A unique mix-used investment package in the heart of Downtown Decatur is now available! Three continuous buildings overlooking the beautiful Central Park. In total, this property features three street-level commercial spaces, two spacious apartments, and an additional two floors of untapped, raw multifamily development potential. All commercial spaces are currently leased.
The residential portion includes two 2-bedroom, 1-bathroom apartments. Both units offer stunning views of Central Park, adding to their demand and appeal for the rental professional.
This property presents an incredible opportunity to expand your investment portfolio while securing real estate in a prime downtown location. Incentives available – property is situated in the newly adopted Downtown TIF District. Value-add upside, with current stabilized cash-flow. Don’t miss out on this chance to generate multiple streams of revenue in Decatur’s central city center!
The residential portion includes two 2-bedroom, 1-bathroom apartments. Both units offer stunning views of Central Park, adding to their demand and appeal for the rental professional.
This property presents an incredible opportunity to expand your investment portfolio while securing real estate in a prime downtown location. Incentives available – property is situated in the newly adopted Downtown TIF District. Value-add upside, with current stabilized cash-flow. Don’t miss out on this chance to generate multiple streams of revenue in Decatur’s central city center!
Property Details
Price:
$1
MLS #:
6261692
Status:
Active
Beds:
0
Baths:
0
Type:
Commercial
Subtype:
Retail
Listed Date:
Oct 30, 2026
Lot Size:
5,500 sqft / 0.13 acres (approx)
Year Built:
1902
See this Listing
Schools
Interior
Appliances
Electric Water Heater
Cooling
Central Air
Heating
Electric
Levels
Two
Exterior
Stories
2
Financial
Tax Year
2026
Taxes
$3,327
Map
Community
- Address248-252 N Park Street Decatur IL
- CityDecatur
- CountyMacon
- Zip Code62523
Subdivisions in Decatur
- 3 Huston Comm Park
- A M Reeves Add
- Adg Specialty Center
- Assessors
- Assrs Sub
- Avenue Park Add
- B H Cassells 4th Add
- Baker Bros Sub
- Baywood Estates
- Becker Place
- Big Oak Plaza
- Binder
- Birchwood Estates
- Blackford Add
- Bledsaw Add
- Bradley & Campbells 2nd Add
- Bradleys Add
- Brettwood Heights
- Brettwood Heights Second Add
- Brierwood Add
- Brooks Mdw Park 1st Add
- Brooks Mdw Park 2nd Add
- Brookview
- Buccaneers Point 02
- Buckhead Estates
- Burgetts 1st Add
- C C Morrisons 2nd Add
- C C Morrisons Add
- C E Schrolls Add
- C H Moores Add
- C Vaughns Sub
- Carvers Add
- Claude D Price Sub
- Clesson Woods
- Condominium
- Conways 2nd Add
- Country Acres Add
- County Clerks Sub
- Craycroft 2nd
- Craycroft at Southlake
- Craycroft/South Lake Add
- Craycroft/Southlake
- Craycroft/Southlake Second Add
- Cresthaven Estates
- Day Brook Estates
- Decatur
- Decatur Bldg 4th Add
- Deer Run
- Deerfield Estates
- Delmar Heights
- Doctors Sub Add
- Dodsons 2nd Add
- Dodsons Add 02
- Driscon Place
- Earl M Gray 1st Add
- East Lynn Add
- East Park Blvd
- East Park Boulevards
- Elm Rdg
- Elmhurst
- Elson Heights
- Enterprise Zone Parcels
- Evandale 3rd Add
- Ewing Hill Add
- Fairground Home Sites
- Fairview Add
- Forest Hill Add
- Forrest Green Add
- Frank R Snyders 2nd Sub
- G Coopers Add
- G L Davis Add
