334 Main St Decatur, IL 62523

This three-story, 14,500 square foot mixed-use building in Decatur, IL, presents a compelling investment opportunity. Located at 334 W Main St, this property boasts eight fully renovated apartment units (a mix of studios, one-bedroom, and a two-bedroom unit) and 7,610 square feet of adaptable commercial space, previously used as a dental office and equipped with existing plumbing infrastructure in individual rooms. The building, constructed in 1963 and extensively renovated in 2023, features modern finishes throughout the residential units, including stainless steel appliances, granite countertops, and luxury vinyl plank flooring. Recent upgrades encompass exterior façade improvements (DRIVIT around windows and perimeter), complete plumbing valve replacement (including shower valves), electrical device upgrades, new fire doors and frames in all apartments, high-end luxury vinyl tile (LVT) flooring on the second floor, waterproofed bathrooms with new porcelain tile, new window treatments, updated lighting, new kitchen cabinets with granite countertops, brand-new stainless steel appliances, a coin-operated washer and dryer, a security system, fire stops separating commercial and residential areas, new hot water units, and new rear fencing. The property includes 32 parking spaces and sits on a 0.53-acre lot, zoned for commercial use. The building's recent renovations, combined with its prime location and versatile layout, offer significant potential for strong rental income and future appreciation. This is a turnkey operation ready for immediate occupancy. APN: 04-12-15-256-012.