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    2801 Main St Decatur, IL 62526

    Sponsored
    For Lease
    $15 SF/Yr ($1,625 /Mo)

    1,300 SF Freestanding Building, High Traffic

    Lot size:
    1,300 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This 1,300-square-foot freestanding commercial building, located at 2801 N Main St in Decatur, Illinois, presents a unique opportunity for a single tenant. Built in 1978, the property was originally a Taco Bell and has been converted to retail/office use, with all restaurant equipment removed. The interior currently features two rooms, a file room, kitchenette, and one restroom. A significant advantage is the inclusion of a drive-through window and lane, a rare feature for this type of property. The building is zoned B2-Commercial, allowing for a wide range of commercial uses. Situated just south of Decatur's prime retail shopping district on Main Street, the property benefits from high visibility and significant traffic volume exceeding 42,000 cars daily. This area boasts a mix of national, regional, and local businesses. Decatur's strategic location offers easy access to major metropolitan areas, including St. Louis (123 miles), Chicago (177 miles), Indianapolis (155 miles), Champaign (45 miles), Bloomington (46 miles), and Springfield (44 miles), making it an attractive location for businesses seeking regional reach. The entire 1,300 square feet is currently vacant and ready for immediate occupancy. The property is located in Macon County, Illinois, zip code 62526.

    Property Features for 2801 Main St

    General Information

    Property type
    Individual retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    1,300 SF
    Total Rate
    1625

    Building Details

    Year Built
    1978

    Unit(s) available at that property

    Space
    Size
    1,300 SF
    Rate per SF
    $15

    HighLights

    • 1,300 SF freestanding commercial building at 2801 N Main St, Decatur, IL.
    • High‑traffic location on Main Street, exceeding 42,000 cars daily, near Decatur's prime retail district.
    • Features a rare drive‑through window and lane.
    • Currently vacant and ready for immediate occupancy.
    Property Profile Location Intelligence

    Current Use by Public Records

    Liberty Mutual Car ... Auto Insurance Agency

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Decatur
    County
    Macon
    State
    Illinois
    Longitude
    -88.9568758
    Latitude
    39.8734445

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    FAQs

    What type of property is this?
    Individual retail property - 1,300 SF Freestanding Building, High Traffic
    Where is this individual retail property located?
    The property is located at 2801 Main St Decatur, IL.
    What is the lease rate?
    The lease rate is $15 SF/Yr.
    What are key features of this property?
    This property features: 1,300 SF freestanding commercial building at 2801 N Main St, Decatur, IL.; High-traffic location on Main Street, exceeding 42,000 cars daily, near Decatur's prime retail district.; Features a rare drive-through window and lane.
    Request Owner's contact information
    2801 Main St Decatur, IL 62526
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    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
    2801 Main St Decatur, IL 62526
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