2 Adams St, Sullivan, IL 61951-1943
- Medical Office Space
- 13,156 SF
Current Use by Public Records
- Medical Office Space
Property Details for 2 Adams St
- Year built
- 1960
- Property type
- Medical Office Space
- Property subtype
- Medical centers
- APN
- 08-08-02-436-010
- APU
- 80802436010
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| Nov 7, 2025 | — | Main Street Capital Partners LLC | St Marys Hospital Decatur | Warranty Deed | — |
Description
This 26,000 square foot, two-story medical office building in Sullivan, IL, presents a compelling value-add investment opportunity. Located at 2 W Adams St, in the B2 Central Business District, this Class C property sits on a 0.43-acre lot and was built in 1979. Currently featuring a mix of tenants, including a major hospital tenant (vacating upon sale), a newly renovated cardiac therapy/PT gym, and a vacant dental office, this property offers significant potential for redevelopment and lease-up. The gross lease structure provides a straightforward income stream. The building's central location in downtown Sullivan offers convenient access to major roadways (IL-121 and IL-32) and ample parking. The asking price is $1,095,000 ($42.12/SF). Detailed financial information and lease details are available upon request and execution of a Non-Disclosure Agreement. This property represents a chance to capitalize on the growing healthcare needs of the Sullivan community. The APN is 08-08-02-436-008.
Value Estimations
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Location Insight
- Map
- Local Demand
- City
- Sullivan
- County
- Moultrie
- State
- Illinois
- Longitude
- -88.608
- Latitude
- 39.5981
