For Sale
$230,000

Albany Pl Decatur, IL 62521

Adult community, 18 acres, prime location.

Overview

Added:
Dec 11, 2024
Days on market:
132
This exceptional 18.2-acre parcel in Decatur, Illinois, presents a unique investment opportunity. The property, zoned R-3, comprises 15 undeveloped duplex lots, ready for immediate development. Approved floor plans for both three-bedroom, two-bathroom and two-bedroom, two-bathroom units are in place, streamlining the construction process. This development is specifically designed for an adult community (55+). Its strategic location offers unparalleled convenience, situated approximately one mile from Lake Decatur and Decatur Airport, and minutes from US 36 (18,600 AADT). The property benefits from proximity to a thriving shopping district, anchored by major retailers such as Walmart and Kroger, along with numerous other amenities including Walgreens, Rural King, medical facilities, movie theaters, and fast-food restaurants. Decatur's location provides easy access to major cities, including Springfield, Bloomington-Normal, Champaign-Urbana, St. Louis, Indianapolis, and Chicago, making it an attractive location for residents and investors alike. The property's APN is 09-13-19-477-049. The asking price for this exceptional land opportunity is $230,000.

Highlights

  • Approved floor plans for 2- and 3-bedroom duplex units are in place.
  • Ready for immediate development of 15 duplex lots.
  • Excellent location near shopping (Walmart, Kroger), medical facilities, and entertainment.
  • Targeted towards the 55+ adult community market.

Property Details for 0 Albany Pl

Property type
Land
Lot Size (sq. ft)
792,792 SF

Location Insight

City
Decatur
County
Macon
State
Illinois
Latitude
39.823478757388
Longitude
-88.898550036663

FAQs

What type of property is this?
Land - Adult community, 18 acres, prime location.
Where is the land located?
The property is located at Albany Pl Decatur, IL.
What is the asking price?
The asking price for this property is $230,000.
What are key features of this property?
This property features: Approved floor plans for 2- and 3-bedroom duplex units are in place.; Ready for immediate development of 15 duplex lots.; Excellent location near shopping (Walmart, Kroger), medical facilities, and entertainment.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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0 Albany Pl
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