual rent growth through Q1 2025. No new multifamily units were under construction within a five-mile radius, and average in-place rents were below market levels.
Decatur’s employer roster includes Archer Daniels Midland, Caterpillar, Mueller, and Primient, while the Midwest Inland Port supports area logistics activity. The Decatur multifamily market recorded 95.7% occupancy and 5.2% annual rent growth through Q1 2025. No new multifamily units were under construction within a five-mile radius, and average in-place rents were below market levels.
Key Highlights
- 110‑unit multifamily community with 99,490 square feet
- Built in 1968 at 520 S Church St, Decatur, IL 62522
- Decatur multifamily market recorded 95.7% occupancy through Q1 2025
Property Analytics
Current Use
Lease Details
110
Residential units
Location Intelligence
Trade Area within ½ mile
1,199
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 Multifamily in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Apartment community serving a market with manufacturing and logistics employers.
Where is this apartment building located?
The property is located at 520 S Church St Decatur, IL.
What are key features of this property?
This property features: 110‑unit multifamily community with 99,490 square feet; Built in 1968 at 520 S Church St, Decatur, IL 62522; Decatur multifamily market recorded 95.7% occupancy through Q1 2025
