4005 Logan StDecatur, IL 62526

  • Manufacturing properties
  • 0.27 AC
For Sale
$280,000 View listing

Property Details for 4005 Logan St

Lot size
0.27 AC
Zone code
M-1
Property type
Manufacturing properties
APN
04-13-08-102-006
APU
41308102006

Description

This Decatur, Illinois industrial property, located at 4005 E. Logan St., offers 8,085 square feet of manufacturing space in a Class B building constructed in 1980. The property sits on a 0.27-acre lot (APN 04-13-08-102-006) and is zoned M-1. The asking price is $280,000, translating to $34.63 per square foot. Features include one overhead door easily accommodating semi-trucks, a sizable open floor plan ideal for manufacturing or warehousing, an office, and a loft/storage area. The property benefits from its proximity to ADM and convenient access to IL Route 48 and Interstate 72. This well-maintained building presents a fantastic opportunity for businesses seeking to establish or expand their operations in a strategic industrial location. The previous owner operated a machine shop here for over two decades. This quiet, off-road location is surrounded by other industrial businesses. The property is ready for immediate occupancy.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $3,372,338
    Hospitality
    $3,089,044
    Educational
    $2,570,048
    Medical
    $2,658,436
    Retail
    $3,997,853

Location Insight

City
Decatur
County
Macon
State
Illinois
Latitude
39.8618
Longitude
-88.8956
CBSA code
19500
CBSA name
DECATUR, IL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$3,215
$2,095
$35,978
$38,073
-
$6,286
$107,945
$114,231

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