Realmo Analytics

Unlock property reports, ownership, financials, or compile property list owners likely to sell.

Property profile

2950 N Water St Decatur, IL 62526

FOR LEASE
Super regional malls
Property ID
US28-4507293
1.67 ac lot
Last sale Feb 2025 · $1,100,000
Individually Owned Owner of record is an individual. 1-yr Hold Held for 1 years. Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

This multi-tenant strip center includes a ground-floor commercial space of approximately 1,400 square feet located at 2950 N Water Street, Suites 220/230, in Decatur, Illinois. The center was built in 1990 and is designated under COMMERCIAL zoning. The space provides direct ground-level access and is supported by on-site parking for tenants and visitors. The property is positioned along a busy north-south thoroughfare and is situated among existing restaurants and retail uses. Center signage is…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$33k
Tax billed · 2023
Assessed value$330k
Assessed land$51k
Assessed improvement$279k
Effective rate9.95%

Value estimate

· Oct 2026
$1.18M
$1.06M – $1.29M
AI approach$1.16M

Realmo valuation models over county records.

Recently sold

No data for this section
What actually traded nearby?

No cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
MUNICIPAL
JurisdictionMACON

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency28.7
Parking Facility13.5
Garden Center12.9

Location

2950 N Water St Decatur, IL 62526
County assessor Recorded deeds · 2 transfers Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 15 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
2800 Water, Decatur, IL 62526-4258 $400,000 Sep 2025 No data
3751 Woodford, Decatur, IL 62526-2717 $800,000 Mar 2023 No data
215 Ash, Decatur, IL 62526-6158 $800,000 Dec 2022 No data
2980 Main St, Decatur, IL 62526-3291 $308,376 Sep 2020 No data
985 Pershing, Decatur, IL 62526-1573 $480,000 Apr 2020 No data
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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