Property profile

989 Harrison Ave Decatur, IL 62526

OFF-MARKET
Auto shops
Property ID
US28-3569979
0.33 ac lot
Individually Owned Free & Clear
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Property summary

AI-generated overview

This Decatur, IL commercial property, located at 989-995 W. Harrison Avenue, presents a fantastic opportunity for an auto enthusiast or expanding business. The 2,911 square foot building, constructed in 1958, sits on a desirable 0.73-acre double corner lot and is zoned Mun. The structure features five bays, equipped with three 12-foot and three 8-foot overhead doors, perfect for various automotive needs. A car lift is included in the sale. While other tools and equipment are negotiable, the building itself is well-maintained, boasting recent upgrades including a newer furnace, heater blower, and office roof. The property's single-story design and ample space offer significant potential for a variety of automotive uses. The asking price is $145,000, translating to $49.81 per square foot. The property's parcel numbers are 04-12-03-354-005 and 04-12-03-354-001. This is an ideal opportunity for a buyer looking for a turnkey operation or a space to establish their own automotive business. The seller is motivated and ready to retire.

Property profile

Verified
Property type Auto shops
Use group AUTO REPAIR, GARAGE
Lot 0.33 ac (14,375 SF)
Zoning code MUNICIPAL
APN 04-12-03-354-005
UPID US28-3569979

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Auto Repair Shop

Location

989 Harrison Ave Decatur, IL 62526-3863
Decatur metro Census 1900 DECATUR, IL METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$60k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$60k

Owner & transaction history

since 2026
Last sale
$69,000
2 recorded transactions
2026
$125,000
2021
$69,000

Zoning & alternative use

MUNICIPAL · Decatur, IL

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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