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Property summary
This exceptional investment opportunity encompasses a thriving, established auto repair business, OK's Transmission, situated on a 0.62-acre lot in Decatur, Illinois. The property includes four buildings: a main 3,904 square foot commercial building featuring a lobby, two private offices, a restroom, six overhead doors (one 12ft tall double bay), 17-foot clearance, and eight lifts; a 2,340 square foot warehouse with a drive-in door; and two additional single-family rental homes, each with two… bedrooms and one bathroom. The main building also includes mezzanine storage and a multi-stall shop restroom. The business itself is included in the sale, encompassing inventory, equipment, and established customer relationships built over decades. The rental homes provide additional income streams, currently leased to long-term tenants at below-market rates. The entire property is zoned MUN and boasts a total of 6,244 square feet of space. Built in 1970, this property presents a rare chance to acquire a turnkey business with significant upside potential, thanks to the established business, rental income, and the potential for increased rental rates. The asking price is $375,000, translating to $60.06 per square foot. The property's address is 1228 E Wood St, Decatur, IL 62521, and the APN is 04-12-14-284-014. Showings of the rental homes will be arranged upon acceptance of a purchase offer. Please do not disturb the tenants.
Ownership intelligence
Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with a plan.
Debts
Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.
Property tax · 2023
Value estimate
· Oct 2026Realmo valuation models over county records.
Recently sold
No data for this sectionNo cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.
Cap rate analysis
No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.
Zoning insight
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
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 · 18 properties nearbyComparable nearby
Similar in This City for Sale
Similar in This City for Lease
Instant AI valuation built from comps, income signals, and proprietary benchmarks.A defensible range, not a single guess.
from $199/month
- Lot area
- 0.62 ac
- APN
- 04-12-14-284-014
- Zoning
- MUNICIPAL
- Assessed value · 2023
- $72,419
- Annual tax · 2023
- $7,208
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $199/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Registration is required before the official district profile is shown.
Unlock the evidence behind ownership: portfolio, transactions, debt and any signals we can model, to help you decide who to contact next.
Registration is required before any owner information is shown.
Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
Owner phones and e-mails come with a plan - traced from licensed contact data, with verification and Do-Not-Call flags on every number.
The mortgage data comes with a plan: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
- 10 Targeted Leads
- 1 Full Property Report
- Lead Lists by Intent
- Signals & Scores
- Building Details
- Value Estimation
- Cap Rate Evaluation
- Liens & Mortgages
- Ownership & Contacts
- Local Market trends
-
Zoning Insight— not in this plan -
Location Analytics— not in this plan
- 300 Targeted Leads a month
- 30 Full Property Reports
- Lead Lists by Intent
- Signals & Scores
- Building Details
- Value Estimation
- Cap Rate Evaluation
- Liens & Mortgages
- Ownership & Contacts
- Local Market trends
- Zoning Insight
-
Location Analytics— not in this plan
- 1,500 Targeted Leads a month
- 150 Full Property Reports
- Lead Lists by Intent
- Signals & Scores
- Building Details
- Value Estimation
- Cap Rate Evaluation
- Liens & Mortgages
- Ownership & Contacts
- Local Market trends
- Zoning Insight
- Location Analytics
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