4405 Us-36 Decatur, IL 62521
This exceptional turnkey restaurant opportunity is located in Decatur, Illinois, at 4405 US-36, on a 1.85-acre lot (APN: 09-13-20-452-009). The 5,000-square-foot, single-story building (Class B) boasts high visibility on a major thoroughfare with over 22,000 vehicles passing daily. Previously occupied by Ruby Tuesday and then Dog Haus, the property is fully equipped and ready for immediate operation. Renovated in 2016, it offers a unique atmosphere and significant potential in a market with high demand. The property's strategic location benefits from proximity to Airport Plaza (Walmart, other retailers), and numerous new developments including Starbucks, Take 5 Oil Change, and 7 Brew Coffee. It's also conveniently located near Mt. Zion and enjoys easy access to Springfield and Champaign. Decatur's strong economy, anchored by Archer Daniels Midland, Tate & Lyle, and Caterpillar, provides a robust customer base. Surrounding businesses include Fresenius Medical Care, Kroger, Walgreens, Dollar Tree, and various fast-food chains. The Decatur Airport offers convenient access to Chicago and St. Louis. This is a value-add investment opportunity priced at $1,999,000 ($399.80/sq ft). The permitted zoning is Commercial.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
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