2800 Oakland AveDecatur, IL 62526

  • Warehouses
  • 2.16 AC
For Sale
$279,900 View listing

Property Details for 2800 Oakland Ave

Lot size
2.16 AC
Zone code
MUNICIPAL
Property type
Warehouses
Property subtype
Self storage facilities
APN
04-12-03-151-003
APU
41203151003

Description

This Decatur, IL, industrial property offers a unique investment opportunity. Comprising six buildings totaling 12,976 net rentable square feet on a 2.16-acre lot, this Class D property features a mix of warehouse, flex, and distribution space. The main building, exceeding 2,700 square feet, includes two offices, one bathroom (with plumbing for two more), a utility room, and several additional rooms. Eleven storage units are integrated within this building. A 3,000-square-foot garage addition boasts two overhead swing doors, electricity, a furnace, and 10-foot ceilings. Another building, measuring 1,500 square feet, offers 10-12 foot overhead powered doors, 100-amp service, and 12-foot ceilings. Four additional buildings provide further storage space, ranging from 900 to 1,776 square feet, totaling 5,776 square feet. The property also includes over 20 parking spaces and a fenced area encompassing 1.75 acres. Built in 1930, this multi-tenant property currently houses 60 units, with a ceiling height ranging from 10 to 14 feet. The asking price is $279,900 ($21.57/sq ft, $4,665/unit). The property has a modified lease type and is offered for sale by owner

2800 Oakland Ave, Decatur, Illinois

Location Insight

City
Decatur
County
Macon
State
Illinois
Latitude
39.8729
Longitude
-88.9718
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
$9,588
$52,020
$44,313
$96,333
-
$156,076
$132,952
$289,028

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