2220 N Monroe St Decatur, IL 62526

This single-story, 12,898-square-foot medical and executive office building, situated on a 1.25-acre lot at 2220 N Monroe St, Decatur, IL 62526 (corner of Monroe St & W Hay St), presents a unique investment opportunity. Built in 1970 and renovated in 2018, the Class C property offers 707 to 2,908 contiguous square feet of space, with a total of 10,915 square feet currently vacant. The building features 55 parking spaces and is conveniently located across from Decatur Memorial Hospital, offering excellent visibility and accessibility. Its prime location also provides proximity to HSHS St. Mary’s Hospital and Millikin University. The property boasts a desirable location overlooking Monroe Park, and benefits from a strong tenant mix. Potential tenants can take advantage of building and monument signage options, a generous tenant improvement allowance, and flexible lease terms. Property taxes are $2.25 per square foot. The zoning is Commercial. This is an exceptional opportunity for medical practices or other businesses seeking a well-located, adaptable space in a thriving community. Minimum divisible space is 707 square feet.