For Lease
$36/SF/YR

1902 Water St Decatur, IL 62526

3.5-acre industrial warehouse, high visibility.

Property records and analytics

Overview

Added:
Dec 11, 2024
Days on market:
132
This exceptional industrial property, located at 1902 N. Water Street in Macon County, presents a rare opportunity. The 3.52-acre lot boasts a highly visible location on US Route 51, experiencing over 12,000 vehicles daily (per IDOT). The property features approximately 29,000 square feet of improved space, primarily comprised of connected warehouse buildings and a separate sales office. The warehouse itself offers efficient operations with four loading docks equipped with levelers, ensuring seamless semi-truck access, and three drive-in doors. Adding to its functionality is a 75-foot, 100,000-pound capacity truck scale. The property is fully fenced, providing secure storage and ample lay-down space. The site is zoned M-2 for Heavy Industrial Use, allowing for a wide range of applications. While the property abuts a rail line, a spur is not currently in place. Built in 1913 and renovated in 1996, this property offers a blend of character and modern functionality. The asking price is significantly below the assessed fair market value, making this an exceptional investment opportunity. The APN is 04-12-11-101-015.

Highlights

  • Industrial property totaling 29,000 square feet.
  • Single-tenant warehouse on a 3.52-acre lot in Macon County.
  • Features 4 loading docks, 4 dock-high doors, and 3 drive-in doors.
  • Zoned MUN (Heavy Industrial Use) with excellent visibility from US Route 51.
  • Built in 1913, renovated in 1996; includes a 75' truck scale.

Property Details for 1902 Water St

Property type
Warehouses, Industrial properties
RSF (Rentable sq. ft)
29,000 SF
Year Built/Renovated
1913/1996

Unit(s) available at that property

Space
Size
29,000 SF
Rate per SF
$36

Location Insight

City
Decatur
County
Macon
State
Illinois
Latitude
39.861117853305
Longitude
-88.954631274949

Nearby Similar for Lease

  • For Lease
    $4/SF/YR

    Decatur Warehouse: Prime Location

    Versatile industrial space, ideal for food businesses

    2015 Olive St
    Decatur, IL
    View Details
  • For Lease Call for price

    Decatur Warehouse - 439,177 SF

    Massive industrial warehouse, Decatur, IL. Multiple tenants welcome.

    625 South Side Dr
    Decatur, IL
    View Details
  • For Lease
    $4.50/SF/YR

    Central IL Warehouse Space For Lease

    34,200 SF Industrial Space Available

    3473 Rupp Pkwy
    Decatur, IL
    View Details
  • For Lease
    $4/SF/YR

    Decatur Industrial Space For Lease

    7,200 SF Flex/Warehouse Space in Decatur, IL

    3519 Rupp Pkwy
    Decatur, IL
    View Details
  • For Lease
    $84/SF/YR

    Decatur Industrial Flex Space

    7,000 SF Flex Space - For Sale or Lease

    1020 Eldorado St
    Decatur, IL
    View Details
  • For Lease
    $3.75/SF/YR

    Prime Macon County Industrial Space

    100,000 SF Warehouse/Manufacturing Space

    815 Kenwood Ave
    Decatur, IL
    View Details

FAQs

What type of property is this?
Warehouse - 3.5-acre industrial warehouse, high visibility.
Where is the warehouse located?
The property is located at 1902 Water St Decatur, IL.
What is the lease rate?
The lease rate is $36/SF/YR.
What are key features of this property?
This property features: Industrial property totaling 29,000 square feet.; Single-tenant warehouse on a 3.52-acre lot in Macon County.; Features 4 loading docks, 4 dock-high doors, and 3 drive-in doors.
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.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].

Contacts

Zane Peterson
Zane Peterson
Visit Broker Website

Learn more

Useful Information

Request information

Water St
Decatur, IL 62526

Message sent successfully
Error
If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.

Water St
Decatur, IL 62526

Message sent successfully
Error

Email this Information

Link copied to clipboard
Message sent successfully
Error

Disclaimer

The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.

We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.

By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.

1902 Water St
  • Zane Peterson
    Zane Peterson
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your first name
Please enter your last name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Select size
Please enter message

Sign Up

Already
a member?
By creating an account, you agree to
the Terms of service and acknowledge Privacy policy.

Just one more step, let’s verify your email

We have sent a verification link to

Please check your inbox to complete the process. Just click on the link in that email to complete your Sign up. If you don’t see it, you may need to check your spam folder.

Email verification link expired

It seems that the verification link has expired. No worries! We can send you a new link to

Log In

Don't have
an account?
Forgot password?

Reset your password

New to
Paperhouses?

Enter the email address associated with your account and we'll send you a link to reset your password.

Reset your password
Enter the email address associated with your account and we'll send you a link to reset your password.
New to Paperhouses?

Check your email

We've resent password reset instructions to if it is an email on file.

Please check again. If you still haven't received an email, try a different email.

Check your email

Thanks! If matches an email we have on file, then we've sent you an email containing further instructions for resetting your password. If you haven't received an email in 5 minutes, check your spam, resend, or try a different email.