Financial
Distress signals
Property profile

2015 E Olive St Decatur, IL 62526

FOR LEASE
Commercial real estate
Property ID
US28-4486446
1.89 ac lot
Last sale Sep 2023 · $451,250
Entity Owned Owner of record is a legal entity (LLC / corporation). 3-yr Hold Held for 3 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

This Decatur, IL warehouse at 2015 E. Olive St. offers nearly 30,000 square feet of space on a 1.89-acre lot. Built in 1969 and zoned M-2, the property features a single-tenant occupancy and boasts significant cold storage infrastructure, including numerous Bohn walk-in refrigerators and freezers. The warehouse includes several dock doors, an overhead drive-in interior dock/staging area, and a 700-square-foot office with restrooms. Ceiling clearance varies from 12 to 22 feet, accommodating…

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?
$11k
Tax billed · 2023
Assessed value$113k
Assessed land$34k
Assessed improvement$78k
Effective rate9.95%

Value estimate

· Sep 2026
$455k
$410k – $501k
AI approach$445k
NOI build-up
Gross scheduled income$199k
Vacancy & credit loss−$14k
Operating expenses−$56k
NOI · 3,241,975.00% cap applied$130k

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?
3,241,975.00%
$130k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

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 agency19.4
Dental Office14.9
Restaurant13.3

Location

2015 E Olive St 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?”
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