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    Property profile & analytics

    230 1st Dr Decatur, IL 62521-5206

    • Drive through restaurants
    • 0.58 lot acres
    OFF-MARKET
    Value Estimation
    $715,000
    Location Intelligence
    Property ID
    US28-3611019
    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

    • Dairy Queen Grill & Chill / Fast Food Restaurant / Ice Cream Shop

    Property Details for 230 1st Dr

    Lot size
    0.58 lot acres
    Zone code
    MUNICIPAL
    Property type
    Drive through restaurants
    APN
    04-12-22-427-007
    APU
    41222427007

    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
    -88.9565
    Latitude
    39.8222
    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
    $31,566
    $22,318
    $294,845
    $317,163
    -
    $66,961
    $884,623
    $951,584

    Comparable in this City

    • Value Estimation
      $485,000
      0.55 Acres

      1627 Eldorado St

      DRIVE-THRU RESTAURANT, FAST FOOD • 0.55 Acres
      1627 Eldorado St, Decatur, IL 62521-2039
      View Details
    • Value Estimation
      $400,000
      1.72 Acres

      1925 Mt Zion Rd

      DRIVE-THRU RESTAURANT, FAST FOOD • 1.72 Acres
      1925 Mt Zion Rd, Decatur, IL 62521-9718
      View Details
    • Value Estimation
      $620,000
      0.66 Acres

      1099 Eldorado St

      DRIVE-THRU RESTAURANT, FAST FOOD • 0.66 Acres
      1099 Eldorado St, Decatur, IL 62521-1915
      View Details
    • Value Estimation
      $625,000
      5,544 SF

      1909 Mt Zion Rd

      DRIVE-THRU RESTAURANT, FAST FOOD • 5,544 SF
      1909 Mt Zion Rd, Decatur, IL 62521-9718
      View Details
    • Value Estimation
      $75,000
      0.40 Acres

      973 Eldorado St

      DRIVE-THRU RESTAURANT, FAST FOOD • 0.40 Acres
      973 Eldorado St, Decatur, IL 62521-1913
      View Details
    • Value Estimation
      $390,000
      0.88 Acres

      1991 Mt Zion Rd

      DRIVE-THRU RESTAURANT, FAST FOOD • 0.88 Acres
      1991 Mt Zion Rd, Decatur, IL 62521-9718
      View Details

    Similar Nearby for Sale

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      Freestanding Building on Corner Lot

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      Route 36 Commercial Land Opportunity

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      Commercial Lot on E Eldorado

      Commercial lot suitable for retail or quick-service drive-through.
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      0.43 acre commercial land near Lake Decatur.
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    Similar Nearby for Lease

    • $1,550 /Mo
      1,288 SF

      Restaurant Ready Corner Commercial Space

      Turn-key restaurant space available for lease in East Decatur.
      3790 E William St, Decatur, IL 62521
      View Details
    • $19 SF/Yr
      2,520 SF

      Freestanding Retail Building For Lease

      Freestanding retail building with full kitchen available for lease.
      2805 N Main St, Decatur, IL 62521
      View Details
    • $2,000 /Mo
      1,700 SF

      Retail/Restaurant Space on High-Traffic Corridor

      Versatile 1,000 SF retail/restaurant space on a high-traffic corridor.
      1621 E Eldorado St, Decatur, IL 62521
      View Details
    • $20 SF/Yr
      4,858 SF

      Retail Space in Decatur, IL

      Modern retail space with customizable floor plans and ample parking.
      4405 E Us Route 36, Decatur, IL 62521
      View Details
    • $1,975 /Mo
      1,000 SF

      Retail Space Available For Rent

      Retail space available for lease, 1000 square feet.
      1097 W Main St, Decatur, IL 62521
      View Details
    • Contact for pricing
      65,340 SF

      Decatur Commercial Brick Building

      Centrally located 14,000 SF building on 1.5 acres.
      1501 E Eldorado St, Decatur, IL 62521
      View Details

    Property Visit Statistics

    • Visits by month
      40.8k
    • Visitors by month
      16.4k
    • Avg Time on site
      8 min
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    230 1st Dr
    Decatur, IL 62521-5206
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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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