- Geo F Wessels Add
- Girl Scout
- Glatz Add
- Glenwood Add
- Greendell Add
- Greenlake Add
- Greenridge Sub
- Gresham & Hanks Sub
- H A Tuttles Add
- H A Woods Walnut Grove Add
- H A Woods West Park Add
- H S Evans 2nd Sub
- Hackl Estates
- Hazel Dell Sub
- Heminger Heights
- Hendricks Add
- Hickory Point Manor Add
- Higgins Add
- Highland Court
- Highlawns Add
- Hillcrest An Add
- Hills 2nd Add
- Hills Add
- Hoffmans Acre
- Home Park 1st Add
- Home Park Manor 2nd Add
- Home Park Manor 3rd Add
- Hubbard & Wolf Add
- Huron Place
- Huston Forest Acres
- Hyi Add
- Indian Spgs 2nd Add
- Interurban Add
- J L Rainwater Add
- J R Gorins Add
- Jeralds Add
- John W Constant Sub
- Johns 1st Add
- Johns 2nd Add
- King Kove
- L Cladis 1st Add
- L Towls 2nd Add
- Lake Ridge Add
- Lakeland Heights
- Lakeview 2nd Add
- Larkdale Add
- Laura E Peters 1st Add
- Lindas Hill
- Linden Place
- Lynn Lou Add
- M A Nickey Shore Acs Add
- M Fortsmeyers Add
- M L Decks Add
- Martin Forstmeyers Add
- Maskes Sub
- Meadowlark 3rd Add
- Meadowlark 4th Add
- Melrose Court Add
- Montgomery Hills 2nd Add
- Montgomery Place
- Mountain Harbor
- Nelson Park Add
- North Add
- North Decatur Add
- North Side Add
- North Sunnyside Add
- Northbrook Add
- Northeast Bus & Industria
- Northeast Bus & Industrl Complex First
- Northland Heights 2nd Add
- Northside Investment Park 2nd Sub
- Oak Grove Add
- Oak Park Add
- Oakdale Add
- Palisades Plaza 2nd Add
- Park View Add
- Pheasant Run 1st Add
- Picketts Add
- Powers 9th Add
- Primrose Estates 3rd Add
- Primrose Estates First Add
- Pritchetts Sub
- Reserve
- Ridge Ideal
- Robert L Logans 1st Add
- Robert Mueller Add
- Rolling Creek
- S C Allens Sub
- Scovill Park Add
- Sena M Wede Sub
- Shadow Lane 3rd Add
- Shadow Lane Fifth Add
- Sims Knolls Add
- Sims-Hazelrigg Add
- Snell & Laffertys Add
- South Estates 2nd Add
- South Lake Estates
- South Shores 10th Add
- South Shores 11th Add
- South Shores 12th Add
- South Shores 14 Add
- South Shores 14th Add
- South Shores 15th Add
- South Shores 1st Add
- South Shores 20th Add
- South Shores 9th Add
- Southbrooke Estates
- Southeast Plaza 5 Add
- Southeast Plaza Add
- Spangler Heights
- Spanglers Add
- Stares Add
- Starr Crst
- Stickels 1st Sub
- Stombaugh Add
- Stony Brook Estates
- Suburban Home Add
- Sunnyside Heights
- Super Shine Add
- Sylvan Shores Add
- Thomas Jefferson Estates
- Timberlake
- Town & Country Add
- Town/Decatur
- Twickingham Heights
- Twickingham Heights Add
- University Place
- University Place 2nd Add
- University Place 3rd Add
- Verde Oaks Add
- Virginia
- Virginia 2nd Add
- W Grove PL add
- Wayside Add
- Weirch
- West View Add
- West View Add 04
- Western Add
- Westview 2nd Add
- Weyls Sub
- Wickers North Jasper Acre
- Wilcox Wayside Farms Add
- Wildwood 1st Add
- Wildwood 3rd Add
- Wildwood Manor
- Williams Sub
- Windsor Village 1st Add
- Windsor Village 3rd Add
- Windsor Village 4th Add
- Windsor Village 5th Add
- Windsor Village 7th Add
- Wm Martins 2nd Add
- Woodridge
Market Summary
Current real estate data for Commercial in Decatur as of Oct 31, 2026
46
Commercial Listed
311
Avg DOM
$567,519
Avg List Price
Property Summary
- 248-252 N Park Street Decatur IL is a Commercial for sale in Decatur, IL, 62523. It is listed for $1
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248-252 N Park Street
Decatur, IL