Main Place Properties proudly presents an exceptional investment opportunity in Decatur, Illinois. This well-maintained commercial property is a 10,160 square foot building on a sizable 38,333 square foot lot, offering investors a stable and lucrative asset. Property Highlights: Tenant Stability: The property hosts three established tenants, all on Triple Net (NNN) leases, ensuring minimal landlord responsibilities and a consistent revenue stream. Attractive Financials: With an 8% capitalization rate, this property offers strong returns and a reliable income for savvy investors. Quality Construction: The building is well-constructed and maintained, reducing potential maintenance costs and preserving property value.
Property Details
Price:
$1,247,500
MLS #:
6243975
Status:
Active
Beds:
0
Baths:
0
Address:
3090 N Main Street
Type:
Commercial
Subtype:
Office
City:
Decatur
Listed Date:
Jul 25, 2024
State:
IL
ZIP:
62526
Lot Size:
38,333 sqft / 0.88 acres (approx)
Year Built:
1994
See this Listing
Mortgage Calculator
Schools
Interior
Appliances
Electric Water Heater
Cooling
Central Air
Heating
Electric
Exterior
Parking Spots
35
Financial
Tax Year
2022
Taxes
$25,659
Map
Community
- Address3090 N Main Street Decatur IL
- CityDecatur
- CountyMacon
- Zip Code62526
Similar Listings Nearby
- 845 Route 51 Highway
Forsyth, IL$1,499,000
3.14 miles away
- 849 Us-51 Highway
Forsyth, IL$1,299,000
3.13 miles away
- 3241 N Woodford Street
Decatur, IL$1,250,000
1.04 miles away
- 1004 W Eldorado Street
Decatur, IL$1,250,000
2.37 miles away
- 2950 Water Street
Decatur, IL$1,250,000
0.20 miles away
- 3185-3195 Grand Prix Drive
Decatur, IL$957,000
1.45 miles away
3090 N Main Street
Decatur, IL
LIGHTBOX-IMAGES