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 the newly adopted Downtown TIF District.
Property Details
Price:
$675,000
MLS #:
6246082
Status:
Active
Beds:
0
Baths:
0
Address:
248-252 N Park Street
Type:
Commercial
Subtype:
Retail
Subdivision:
North Decatur Add
City:
Decatur
Listed Date:
Oct 2, 2024
State:
IL
ZIP:
62523
Lot Size:
1,946 sqft / 0.04 acres (approx)
Year Built:
1890
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Schools
Interior
Appliances
Electric Water Heater
Cooling
Central Air
Heating
Electric
Exterior
Parking Spots
15
Financial
Tax Year
2023
Taxes
$11,711
Map
Community
- Address248-252 N Park Street Decatur IL
- SubdivisionNorth Decatur Add
- CityDecatur
- CountyMacon
- Zip Code62523
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248-252 N Park Street
Decatur, IL
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