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 Sep 14, 2026, from all participating CIBR offices.
Location
See this listing
Ask a question or request a tour of 1524 N Water Street. We'll get right back to you.
Listed by Brinkoetter REALTORS® · (217) 875-0555. Want to see this property? Call Grissom Schmitz Realty at 217-562-7078.
Similar listings nearby
CommercialSale in Decatur, closest first.
Listed by Main Place Real EstateListed by Main Place Real EstateListed by Main Place Real EstateListed by Vieweg Real EstateListed by Main Place Real EstateListed by Keller Williams RevolutionListed by Brinkoetter REALTORS®Listed by Main Place Real Estate