1524 N Water Street
Decatur, IL 62526 · MLS #6260187
Value-Add / Redevelopment Opportunity! 3/4 Acre lot, situated alongside one of Decatur's main, four-lane, roads - N Water St. Averaging over 11,000 vehicles per day, this property offers great visibility and accessibility. The 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 commercial or multi-family redevelopment. Tax amount shown includes all four parcels
Features
Property Details
- Price
- $40,000
- MLS #
- 6260187
- Status
- Active
- Type
- CommercialSale
- Subtype
- Apartment
- Listed Date
- Aug 9, 2026
- Lot Size
- 0 sqft / 0.75 acres
- Year Built
- 1940
- County
- Macon
- Zoning
- MUN
- Parcel Number
- 04-12-11-152-017
Interior
- Above Grade Finished Area
- 0
- Appliances
- Gas Water Heater
- Basement
- Unfinished, Full
- Cooling
- Central Air
- Heating
- Forced Air, Gas
- Levels
- Two
Exterior
- Construction Materials
- Brick
- Foundation
- Basement
- Roof
- Rubber, Shingle
- Stories
- 2
- Road Surface
- Asphalt
- Sewer
- Public Sewer
- Water Source
- Public
Payment estimate
Estimate for planning only — actual payment depends on your loan. Talk to your lender.
Financial
- Tax Year
- 2025
- Taxes
- $2,482
Market Summary
Current real estate data for CommercialSale in Decatur as of Oct 29, 2026, from all participating CIBR offices.
Location
See this listing
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Listed by Brinkoetter REALTORS® · (217) 875-0555. Want to see this property? Call Grissom Schmitz Realty at 217-562-7078.
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