1524 Water Street
Decatur, IL, 62526
$60,000
Beds
0 Baths
0 SqFt
0.75 Acres
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Value-Add Opportunity! This building formerly served as an insurance office on the main floor and a two bedroom, one bathroom apartment on the top floor. Great opportunity for a Duplex/Triplex or redevelopment. All brick building, replacement windows, three car detached garage, and a large 3/4 acre lot (4 parcels) on a very high traffic road.

Property Details

Price:
$60,000
MLS #:
6250785
Status:
Active
Beds:
0
Baths:
0
Type:
Commercial
Subtype:
Apartment
Listed Date:
Mar 4, 2025
Lot Size:
32,670 sqft / 0.75 acres (approx)
Year Built:
1940

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Schools

Interior

Appliances
Gas Water Heater
Cooling
Central Air
Heating
Forced Air, Gas

Exterior

Community Features
Street Lights, Sidewalks
Construction Materials
Brick
Parking Spots
20
Roof
Rubber, Shingle

Financial

Tax Year
2021
Taxes
$2,062

Map

Community

Subdivisions in Decatur

Market Summary

Current real estate data for Commercial in Decatur as of Sep 15, 2025
48
Commercial Listed
115
Avg DOM
$387,846
Avg List Price

Property Summary

    1524 Water Street Decatur IL is a Commercial for sale in Decatur, IL, 62526. It is listed for $60,000

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disclosure
Courtesy of Brinkoetter REALTORS®. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the Central Illinois Board of Realtors. Detailed information about real estate listings held by brokerage firms other than Phil Dressen Realtors include the name of the listing broker. Neither the listing company nor Phil Dressen Realtors shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2025. . All rights reserved.
Rover IDX
1524 Water Street
Decatur, IL