Property profile

1202 20Th St Decatur, IL 62521

OFF-MARKET
Mixed-use properties
Property ID
US28-3966109
1,440 SF Built 1959
Saved · see the list in your Dashboard

Property summary

AI-generated overview

This Decatur, Illinois property presents a unique value-add opportunity. The 1,440 square foot flex space, situated on a 6,200 square foot lot (APN 12-12-329-007), is currently configured as part of an auto body shop. The main building features a small office, breakroom, one bathroom, and a large open garage area. All existing shelving and tools are included in the sale. A secondary, 500 square foot residential building is also located on the property. The property is zoned commercial and boasts a single-story design within two buildings, constructed in 1959, with an 8-foot ceiling height. This Class B property offers significant potential for various commercial or mixed-use applications. The sale excludes any vehicles currently on the premises. This is an exceptional chance to acquire a versatile property in a desirable location, ripe for renovation and repositioning to maximize its potential. The property's location in Macon County, Illinois, at 1202 N 20th St, Decatur, IL 62521, offers convenient access to local amenities and transportation routes.

Property profile

Verified
Property type Mixed-use properties
Year built 1959
Total area 1,440 SF
UPID US28-3966109

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

1202 20Th St Decatur, IL 62521
Decatur metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request

Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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?”
You own 1202 20Th St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
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