Property Lookup
Property Lookup
  • For Sale
  • For Lease
  • Recently Sold
  • Property Lookup
  • Brokers
Back to Search
The Largest CRE Database in the US with Over 1 Million Listings
Property profile & analytics

3131 Water St Decatur, IL 62526-2472

  • Office buildings
  • 1.17 lot acres
OFF-MARKET
Value Estimations
$380,000
Show details
Cap Rate Potential
Location Intelligence
Property ID
US28-3876482
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

  • Patricia E. Carr, FNP / Nurse Practitioner
  • Emily Davidsmeier / Nurse Practitioner
  • Anh Van Ho, NP / Doctor
  • Mr. Samuel Potts / Podiatrist
  • Kia Boxley-Gillespie / Emergency Care Physician / Obstetrician-Gynecologist

Property Details for 3131 Water St

Lot size
1.17 lot acres
Zone code
MUNICIPAL
Property type
Office buildings
APN
07-07-34-478-004
APU
70734478004

Description

This exceptional 5,500-square-foot single-tenant building, located at 3131 N Water St, Decatur, IL, presents a remarkable opportunity for medical or creative office users. Built in 1990 and extensively renovated in 2020, this Class B property boasts a modern layout ideal for a variety of uses. Previously utilized as an express care facility, the building features a spacious waiting room, reception area, registration areas, two triage rooms, twelve exam rooms, nurses' station, x-ray room, two private offices, and a break/conference room. The 12-foot ceilings contribute to a bright and airy atmosphere. Situated on a 1.17-acre lot with 75 parking spaces, the property enjoys exceptional visibility and high traffic counts, with nearly 25,000 vehicles passing daily on US Business Route 51 North and South. Its strategic location on N Water Street, near N Main Street, and B-2 Commercial zoning make it highly desirable. Property taxes are $0.53 per square foot. The building consists of one story and is situated in the Macon County submarket, encompassing Champaign, Bloomington, and Springfield, IL. APN: 07-07-34-478-004. This is a turnkey opportunity for businesses seeking high visibility and convenient access in a thriving area.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

    Method
    Estimation
    ML approach
    $380,000

Get a detailed, property-specific valuation — fast and free


Location Insight

  • Map
  • Local Demand
City
Decatur
County
Macon
State
Illinois
Longitude
-88.9557
Latitude
39.8791
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
$35,296
$88,203
$262,210
$350,413
-
$264,635
$786,709
$1,051,344
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