This prime mixed-use property on historic West Main Street—just minutes from downtown Decatur and Millikin University—offers an exceptional investment opportunity or the perfect blank canvas to bring your business vision to life.
The main floor has been fully gutted and is ready for a new owner to build to suit, whether it be retail, office, studio, or another exciting venture. With over 7,800 square feet on the main level and a spacious basement (formerly used as a lab), there’s ample room to customize and expand. Upstairs, the eight fully renovated apartments are 100% leased, bringing in over $8,600 in monthly income. These units include a mix of studios, one-bedrooms, and a two-bedroom, all featuring high-end LVT flooring, porcelain-tiled bathrooms, modern kitchens with granite countertops and stainless steel appliances, fire-rated doors, window treatments, updated lighting, and so much more. Whether you’re looking to expand your investment portfolio or open your own space in a high-visibility location, this property combines steady income with serious potential.
The main floor has been fully gutted and is ready for a new owner to build to suit, whether it be retail, office, studio, or another exciting venture. With over 7,800 square feet on the main level and a spacious basement (formerly used as a lab), there’s ample room to customize and expand. Upstairs, the eight fully renovated apartments are 100% leased, bringing in over $8,600 in monthly income. These units include a mix of studios, one-bedrooms, and a two-bedroom, all featuring high-end LVT flooring, porcelain-tiled bathrooms, modern kitchens with granite countertops and stainless steel appliances, fire-rated doors, window treatments, updated lighting, and so much more. Whether you’re looking to expand your investment portfolio or open your own space in a high-visibility location, this property combines steady income with serious potential.
Property Details
Price:
$815,000
MLS #:
6251997
Status:
Active
Beds:
0
Baths:
0
Address:
334 W Main Street
Type:
Commercial
Subtype:
Other
City:
Decatur
Listed Date:
May 13, 2025
State:
IL
ZIP:
62522
Lot Size:
23,864 sqft / 0.55 acres (approx)
Year Built:
1963
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Schools
Interior
Appliances
Gas Water Heater
Cooling
Central Air
Heating
Forced Air, Gas
Exterior
Community Features
Street Lights, Sidewalks
Construction Materials
Brick
Parking Features
On Site
Parking Spots
32
Roof
Asphalt
Security Features
Security System
Financial
Tax Year
2023
Taxes
$14,180
Map
Community
- Address334 W Main Street Decatur IL
- CityDecatur
- CountyMacon
- Zip Code62522
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334 W Main Street
Decatur, IL
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