Property summary
This exceptional mixed-use property in Decatur, Illinois presents a significant value-add investment opportunity. Located at 2882 N Dinneen St, this 8.19-acre site boasts a 15,000 square foot, two-story building with a versatile layout suitable for various commercial uses. Currently vacant, the property offers three units within a single building, providing flexibility for diverse tenants or a single large-scale operation. The zoning is commercial, allowing for a wide range of possibilities, including bar, religious/church, or sports/entertainment uses. The building features approximately 12-15,000 square feet of space with 12-foot ceilings and ample parking for 400 vehicles. Its location off a busy road provides excellent visibility and accessibility. The property's size and features make it ideal for a variety of businesses seeking a prominent presence in a thriving community. The asking price is $790,000. The property includes a full-service bar and is well-suited for events such as weddings. This is a rare opportunity to acquire a substantial mixed-use property with significant potential for growth and return on investment. The property's features include a large banquet room and ample entertainment space. The property is classified as Class C and is currently vacant. The APN is 04-12-01-126-010.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
Registration is required before any owner information is shown.
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Ownership
- Location Insight
- Alternative use
- Local Zoning Insight
Cancel anytime.
- 30 reports a month
- Location Analytics
- Market Trends
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Ownership
- Location Insight
- Alternative use
- Local Zoning Insight
Cancel anytime.
- 300 reports a month
- Location Analytics
- Market Trends
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Ownership
- Location Insight
- Alternative use
- Local Zoning Insight
and get 1 Light Report
- Property Information
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Potential
- Location Insight
- Alternative use
- Local Zoning Insight