1690 Huston DrDecatur, IL 62526

Property Details for 1690 Huston Dr

Lot size

0.51 AC

Zone code

MUNICIPAL

Property type

Office buildings

APN

07-07-36-351-007

APU

70736351007

Description

This exceptional 6,300 square foot office building, located at 1690 Huston Drive in Decatur, Illinois, presents a unique investment opportunity. Constructed in 1980, the property boasts a durable brick exterior and asphalt shingle roof. The building sits on a sizable lot providing 32 convenient parking spaces for employees and visitors. The interior layout is highly functional and versatile, having served for many years as the Macon/Piatt Regional Office of Education. The space includes a welcoming reception area, up to seven private offices, several large open areas ideal for training or conference rooms, substantial storage space, a dedicated breakroom, and three separate restrooms. The zoning designation is M1-Intense Commercial/Light Industrial, offering flexibility for a variety of uses. The property's location is highly advantageous, situated just one block north of East Pershing Road and North Woodford Street, in close proximity to key businesses such as the Illinois Secretary of State Facility, NAPA Auto Parts, and Kirby Risk Electrical Supply, among other retailers. This well-maintained building offers immediate occupancy for a single tenant, presenting a rare opportunity to acquire a substantial and well-located office space in a thriving Decatur commercial area. The zip code is 62526, and the property is in Macon County. The entire 6,300 square feet is currently vacant.

• CAP approach

  CAP return

  Valuation

  6%

  $5,712,288

  6.5%

  $5,272,881

  7%

  $4,896,246

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,715,120

  Geo Method

  $1,715,120

• Alternative Use

  Use

  Valuation

  Residential

  $6,538,372

  Hospitality

  $5,989,114

  Educational

  $4,982,872

  Medical

  $5,154,241

  Retail

  $7,751,135

Location Insight

City

Decatur

County

Macon

State

Illinois

Latitude

39.8801

Longitude

-88.9342

CBSA code

19500

CBSA name

DECATUR, IL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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