3130 N Woodford St, Decatur, IL 62526
For Lease
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This exceptional two-story brick building, totaling 3,270 square feet, is ideally situated on a 0.37-acre lot in North Decatur, boasting high visibility and traffic volume exceeding 7,800 vehicles per day. Built in 1979, this Class B property features ample parking with 26 spaces. The upper level is currently configured as a salon, complete with five styling stations, four shampoo bowls, a supply closet, receptionist area, restroom, and a waiting area with retail shelving. The ground floor comprises two separate suites, each with its own restroom, suitable for office tenants or independent salon operators. The zoning is M-1. The property is offered for lease as a single unit, although the owner is open to subdividing the space. This versatile property presents a unique opportunity for a variety of retail or office uses, benefiting from its prime location near other thriving commercial businesses. The landlord is willing to negotiate tenant improvements. The building has one structure, two stories, and no elevators. The Assessor's Parcel Number (APN) is 07-07-36-352-002.
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Hair Therapy Lounge Hair Salon Nail Salon
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
MUNICIPAL · Decatur, ILDecatur. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.