Medical Premises

Decatur, IL Medical Office Space for Sale

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Medical Office Building For Sale
Updated: Oct 4, 2024
Medical Office Building For Sale

675 E Snyder Dr, Decatur, IL 62526

$559,000
3,224 sqft 0.35 AC lot
Custom‑built commercial office building designed for a medical business, ideal for medical professionals.
Centrally located in a north business district, close to restaurants and Decatur Hospitals.
Two separate office spaces (3224 sqft front & 1240 sqft rear) with private entrances and HVAC systems, offering flexibility for owner occupancy and rental income.
Front office space is currently configured for an OB‑GYN practice with 6 patient rooms, offices, waiting room, nurses station, bathrooms and conference room.
Potential for immediate rental income from the vacant rear office space, featuring 3 patient rooms, reception, bathroom, and kitchen.
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Medical Office and Office Building
Updated: Jul 13
Medical Office and Office Building

1501 N Water St, Decatur, IL 62526

$250,000
Building constructed in 1978 with roof replaced in 2025 and HVAC systems updated in 2026
Flexible medical/office layout with five private offices, four exam rooms, multiple open rooms, and a large open area
Partial basement is about 1,421 SF with 8' clear height
Three separate entrances and possible subdivision if desired
Includes a large kitchen area, storage room, three separate lobby/reception areas, and six separate restrooms
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See hot listings in Decatur

Scored against comparables nationwide. These are worth a look.

Scored against comparables nationwide. These are worth a look.

Cap Rate available after sign in
Est. NOI available after sign in
Local Demand available after sign in
Based on your search, we've compiled 45 Potential Opportunities for your consideration. Besides 2 Active listings in Decatur, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 39 Off-Market properties to explore as potential leads

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Medical Office with Exam Rooms
Medical Office with Exam Rooms

2828 S MACARTHUR Boulevard, Springfield, IL 62704

$189,900
0.26 AC lot

B-3 zoning and movable partitions allow for adaptable office layouts.

View details
Renovated Medical Center
Renovated Medical Center

1325 KOESTER DR, Forsyth, IL 62535

Contact for pricing
4,856 sqft 0.46 AC lot

Net-leased urgent care facility with recent improvements and a long-term lease structure.

View details
Medical Office Building with Available Suites
Medical Office Building with Available Suites

2524 FARRAGUT Drive, Springfield, IL 62704

$1,200,000
1.00 AC lot

Partially leased office property with medical suites and basement storage.

View details
Medical Office Space For Sale
Medical Office Space For Sale

845 S Route 51, Forsyth, IL 62535

$1,499,000
7,200 sqft 1.28 AC lot

7200 SF medical office on 1.28 acres, Forsyth, Illinois.

View details

Off-Market Properties in Decatur, IL

Consider similar Off-Market properties in Decatur, IL. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

637 Snyder Dr
MEDICAL BUILDING

637 Snyder Dr, Decatur, IL 62526-4766

Estimated value:
$340,000
0.68 AC lot
View details
136 Dipper Ln
MEDICAL BUILDING

136 Dipper Ln, Decatur, IL 62522-1841

Estimated value:
$345,000
1.00 AC lot
View details
2499 Monroe St
MEDICAL BUILDING

2499 Monroe St, Decatur, IL 62526-3941

Estimated value:
$110,000
0.08 AC lot
View details
469 Wood St
DENTAL BUILDING

469 Wood St, Decatur, IL 62522-3109

Estimated value:
$50,000
0.13 AC lot
View details
2975 Water St
MEDICAL BUILDING

2975 Water St, Decatur, IL 62526-4235

Estimated value:
$290,000
0.52 AC lot
View details
280 Wn St
DENTAL BUILDING

280 Wn St, Decatur, IL 62522-2222

Estimated value:
$245,000
0.11 AC lot
View details
334 Main St
DENTAL BUILDING

334 Main St, Decatur, IL 62522-2405

Estimated value:
$280,000
0.55 AC lot
View details
741 Pershing Rd
MEDICAL BUILDING

741 Pershing Rd, Decatur, IL 62526-1634

Estimated value:
$240,000
0.32 AC lot
View details
1090 Mckinley Ave
MEDICAL BUILDING

1090 Mckinley Ave, Decatur, IL 62526-3208

Estimated value:
$3,350,000
1.48 AC lot
View details
544 Pershing Rd
MEDICAL BUILDING

544 Pershing Rd, Decatur, IL 62526-3226

Estimated value:
$6,430,000
1.85 AC lot
View details
4965 Lost Brg Rd
MEDICAL BUILDING

4965 Lost Brg Rd, Decatur, IL 62521-5139

Estimated value:
$4,645,000
3.47 AC lot
View details
3350 Water St Ste A
MEDICAL BUILDING

3350 Water St Ste A, Decatur, IL 62526-2476

Estimated value:
$670,000
View details
1170 Riverside Ave
DENTAL BUILDING

1170 Riverside Ave, Decatur, IL 62521-3566

Estimated value:
$250,000
0.19 AC lot
View details
646 Pershing Rd
MEDICAL BUILDING

646 Pershing Rd, Decatur, IL 62526-1633

Estimated value:
$385,000
1.09 AC lot
View details
675 Snyder Dr
MEDICAL BUILDING

675 Snyder Dr, Decatur, IL 62526-4701

Estimated value:
$325,000
0.35 AC lot
View details
441 Hay St
MEDICAL BUILDING

441 Hay St, Decatur, IL 62526-6324

Estimated value:
$330,000
0.77 AC lot
View details
2981 Main St
MEDICAL BUILDING

2981 Main St, Decatur, IL 62526-3259

Estimated value:
$330,000
1.27 AC lot
View details
2101 Main St
MEDICAL BUILDING

2101 Main St, Decatur, IL 62526-4375

Estimated value:
$320,000
0.44 AC lot
View details
330 Wyckles Rd
MEDICAL BUILDING

330 Wyckles Rd, Decatur, IL 62522-1034

Estimated value:
$305,000
1.03 AC lot
View details
2495 Water St
DENTAL BUILDING

2495 Water St, Decatur, IL 62526-4247

Estimated value:
$245,000
0.28 AC lot
View details

Decatur, IL Medical Office Space Market Trends and Statistics

Explore 41 medical office space for sale in Decatur, IL on our real estate platform. These investment opportunities span a total of 3,224 square feet of properties for sale, with an estimated market value of $809,000.

Sale prices for medical spaces in Decatur, IL start at $250,000, averaging $404,500, and reaching up to $559,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Office Units 20
Office buildings 11
Medical Office Space 5
Coworking space 1

Demographics Overview

Population 79K
Population Growth (5Y) -14.5%
Median Household Income $56,571
College Educated 16.3%

High-Yield Neighborhoods for Investment

Identify Decatur submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
62526 $404.5K

Taxes & Financing

Average Loan-to-Value 65.0%

Property Size Breakdown

The majority of commercial real estate listings in Decatur fall within the 5,000 to 10,000 square foot range.

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