Financial
Distress signals
Property profile

1450 E Pershing Rd Decatur, IL 62526

FOR LEASE
Other commercial real estate
Property ID
US28-4678589
6.07 ac lot
Last sale Feb 2024 · $1,900,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 2-yr Hold Held for 2 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

The property is a warehouse building containing approximately 62,000 square feet of space that is designed to be divisible. It features approximately 18 feet of clearance to the underside of the rafters and has column spacing suitable for warehouse use. The site provides approximately 440 feet of frontage on E. Pershing Road in Decatur, Illinois.

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?
$57k
Tax billed · 2023
Assessed value$565k
Assessed land$231k
Assessed improvement$334k
Effective rate10.07%

Value estimate

· Sep 2026
$1.90M
$1.71M – $2.09M
AI approach$1.90M

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 agency13.5
Pawn Shop9.8
Cafe & Coffee Shop9.7

Location

1450 E Pershing Rd Decatur, IL 62526
County assessor Recorded deeds · 3 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 · 6 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
2190 Pershing, Decatur, IL 62526-2120 $650,000 Oct 2025 No data
2235 Mound, Decatur, IL 62526-9367 $345,000 Sep 2025 No data
1525 21st, Decatur, IL 62526-5101 $25,000 Jul 2025 No data
3071 Water, Decatur, IL 62526-2464 $65,000 May 2025 No data
2701 Pkwy, Decatur, IL 62526-5228 $2,300,000 Mar 2025 No data
2112 Brush College Rd, Decatur, IL 62526-5555 $2,550,000 Mar 2025 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
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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
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