For Lease
$16/SF/YR

2220 Monroe St Decatur, IL 62526

12,898 SF Medical/Office Building, 7+ Suites Available

Property records and analytics

Overview

Added:
Dec 11, 2024
Days on market:
133
This single-story, 12,898-square-foot medical and executive office building, situated on a 1.25-acre lot at 2220 N Monroe St, Decatur, IL 62526 (corner of Monroe St & W Hay St), presents a unique investment opportunity. Built in 1970 and renovated in 2018, the Class C property offers 707 to 2,908 contiguous square feet of space, with a total of 10,915 square feet currently vacant. The building features 55 parking spaces and is conveniently located across from Decatur Memorial Hospital, offering excellent visibility and accessibility. Its prime location also provides proximity to HSHS St. Mary’s Hospital and Millikin University. The property boasts a desirable location overlooking Monroe Park, and benefits from a strong tenant mix. Potential tenants can take advantage of building and monument signage options, a generous tenant improvement allowance, and flexible lease terms. Property taxes are $2.25 per square foot. The zoning is Commercial. This is an exceptional opportunity for medical practices or other businesses seeking a well-located, adaptable space in a thriving community. Minimum divisible space is 707 square feet.

Property Details for 2220 Monroe St

Property type
Office properties, Medical offices
RSF (Rentable sq. ft)
12,898 SF
Class
C
Year Built/Renovated
1970/2018
Buildings
1
Stories
1

Unit(s) available at that property

Space
Partial 1st Floor, Suite 100-0
Size
2,240 SF
Rate per SF
$16
Space
Partial 1st Floor, Suite 104-0
Size
1,799 SF
Rate per SF
$16
Space
Partial 1st Floor, Suite 102-0
Size
785 SF
Rate per SF
$16
Space
Partial 1st Floor, Suite 101-0
Size
1,331 SF
Rate per SF
$16
Space
Partial 1st Floor, Suite 104-A
Size
1,145 SF
Rate per SF
$16
Space
Partial 1st Floor, Suite 105-0
Size
2,908 SF
Rate per SF
$16
Space
Partial 1st Floor, Suite 106-0
Size
707 SF
Rate per SF
$16

Location Insight

City
Decatur
County
Macon
State
Illinois
Latitude
39.865501221301
Longitude
-88.96381156148

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FAQs

What type of property is this?
Office property - 12,898 SF Medical/Office Building, 7+ Suites Available
Where is the office property located?
The property is located at 2220 Monroe St Decatur, IL.
What is the lease rate?
The lease rate is $16/SF/YR.
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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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.
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Contacts

Muhammad Raffay
Visit Broker Website

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Useful Information

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Monroe St
Decatur, IL 62526

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Monroe St
Decatur, IL 62526

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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.

2220 Monroe St
  • Muhammad Raffay
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