Financial
Distress signals
Property profile

2950 N Water St Decatur, IL 62526

FOR LEASE
Super regional malls
Property ID
US28-4507293
1.67 ac lot
Last sale Feb 2025 · $1,100,000
Individually Owned Owner of record is an individual. 1-yr Hold Held for 1 years. Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
Saved · see the list in your Dashboard
Market Trends Soon

Property summary

AI-generated overview

The property is a for-sale retail space located at 2950 N Water St within a multi-suite shopping center, specifically including Suites 220 and 230. The interior configuration provides open retail floor plate areas with rear service areas, private restrooms, and direct storefront entries. The site includes surface parking to support customer access, and the premises are equipped with utility connections; metering arrangements and any included trade fixtures are subject to confirmation.…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$33k
Tax billed · 2023
Assessed value$330k
Assessed land$51k
Assessed improvement$279k
Effective rate9.95%

Value estimate

· Sep 2026
$1.18M
$1.06M – $1.29M
AI approach$1.16M

Realmo valuation models over county records.

Recently sold

No data for this section
What actually traded nearby?

No cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
MUNICIPAL
JurisdictionMACON

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency28.7
Parking Facility13.5
Garden Center12.9

Location

2950 N Water St Decatur, IL 62526
County assessor Recorded deeds · 2 transfers Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 15 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
2800 Water, Decatur, IL 62526-4258 $400,000 Sep 2025 No data
3751 Woodford, Decatur, IL 62526-2717 $800,000 Mar 2023 No data
215 Ash, Decatur, IL 62526-6158 $800,000 Dec 2022 No data
2980 Main St, Decatur, IL 62526-3291 $308,376 Sep 2020 No data
985 Pershing, Decatur, IL 62526-1573 $480,000 Apr 2020 No data
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message