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    Property profile & analytics

    1805 Main St Decatur, IL 62526-4331

    • Investment properties
    • 1,098 SF
    • 1.43 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    May 31, 2024
    Location Intelligence
    Property ID
    US28-3608617
    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

    • Farmer's Market Garden Center / Garden Center

    Property Details for 1805 Main St

    Year built
    1910
    Construction
    FRAME
    Lot size
    1.43 lot acres
    Property size
    1,098 SF
    Zone code
    MUNICIPAL
    Property type
    Investment properties
    Property subtype
    Live-work space
    APN
    04-12-10-231-009
    APU
    41210231009

    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
    -88.957
    Latitude
    39.8607
    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
    $8,246
    $21,450
    $61,403
    $82,853
    -
    $64,356
    $184,227
    $248,583

    Comparable in this City

    • Value Estimation
      $70,000
      2.31 Acres

      1980 Brush College Rd

      OFFICE/RESIDENTIAL (MIXED USE) • 2.31 Acres
      1980 Brush College Rd, Decatur, IL 62526-5634
      View Details
    • Value Estimation by Request
      0.83 Acres

      2136 Damon Ave

      OFFICE/RESIDENTIAL (MIXED USE) • 0.83 Acres
      2136 Damon Ave, Decatur, IL 62526-4751
      View Details
    • Value Estimation
      $195,000
      0.43 Acres

      1220 Pershing Rd

      OFFICE/RESIDENTIAL (MIXED USE) • 0.43 Acres
      1220 Pershing Rd, Decatur, IL 62526-4765
      View Details
    • Value Estimation
      $505,000
      4.51 Acres

      2490 Water St

      OFFICE/RESIDENTIAL (MIXED USE) • 4.51 Acres
      2490 Water St, Decatur, IL 62526-4251
      View Details
    • Value Estimation by Request
      12 SF

      2882 Dinneen St

      Churches & religious facilities • 12 SF
      2882 Dinneen St, Decatur, IL 62526
      View Details
    • Value Estimation
      $60,000
      0.09 Acres

      1940 Water St

      STORES & APARTMENTS • 0.09 Acres
      1940 Water St, Decatur, IL 62526-4353
      View Details

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    Similar Nearby for Lease

    • $15 SF/Yr
      1,300 SF

      Decatur Office/Retail Space

      1,300 SF Freestanding Building, High Traffic
      2801 Main St, Decatur, IL 62526
      View Details
    • $16 SF/Yr
      1,410 SF

      Decatur Office Space: Prime Location

      1,410 SF Medical/Office Suite Available
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      View Details
    • $1,500 /Mo
      1,500 SF

      Retail Space in Northland Center

      Highly visible retail space in Decatur's popular shopping plaza.
      2900 N Main St, Decatur, IL 62526
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    • $13 SF/Yr
      2,627 SF

      Versatile Office Space Available

      Former pediatrician's office with multiple private offices and reception area.
      2980 N Main St, Decatur, IL 62526
      View Details
    • $8 SF/Yr
      7,200 SF

      Retail Space Available For Lease

      7,200 SF retail space available for lease.
      1355-1377 E Street Rd N, Decatur, IL 62526
      View Details
    • $1,867 /Mo
      800 SF

      Retail Space for Rent

      800 SF retail space available for rent.
      2828 N Main St, Decatur, IL 62526
      View Details
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    1805 Main St
    Decatur, IL 62526-4331
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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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