Financial
Distress signals
Property profile

3085 N Kandy Ln Decatur, IL 62526

FOR LEASE
Office buildings
Property ID
US28-4367457
0.25 ac lot
Last sale Dec 2021 · $100,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 4-yr Hold Held for 4 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

This freestanding office/flex building is constructed of brick and has approximately 1,650 square feet of interior space. The property includes a concrete parking area and a partially fenced outdoor lot. The exterior includes recently painted surfaces and features a replaced roof. The interior is configured as an unfinished, customizable layout suitable for tailoring finishes to a tenant’s needs. The property is located just north of East Pershing Road on N Kandy Lane in Decatur, Illinois, with parking and fenced outdoor space supporting office and light flex uses.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$3k
Tax billed · 2023
Assessed value$37k
Assessed land$8k
Assessed improvement$28k
Effective rate9.37%

Value estimate

· Sep 2026
$120k
$108k – $132k
AI approach$90k
NOI build-up
Gross scheduled income$28k
Vacancy & credit loss−$4k
Operating expenses−$6k
NOI · 698.56% cap applied$17k

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?
698.56%
$17k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

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 agency12.7
Skin Care Clinic10.4
Kitchen & Bath10.1

Location

3085 N Kandy Ln Decatur, IL 62526
County assessor Recorded deeds · 1 transfer 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
415 Ash, Decatur, IL 62526-6117 $1,300,000 Oct 2025 No data
1581 Water, Decatur, IL 62526-4441 $66,000 Jan 2025 No data
3035 Mound, Decatur, IL 62526-9650 $895,000 Apr 2024 No data
3130 Woodford St, Decatur, IL 62526-2834 $158,000 Mar 2024 No data
1398 Oakland, Decatur, IL 62526-3737 $28,000 Jan 2024 No data
2965 Main, Decatur, IL 62526-4392 $400,000 Dec 2023 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
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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