1202 Wood St, Decatur, IL 62521
This exceptional commercial property located at 1202 E Wood St, Decatur, IL 62521, offers 2,100 square feet of adaptable space. Situated in Macon County, Illinois, this high-traffic corner building provides unparalleled visibility and accessibility for businesses seeking a prominent presence. The property is classified as both Traditional and Creative Office space, suitable for a variety of commercial uses including retail and restaurant operations. Currently, one space is available for lease. The open shell space allows for complete customization, enabling tenants to design a layout perfectly suited to their operational needs. This prime location ensures maximum exposure, attracting significant foot traffic and enhancing brand recognition. The property's strategic placement within a developing area presents a unique opportunity to become part of a revitalized commercial district. The building's multiple tenancy structure offers a dynamic and collaborative environment. This is an ideal opportunity for businesses seeking a flexible, high-visibility space in a thriving community.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
MUNICIPAL · Decatur, ILDecatur. Always verify with local authorities before improvements.
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.