Property profile

2202 40th St Decatur, IL 62526

OFF-MARKET
Industrial properties
Property ID
US28-4094657
1.65 ac lot
Entity Owned 5-yr Hold Free & Clear
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Property profile

Verified
Property type Industrial properties
Use group INDUSTRIAL (GENERAL)
Lot 1.65 ac (71,874 SF)
Zoning code MUNICIPAL
APN 04-13-05-303-005
UPID US28-4094657

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • (Bike/Boat/Book/etc) Store Building Supply

Location

2202 40th St Decatur, IL 62526-5519
Decatur metro Census 2100 DECATUR, IL METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$545k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$615k

Owner & transaction history

since 2021
Last sale
$560,000
2 recorded transactions
2022
Price N/A
2021
$560,000

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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