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    365 Ash Ave Decatur, IL 62526

    • Commercial real estate
    • 30,575 SF
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US28-4452967
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Commercial real estate

    Property Details for 365 Ash Ave

    Property size
    30,575 SF
    Property type
    Commercial real estate

    Description

    This exceptional Class A office space, totaling 1,029 square feet, is part of a three-building complex located at 365 E Ash Ave in Decatur, Illinois. The complex, encompassing 30,575 square feet, features a mix of executive and traditional office spaces. This specific suite is situated within the 11,490 square foot building at 419 E. Ash Ave, constructed in 1997 and extensively remodeled. The space boasts a well-designed layout including a lobby/reception area, three private offices, and a shared breakroom and restrooms. The building is currently home to established businesses such as Lighthouse Autism Center, Tharaldson Hospitality Management, and Great Lakes Psychology, ensuring a vibrant and professional environment. The property benefits from a highly visible location on Ash Ave, boasting excellent traffic counts (Ash Ave: 11,900 VPD

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Decatur
    County
    Macon
    State
    Illinois
    Longitude
    -88.9526831
    Latitude
    39.8981114

    Comparable in this City

    • $15 SF/Yr
      1,300 SF

      Decatur Office/Retail Space

      1,300 SF Freestanding Building, High Traffic
      2801 Main St, Decatur, IL 62526
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    • $16 SF/Yr
      1,410 SF

      Decatur Office Space: Prime Location

      1,410 SF Medical/Office Suite Available
      339 Ash Ave, Decatur, IL 62526
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    • $13 SF/Yr
      2,627 SF

      Versatile Office Space Available

      Former pediatrician's office with multiple private offices and reception area.
      2980 N Main St, Decatur, IL 62526
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    • $60 SF/Yr
      2,670 SF

      Prime Morgan Street Office Building

      Spacious single-tenant office, ideal location.
      2602 Morgan St, Decatur, IL 62526
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    • $5,000 /Mo
      3,609 SF

      Northtown Center Ground Level Space

      Highly visible ground level space suitable for office or retail.
      333 E Pershing Rd, Decatur, IL 62526
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    • New
      Contact for pricing
      72,745 SF

      Decatur Retail/Office/Medical Space Available

      Multi-tenant strip center with renovation options and ample parking.
      2950 N Water St, Decatur, IL 62526
      View Details

    Similar Nearby for Sale

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      Decatur IL Mixed-Use Property

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      11,469 SF Office Investment Property For Sale

      11,469 SF Office Investment Property For Sale
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    • $489,000
      4,996 SF

      Fully Leased Office Investment Property

      Fully leased office building with high visibility and future development potential.
      1110 Arbor Dr, Decatur, IL 62526
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    • $250,000
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      Decatur Office Building For Sale

      2,400 SF office building with high-traffic location.
      3030 N Woodford St, Decatur, IL 62526
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    • $200,000
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      Two-Story Brick Building For Sale

      Two-story brick building in high traffic location for sale.
      3130 N Woodford St, Decatur, IL 62526
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    Similar Nearby for Lease

    • $300 /Mo
      950 SF

      Hickory Point Professional Office Suites

      Private office suites available in Forsyth/Decatur area, various sizes.
      5130 Hickory Point Frontage Rd, Decatur, IL 62526
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    • $24 SF/Yr
      6,172 SF

      Premium Office/Medical Space Available

      Class A property suitable for medical or general office use.
      1192 E Pershing Rd, Decatur, IL 62526
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    • $10 SF/Yr
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      Prime Decatur office space, 6300 sq ft, ample parking.
      1690 Huston Dr, Decatur, IL 62526
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    • $800 /Mo
      800 SF

      Decatur Office Space Available

      800 SF office space for rent in Decatur, IL.
      2590 E Federal Dr, Decatur, IL 62526
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    • $2,500 /Mo
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      Decatur Office Space For Rent

      Office space available for lease in Decatur, Illinois.
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    • $725 /Mo
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      Office & Retail Space Available

      Mixed-use property with office and retail suites for lease.
      2490 N Water St, Decatur, IL 62526
      View Details
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    365 Ash Ave
    Decatur, IL 62526
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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