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    1218 20Th St Decatur, IL 62521

    Sponsored
    For Sale
    $149,000

    1,800 SF Flex Space, Great Investment

    Property size:
    1,800 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This Decatur, Illinois, industrial property, located at 1218 N 20th St, offers a unique investment opportunity. Priced at $149,000, this 1,800 square foot, Class B building sits on a 6,200 square foot lot (APN 12-12-329-006). Built in 1959, the single-story structure features one 12-foot high ceiling and a single overhead drive-in door, ideal for automotive use. The interior includes ample space for working on multiple vehicles simultaneously, complemented by a small office/kitchenette area and a full bathroom. The sale includes all existing tools, such as a motor lift, pallet jack, car dolly, and compressor. This owner-user investment is perfect for expanding a small business or establishing a hobby garage. The property is client-owned and zoned as mixed-use, offering flexibility for various commercial applications. This is a rare opportunity to acquire a well-equipped, ready-to-use commercial space in a desirable location. The property's convenient location in Macon County, Illinois, provides easy access to major transportation routes and local amenities. The single-unit building presents a straightforward and manageable investment. Don't miss this chance to own a versatile commercial property in a thriving community.

    Property Features for 1218 20Th St

    General Information

    Property type
    Flex space
    Square Feet
    1,800 SF
    Class
    B

    Building Details

    Year Built
    1959
    Buildings
    1
    Stories
    1
    Units
    1

    HighLights

    • Commercial auto body shop for sale.
    • Excellent opportunity for business expansion or personal use.
    • Features one overhead drive‑in door.
    • Spacious garage accommodating multiple vehicles.
    • Includes a small office/kitchenette and full bath.
    • All equipment included: motor lift, car dolly, and air compressor.
    Property Profile Location Intelligence

    Current Use by Public Records

    Flex space

    Suggested Use

    Restaurant Realty agency Law Firm Spa & Massage Building Supply Dental Office Wholesale Shop Hair Salon Auto Repair Shop 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
    -88.9283707
    Latitude
    39.8547865

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    FAQs

    What type of property is this?
    Flex space - 1,800 SF Flex Space, Great Investment
    Where is this flex space located?
    The property is located at 1218 20Th St Decatur, IL.
    What is the asking price?
    The asking price for this property is $149,000.
    What are key features of this property?
    This property features: Commercial auto body shop for sale.; Excellent opportunity for business expansion or personal use.; Features one overhead drive-in door.
    Request Owner's contact information
    1218 20Th St Decatur, IL 62521
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    Decatur, IL 62521
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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
    1218 20Th St Decatur, IL 62521
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