Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Property profile & analytics

    4248 Main St Decatur, IL 62522-1131

    • Warehouses
    OFF-MARKET
    Value Estimation
    Last Sale
    Aug 02, 2024
    Location Intelligence
    Property ID
    US28-3890965
    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

    • Midwest Electronic Systems, Inc. / Electronics Company

    Property Details for 4248 Main St

    Zone code
    MUNICIPAL
    Property type
    Warehouses
    APN
    04-12-18-104-006
    APU
    41218104006

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Decatur
    County
    Macon
    State
    Illinois
    Longitude
    -89.0267
    Latitude
    39.8424
    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
    $6,188
    $14,921
    $49,203
    $64,124
    -
    $44,767
    $147,624
    $192,391

    Comparable in this City

    • Value Estimation by Request
      0.30 Acres

      344 Cerro Gordo St

      WAREHOUSE, STORAGE • 0.30 Acres
      344 Cerro Gordo St, Decatur, IL 62522-2104
      View Details
    • Value Estimation
      $500,000
      9.50 Acres

      301 Wyckles Rd

      WAREHOUSE, STORAGE • 9.50 Acres
      301 Wyckles Rd, Decatur, IL 62522-1050
      View Details
    • Value Estimation by Request
      0.14 Acres

      543 Van Dyke St

      WAREHOUSE, STORAGE • 0.14 Acres
      543 Van Dyke St, Decatur, IL 62522-2163
      View Details
    • Value Estimation by Request
      0.11 Acres

      345 Cerro Gordo St

      WAREHOUSE, STORAGE • 0.11 Acres
      345 Cerro Gordo St, Decatur, IL 62522-2103
      View Details
    • Value Estimation by Request
      0.16 Acres

      730 College St

      WAREHOUSE, STORAGE • 0.16 Acres
      730 College St, Decatur, IL 62522-2130
      View Details
    • Value Estimation
      $325,000
      0.51 Acres

      4230 Main St

      WAREHOUSE, STORAGE • 0.51 Acres
      4230 Main St, Decatur, IL 62522-1131
      View Details

    Similar Nearby for Sale

    • $149,999
      6,400 SF

      Commercial Building with Office, Warehouse

      6,900 SF commercial building with office and warehouse space.
      932 W Eldorado St, Decatur, IL 62522
      View Details
    • $812,350
      23.22 Acres

      Prime Macon County Land

      23 Acres, Multi-Use Potential
      0 Main St, Decatur, IL 62522
      View Details
    • $279,000
      3,000 SF

      Decatur Bar and Billiards Venue

      Established bar and billiards venue with a loyal customer base.
      858 W Green St, Decatur, IL 62522
      View Details
    • $800,000
      14,500 SF

      Mixed-Use Property with Income Potential

      Value-add investment opportunity in Decatur's downtown commercial corridor.
      334 W Main St, Decatur, IL 62522
      View Details
    • $297,600
      7,288 SF

      Eldorado Street Investment Opportunity

      Two-story brick building near downtown and Millikin University.
      535 W Eldorado St, Decatur, IL 62522
      View Details
    • $195,000

      Commercial Lot on E Eldorado

      Retail/Office lot for sale in Decatur, Illinois.
      1103 E Eldorado St, Decatur, IL 62522
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    4248 Main St
    Decatur, IL 62522-1131
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    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
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.