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Property profile & analytics

2602 Morgan St Decatur, IL 62526

  • Office buildings
  • 0.18 lot acres
Value Estimation
$95,000
Last Sale
Jul 03, 2023
$70,000
Location Intelligence
Property ID
US28-4413124
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Office buildings

Property Details for 2602 Morgan St

Lot size
0.18 lot acres
Zone code
MUNICIPAL
Property type
Office buildings
APN
04-12-02-178-010
APU
41202178010

Description

This exceptional 2,670 square foot single-tenant office building, situated on an 8,000 square foot corner lot at 2602 N Morgan Street, presents a compelling investment opportunity. Built in 1971, the property boasts a durable full brick exterior and a poured concrete foundation and ceilings, ensuring lasting quality. The convenient location offers ample on-site parking. Inside, the building features a generous open area perfect for collaborative work, along with five private offices providing individual workspaces. A well-equipped kitchenette/break room caters to employee needs, while a dedicated laboratory room adds versatility. Two bathrooms on the main level enhance convenience. A full, dry basement provides substantial storage, potential for private quarters, and an additional bathroom. Recent upgrades include a roof (approximately 5 years old) and an air conditioning system (approximately 7 years old), minimizing maintenance concerns. The property is zoned COM. The Assessor's Parcel Number (APN) is 04-12-02-178-010. This property is ready for immediate occupancy and offers significant potential for a variety of businesses.

Value Estimation

Powered by Realmo proprietary methodology Last update: July 3, 2025
  • CAP approach

  • Comparable approach

  • Alternative Use

Location Insight

  • Map
  • Local Demand
City
Decatur
County
Macon
State
Illinois
Longitude
-88.9486
Latitude
39.8707
CBSA code
19500
CBSA name
DECATUR, IL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$2,322
$5,774
$17,559
$23,333
-
$17,324
$52,682
$70,006
More about this property
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