Property profile

1537 Water St Decatur, IL 62526

OFF-MARKET
Office buildings
Property ID
US28-4094677
0.2 ac lot
Individually Owned 3-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Lot 0.2 ac (8,850 SF)
Zoning code MUNICIPAL
APN 04-12-10-278-027
UPID US28-4094677

Cap rate & NOI

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

Location

1537 Water St Decatur, IL 62526
Decatur metro Census 2002 DECATUR, IL METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$75k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$75k

Owner & transaction history

since 2023
Last sale
$82,500
2 recorded transactions
2023
$82,500
2022
Price N/A

Zoning & alternative use

MUNICIPAL · Decatur, IL

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
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