2800 Oakland AveDecatur, IL 62526

For Sale
$279,900

6-Building Multi-Tenant Complex

Overview

Added:
Dec 11, 2024
Days on market:
94
This Decatur, IL, industrial property offers a unique investment opportunity. Comprising six buildings totaling 12,976 net rentable square feet on a 2.16-acre lot, this Class D property features a mix of warehouse, flex, and distribution space. The main building, exceeding 2,700 square feet, includes two offices, one bathroom (with plumbing for two more), a utility room, and several additional rooms. Eleven storage units are integrated within this building. A 3,000-square-foot garage addition boasts two overhead swing doors, electricity, a furnace, and 10-foot ceilings. Another building, measuring 1,500 square feet, offers 10-12 foot overhead powered doors, 100-amp service, and 12-foot ceilings. Four additional buildings provide further storage space, ranging from 900 to 1,776 square feet, totaling 5,776 square feet. The property also includes over 20 parking spaces and a fenced area encompassing 1.75 acres. Built in 1930, this multi-tenant property currently houses 60 units, with a ceiling height ranging from 10 to 14 feet. The asking price is $279,900 ($21.57/sq ft, $4,665/unit). The property has a modified lease type and is offered for sale by owner

Highlights

  • Decatur, IL industrial property; 12,976 net rentable sq ft on 2.16 acres.
  • Six buildings, mix of warehouse, flex, & distribution space; Class D.
  • Main building: 2,700+ sq ft, 2 offices, 1 bath (plumbing for 2 more), utility room, 11 storage units.
  • 3,000 sq ft garage addition; 2 overhead doors, electricity, furnace, 10' ceilings.
  • Additional building: 1,500 sq ft, powered overhead doors, 12' ceilings, 100-amp service.
  • Four more buildings offer 5,776 sq ft of storage; 20+ parking spaces; 1.75-acre fenced area.

Property Details for 2800 Oakland Ave

Property type
Other warehouses, Other industrial properties
Square Feet
12,976 SF
Class
D
Year Built
1930
Buildings
6
Stories
1
Lot Size (sq. ft)
94,090 SF
Units
60

Location Insight

City
Decatur
County
Macon
State
Illinois
Latitude
39.872886108267
Longitude
-88.97307209311
2800 Oakland Ave, Decatur, Illinois
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2800 Oakland Ave
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