Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    Property profile & analytics

    266 Main St Decatur, IL 62523-1215

    • Gas stations
    • 0.28 lot acres
    OFF-MARKET
    Value Estimation
    $185,000
    Location Intelligence
    Property ID
    US28-3943414
    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

    • Gas stations

    Property Details for 266 Main St

    Lot size
    0.28 lot acres
    Zone code
    MUNICIPAL
    Property type
    Gas stations
    APN
    04-12-15-279-010
    APU
    41215279010

    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
    -88.9587
    Latitude
    39.8417
    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
    $1,936
    $14,501
    $4,948
    $19,449
    -
    $43,507
    $14,845
    $58,352

    Comparable in this City

    • Value Estimation by Request
      0.10 Acres

      615 Wood St

      AUTO REPAIR, GARAGE • 0.10 Acres
      615 Wood St, Decatur, IL 62523-1152
      View Details
    • Value Estimation by Request
      0.15 Acres

      150 Cerro Gordo St

      PARKING LOT • 0.15 Acres
      150 Cerro Gordo St, Decatur, IL 62523
      View Details
    • Value Estimation
      $1,015,000
      0.16 Acres

      241 William St

      PARKING GARAGE, PARKING STRUCTURE • 0.16 Acres
      241 William St, Decatur, IL 62523
      View Details
    • Value Estimation
      $85,000
      0.24 Acres

      537 William St

      AUTO REPAIR, GARAGE • 0.24 Acres
      537 William St, Decatur, IL 62523
      View Details
    • Value Estimation
      $275,000
      0.82 Acres

      380 Industry Ct

      AUTO REPAIR, GARAGE • 0.82 Acres
      380 Industry Ct, Decatur, IL 62523-1300
      View Details
    • Value Estimation
      $210,000
      0.33 Acres

      901 Water St

      AUTO REPAIR, GARAGE • 0.33 Acres
      901 Water St, Decatur, IL 62523-1020
      View Details

    Similar Nearby for Sale

    • $695,000
      11,884 SF

      Downtown Decatur Retail Portfolio

      Prime Decatur location, 11,884 SF, 7 units
      248 Park St, Decatur, IL 62523
      View Details
    • $675,000
      11,884 SF

      248 N Park St, Decatur, IL

      Mixed-use properties • 11,884 SF
      248 N Park St, Decatur, IL 62523
      View Details
    • $695,000
      0.62 Acres

      Decatur Commercial Land - $695K

      Prime corner lot, high traffic, 0.62 acres.
      450 Main St, Decatur, IL 62523
      View Details

    Similar Nearby for Lease

    • $1,500 /Mo
      1,300 SF

      Downtown Decatur Redevelopment Opportunity

      Redevelopment opportunity in downtown Decatur. Build-to-suit, 1,300 square feet.
      132-190 W Wood St, Decatur, IL 62523
      View Details
    • $12 SF/Yr
      3,000 SF

      Decatur Office Space For Rent

      3,000 square foot office space available for lease.
      148 E Main St, Decatur, IL 62523
      View Details
    • $1,200 /Mo
      1,007 SF

      Executive Office Space For Rent

      Turn-key executive office suite with furniture included and utilities.
      158 W Prairie Ave, Decatur, IL 62523
      View Details
    • $2,750 /Mo
      2,255 SF

      Decatur Office Space For Rent

      2255 square foot office space available for rent.
      101 S Main St, Decatur, IL 62523
      View Details
    • Contact for pricing
      4,275 SF

      Decatur Office Space Available

      Office space available for rent in Decatur, Illinois.
      214 N Franklin St, Decatur, IL 62523
      View Details
    • $1,950 /Mo
      2,627 SF

      Downtown Decatur Furnished Office Space

      Professional office space in Downtown Decatur, fully furnished.
      135 W Main St, Decatur, IL 62523
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    266 Main St
    Decatur, IL 62523-1215
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.