1591 N Water StreetPrice Reduced

Decatur, IL 62526 · MLS #6259551

$370,000
Listed 74 days ago
Save
Acres
0.49
Type
CommercialSale
Status
Active

Industrial Flex / Office Showroom -- Available For Sale or Lease -- Versatile industrial flex property offering approximately 9,510 square feet of office and warehouse space on a 0.49-acre corner lot at the intersection of N Water Street (US Route 51) and Division Street in Decatur, Illinois. Originally constructed in 1998, the masonry and steel-frame building features approximately 2,330 square feet of finished office space with a reception area, conference room, private office, open work area, break room, and four restrooms. The warehouse provides an efficient open layout with 14'-17' clear height, a 9' x 10' dock door with leveler, 10' x 12' drive-in overhead door, mezzanine storage, warehouse heated and cooled with RTU, and 3-phase, 800-amp, electrical service, making it well suited for light manufacturing, distribution, service contractors, printing, fabrication, or other industrial users.

Features

Electric Water Heater

Property Details

Price
$370,000
MLS #
6259551
Status
Active
Type
CommercialSale
Subtype
Industrial
Listed Date
Jul 2, 2026
Lot Size
21,344 sqft / 0.49 acres
Year Built
1998
County
Macon
Zoning
B-2
Parcel Number
04-12-10-278-033

Interior

Above Grade Finished Area
0
Appliances
Electric Water Heater
Cooling
Other
Heating
Other
Levels
One

Exterior

Stories
1
Sewer
Public Sewer
Water Source
Public

Payment estimate

Estimated monthly
$3,001/mo
$1,969 principal & interest$1,031 taxes

Estimate for planning only — actual payment depends on your loan. Talk to your lender.

Financial

Tax Year
2024
Taxes
$12,376

Market Summary

Current real estate data for CommercialSale in Decatur as of Sep 14, 2026, from all participating CIBR offices.

CommercialSale Listed
35
Avg Days on Market
273
Avg List Price
$604,717

Location

See this listing

Ask a question or request a tour of 1591 N Water Street. We'll get right back to you.

Listed by Main Place Real Estate · 217-422-3335. Want to see this property? Call Grissom Schmitz Realty at 217-562-7078.

Similar listings nearby

CommercialSale in Decatur, closest first.

Disclaimer: All data relating to real estate for sale on this site 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 Grissom Schmitz Realty include the name of the listing broker. Neither the listing company nor Grissom Schmitz Realty 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. All properties are subject to prior sale, changes, or withdrawal.

Copyright 2026 Central Illinois Board of Realtors. All rights reserved. This site was last updated 9/14/2026, 3:23:03 PM (Central Time).