0 Main St Decatur, IL 62522
Exceptional 23.22-acre development opportunity in Harristown, IL, situated within the town's Tax Increment Financing (TIF) District. This versatile parcel boasts excellent road frontage along Harristown Boulevard and West Main Street, offering significant exposure and accessibility. The property's zoning (MUN) permits a variety of uses, including agricultural, commercial, and residential development, making it ideal for a wide range of projects. The seller is open to dividing the land to accommodate specific buyer needs, providing flexibility for various development scenarios. Located near Old Route 36, this strategically positioned land presents an unparalleled chance to capitalize on the benefits of the TIF district while enjoying convenient access to major roadways. The property's size and location make it suitable for a multitude of projects, from single-family homes to multi-family complexes, commercial ventures, or even a mixed-use development. The asking price is $812,350. The APN is 061114201005. This is a rare opportunity to acquire a substantial parcel of land with significant development potential in a desirable location.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.