Property profile

253 Western Ave Decatur, IL 62522

OFF-MARKET
Warehouses
Property ID
US28-3602303
7,000 SF 1.08 ac lot Built 1996
Individually Owned 4-yr Hold Free & Clear
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Property profile

Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 1996
Total area 7,000 SF
Lot 1.08 ac (47,045 SF)
Zoning code MUNICIPAL
APN 06-11-13-126-003
UPID US28-3602303

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
  • Telecommunications Service Construction Company

Location

253 Western Ave Decatur, IL 62522-1054
Decatur metro Census 2800 DECATUR, IL METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$195k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$215k

Owner & transaction history

since 2022
Last sale
$210,000
4 recorded transactions
2022
Price N/A
2021
$210,000
2006
$190,000
2006
Price N/A

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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