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    Property profile & analytics

    1385 Pershing Rd Decatur, IL 62526-4730

    • Turn key restaurants
    • 0.84 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Aug 14, 2025
    $170,000
    Location Intelligence
    Property ID
    US28-3979778
    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

    • Gabby's / Family Restaurant / American Restaurant

    Property Details for 1385 Pershing Rd

    Lot size
    0.84 lot acres
    Zone code
    MUNICIPAL
    Property type
    Turn key restaurants
    APN
    04-12-02-226-037
    APU
    41202226037

    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
    -88.9383
    Latitude
    39.8767
    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
    $9,380
    $64,661
    $29,583
    $94,244
    -
    $194,002
    $88,758
    $282,760

    Comparable in this City

    • Value Estimation
      $255,000
      0.92 Acres

      1590 Pershing Rd

      RESTAURANT • 0.92 Acres
      1590 Pershing Rd, Decatur, IL 62526-2808
      View Details
    • Value Estimation
      $310,000
      0.33 Acres

      2779 Water St

      RESTAURANT • 0.33 Acres
      2779 Water St, Decatur, IL 62526-4231
      View Details
    • Value Estimation
      $300,000
      0.41 Acres

      2900 Water St

      RESTAURANT • 0.41 Acres
      2900 Water St, Decatur, IL 62526
      View Details
    • Value Estimation by Request
      0.54 Acres

      1880 Brush College Rd

      RESTAURANT • 0.54 Acres
      1880 Brush College Rd, Decatur, IL 62526-5633
      View Details
    • Value Estimation
      $265,000
      1.04 Acres

      2998 22nd St

      RESTAURANT • 1.04 Acres
      2998 22nd St, Decatur, IL 62526-2151
      View Details
    • Value Estimation
      $180,000
      2.80 Acres

      2880 Oakland Ave

      RESTAURANT • 2.80 Acres
      2880 Oakland Ave, Decatur, IL 62526-1527
      View Details

    Similar Nearby for Sale

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    Similar Nearby for Lease

    • $3,100 /Mo
      2,025 SF

      Restaurant with Drive-Thru Available

      Freestanding restaurant with drive-thru on a busy street.
      2779 N Water St, Decatur, IL 62526
      View Details
    • $120 SF/Yr
      1,250 SF

      Prime Gas Station Investment Opportunity

      High-performing, single-tenant gas station.
      1420 Pershing Rd, Decatur, IL 62526
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    • $16 SF/Yr
      6,050 SF

      Decatur Retail Space for Lease

      6,050 sq ft retail space in Decatur, IL
      2875 Water St, Decatur, IL 62526
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    • Contact for pricing
      4,141 SF

      Decatur Retail Space Available

      Retail or office space with high visibility and ample parking.
      1929 N Water St, Decatur, IL 62526
      View Details
    • $6 SF/Yr
      6,624 SF

      Decatur Showroom/Warehouse Space Available

      Freestanding showroom/warehouse building in central Decatur location.
      2802 N Main St, Decatur, IL 62526
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    • $10 SF/Yr
      1,250 SF

      Retail Space Available For Lease

      Retail space available for lease in Decatur, Illinois.
      1400-1420 E Pershing Rd, Decatur, IL 62526
      View Details
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    1385 Pershing Rd
    Decatur, IL 62526-4730
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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