Albany Pl Decatur, IL 62521
- Land
- 18.20 lot acres
Current Use by Public Records
- Land
Property Details for 0 Albany Pl
- Lot size
- 18.20 lot acres
- Property type
- Land
Description
This exceptional 18.2-acre parcel in Decatur, Illinois, presents a unique investment opportunity. The property, zoned R-3, comprises 15 undeveloped duplex lots, ready for immediate development. Approved floor plans for both three-bedroom, two-bathroom and two-bedroom, two-bathroom units are in place, streamlining the construction process. This development is specifically designed for an adult community (55+). Its strategic location offers unparalleled convenience, situated approximately one mile from Lake Decatur and Decatur Airport, and minutes from US 36 (18,600 AADT). The property benefits from proximity to a thriving shopping district, anchored by major retailers such as Walmart and Kroger, along with numerous other amenities including Walgreens, Rural King, medical facilities, movie theaters, and fast-food restaurants. Decatur's location provides easy access to major cities, including Springfield, Bloomington-Normal, Champaign-Urbana, St. Louis, Indianapolis, and Chicago, making it an attractive location for residents and investors alike. The property's APN is 09-13-19-477-049. The asking price for this exceptional land opportunity is $230,000.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Decatur
- County
- Macon
- State
- Illinois
- Longitude
- -88.8986
- Latitude
- 39.8235
