Financial
Distress signals
Property profile

402 Pr Ave Decatur, IL 62523

OFF-MARKET
Showrooms
Property ID
US28-4607111
0.7 ac lot
Entity Owned Owner of record is a legal entity (LLC / corporation). 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

The property located at 402 E Prairie Avenue is an office building offering suite-based space designed for office and professional business use. Suite sizes vary from a few hundred square feet to several thousand square feet, providing flexibility for different tenant space requirements. Parking is available on the street and in nearby lots. The building is situated near the Decatur Public Library, Bus Depot, Central Park, the Post Office, and the Central Business District, placing office users within close proximity to civic, transit, and downtown destinations.

Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included 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?
$21k
Tax billed · 2023
Assessed value$209k
Assessed land$43k
Assessed improvement$166k
Effective rate9.95%

Value estimate

· Sep 2026
$335k
$302k – $369k
AI approach$335k

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: Bakery
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Bakery9.3
Storage Facility9.3
Garden Center9.1

Location

402 Pr Ave Decatur, IL 62523-1107
County assessor Recorded deeds · not on file 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 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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