Decatur, IL
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    Versatile Lakefront Headquarters Building
    $2,750,000
    153,021 SF

    Versatile Lakefront Headquarters Building

    500 S 27th St, Decatur, IL 62521

    Former Illinois Power HQ with versatile space on 25.8 acres.

    • 25.8 acres overlooking Lake Decatur, offering a rare lake‑adjacent in‑town setting.
    • Approximately 153,000 square feet of highly versatile space suitable for various uses.
    • Multi‑wing design combining office infrastructure with commons, classrooms, hospitality areas, and multi‑purpose rooms.
    • Features a glass‑wrapped main lobby, large café and gathering hall, and commercial‑grade kitchen.
    • Expansive parking and multiple entrances.
    Updated: Mar 16
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    Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 1 Active listings in Decatur, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Unique Mixed-Use Property in Jacksonville
    $450,000
    4.22 Acres

    Unique Mixed-Use Property in Jacksonville

    Versatile property with residential and commercial zoning, endless possibilities.

    352 FRANKLIN Street, Jacksonville, IL 62650
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    Unique Mixed-Use Property Opportunity
    $450,000
    4.22 Acres

    Unique Mixed-Use Property Opportunity

    Versatile property with residential and commercial zoning in Jacksonville, IL.

    352 FRANKLIN Street, Jacksonville, IL 62650
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    Event Space on 2.3 Acres
    $150,000
    2.30 Acres

    Event Space on 2.3 Acres

    Event space with stage, offices, kitchen, and ample parking.

    100 Lovejoy Lane, Alton, IL 62002
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    Former School with Redevelopment Potential
    $285,000
    33,150 SF

    Former School with Redevelopment Potential

    Former school building suitable for redevelopment or community use.

    121 W Elm Street, Alton, IL 62002
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    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Land in Tinley Park, IL
    $599,000
    1.01 Acres

    Land in Tinley Park, IL

    Commercial land available for sale in Tinley Park, Illinois.

    16750 Harlem Avenue, Tinley Park, IL 60477
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    Corner Lot on Shelbyville Road
    $1,353,000
    8.21 Acres

    Corner Lot on Shelbyville Road

    Large corner lot suitable for various developments with approvals.

    5133 Gray Road, Indianapolis, IN 46237
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    Historic Schoolhouse with Garden Potential
    $299,900
    2,000 SF

    Historic Schoolhouse with Garden Potential

    Historic schoolhouse (built in 1898) with garden and redevelopment potential.

    14520 E State Road 38 E, Noblesville, IN 46060
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    Cross Plains Land Opportunity
    $179,900
    0.32 Acres

    Cross Plains Land Opportunity

    Land for sale in proposed golf course community.

    L12 Lindale Drive, Cross Plains, WI 53528
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    Decatur, IL Schools Investment Opportunities Market Analysis

    Explore 1 schools for sale in Decatur, IL on our real estate platform. These investment opportunities span a total of 153,021 square feet of properties for sale, with an estimated market value of $2,750,000.

    Sale prices for school buildings & campuses in Decatur, IL start at $2,750,000, averaging $2,750,000, and reaching up to $2,750,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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