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Decatur Industrial Building For Sale
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765 E Pythian Ave, Decatur, IL 62526

Industrial building in Decatur, IL with three structures.

Property Size22,744 SF
Lot Size2.00 Acres
Price / SF$28.58
Days on Market1023

Property Features for 765 E Pythian Ave

General Information

Standard status Active
Size 22,744 SF
Lot size 2.00 Acres
Property subtype Industrial
Zoning M1- Intense Commercial/Light Industrial

Building Details

Year Built 1966
Listing Agency: Coldwell Banker Commercial Devonshire Realty
Listed By: AJ Thoma III, CCIM, SIOR · License #IL475.135026
Source: Crexi
Added: Nov 13, 2023 Changed: Aug 16 Last Checked: Aug 30 at 8:13PM

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 Coldwell Banker Commercial Devonshire Realty

Investment Insights

Based on property information with market context.

This industrial property for sale is located in Decatur, IL. The property includes a main building, a maintenance shop, and a tool shed. The main building, constructed in 1966, offers 19,000 square feet of space with 18-foot clear heights, three dock doors, and one drive-in door. It also contains a 385-square-foot two-story office, a restroom, and 600 AMP 480V 3-Phase power. The main building formerly served as a plant-based oil refining facility and received a new roof around 2016. The maintenance building provides 3,744 square feet of space with 14-foot 7-inch clear heights, heat, electricity, plumbing (no restroom), and two pass-through drive-in doors. The tool shed is a small 484-square-foot structure. The property is fenced and includes approximately 2 acres of lot/laydown yard. Situated off Martin Luther King Jr Dr. and E. Pythian Ave, just south of Pershing Rd. in North Decatur, the property is in an area with a mix of industrial, residential, and retail uses. Decatur, IL, is centrally located, 40 miles east of Springfield, 45 miles south of Bloomington-Normal, 50 miles southwest of Champaign-Urbana, 135 miles northeast of St. Louis, 150 miles west of Indianapolis, and 180 miles southwest of Chicago. The total property size is 22,744 square feet.

Key Highlights

  • Industrial building featuring three structures: Main Building (19,000 SF), Maintenance Shop (3,744 SF), and Tool Shed (484 SF).
  • Approximately 2 acres of fenced lot/laydown yard.
  • Main building features 18’ clear heights, 3 dock doors, 1 drive‑in door, and 600 AMP 480V 3‑Phase power.

Property Analytics

Current Use

Cargill Texturizing Solutions Industrial Manufacturer

Suggested Use

Top Pick Real Estate Agency Parking Lot & Garage Building Supply Law Firm Grocery & Convenience Store Electrical Service

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

969
Businesses Nearby

Demographics for 62526, IL

31,758
Population
16,425
Households
1.9
Avg Household Size
41
Median Age
20%
College-Educated
92%
High-School Grad
66.0 sq mi
ZIP Area
481
Density / Sq Mi
$48,222
Median Household Income
$39,048
Median Earnings
$785
Median Rent
$91,500
Median Home Value

Market

Vacancy Rate% for Industrial in Midwest region

4.4% 2019
4.9% 2020
3.6% 2021
3.1% 2022
4.6% 2023
5% 2024
4.9% 2025
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Frequently Asked Questions

What type of property is this?
Manufacturing property - Industrial building in Decatur, IL with three structures.
Where is this manufacturing property located?
The property is located at 765 E Pythian Ave Decatur, IL.
What is the asking price?
The asking price for this property is $650,000.
What are key features of this property?
This property features: Industrial building featuring three structures: Main Building (19,000 SF), Maintenance Shop (3,744 SF), and Tool Shed (484 SF).; Approximately 2 acres of fenced lot/laydown yard.; Main building features **18’ clear heights**, 3 dock doors, 1 drive‑in door, and **600 AMP 480V 3‑Phase power**.
(217) 403-3425 Call to check price and availability
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