For Sale
$175,000

1321 Oakland Ave Decatur, IL 62526

0.62 Acres, B-2 Zoning, High Traffic

Overview

Added:
Dec 11, 2024
Days on market:
131
This exceptional 0.62-acre commercial land parcel in Decatur, Illinois, presents a unique investment opportunity. Located at 1321 N. Oakland Avenue (APN 04-12-09-285-001), this property boasts a prime location at the intersection of major thoroughfares, experiencing high traffic counts of 22,750 vehicles per day, according to the Illinois Department of Transportation. The B-2 zoning allows for a wide range of commercial uses, making it ideal for various retail developments, including a potential free-standing drive-thru location. Its strategic position between Illinois Route 48, Grand Avenue, and Oakland Avenue places it in close proximity to established businesses such as Walgreens, Save-A-Lot, and AutoZone, ensuring high visibility and accessibility. Furthermore, its proximity to Millikin University, MacArthur High School, and Memorial Hospital guarantees a substantial and diverse customer base. The property's irregular shape offers flexibility in design and development. Offered at $175,000, this land represents a rare chance to acquire a well-situated commercial lot with significant development potential, held by the original family owners since the 1940s. This is a truly exceptional opportunity for investors seeking a high-traffic, centrally located commercial property in a thriving community.

Highlights

  • 0.62-acre commercial land parcel in Decatur, IL, at 1321 N. Oakland Ave (APN 04-12-09-285-001).
  • High-traffic location (22,750 VPD) at major thoroughfare intersection.
  • B-2 zoning allows for diverse commercial uses, including drive-thru potential.
  • Prime location near Walgreens, Save-A-Lot, and AutoZone, ensuring high visibility.
  • Proximity to Millikin University, MacArthur High School, and Memorial Hospital provides a large customer base.
  • Offered at $175,000.

Property Details for 1321 Oakland Ave

Property type
Land
Lot Size (sq. ft)
27,007 SF

Location Insight

City
Decatur
County
Macon
State
Illinois
Latitude
39.855119689533
Longitude
-88.973472052563

FAQs

What type of property is this?
Land - 0.62 Acres, B-2 Zoning, High Traffic
Where is the land located?
The property is located at 1321 Oakland Ave Decatur, IL.
What is the asking price?
The asking price for this property is $175,000.
What are key features of this property?
This property features: 0.62-acre commercial land parcel in Decatur, IL, at 1321 N. Oakland Ave (APN 04-12-09-285-001).; High-traffic location (22,750 VPD) at major thoroughfare intersection.; B-2 zoning allows for diverse commercial uses, including drive-thru potential.
How can I contact the broker?
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1321 Oakland Ave
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