300 E Cerro Gordo StreetNew

Decatur, IL 62523 · Read & Cos Add · MLS #6261829

$98,897
Listed today
Save
Acres
0.22
Type
CommercialSale
Status
Active

Located on the North side of downtown Decatur, this commercial space offers exceptional visibility and access from both US 36 and US 51. With high traffic counts and strong street presence, this property is ready for its next era. Formerly home to a long-standing and well known furniture store, the building features: soaring ceilings ideal for showroom, storage or creative workspace, expansive windows on three sides, four overhead doors for streamlined operations (Franklin Street side), two elevator shafts, and on street parking for customer convenience. Zoned M-2, this space is as flexible as it is functional - a blank space limited only by your imagination. Whether you envision a vibrant business, modern live/work loft, or something entirely new, the potential here is undeniable. Please Note - some windows were damaged during a minor fire and are yet to be replaced.

Features

Water HeaterHot Water

Property Details

Price
$98,897
MLS #
6261829
Status
Active
Type
CommercialSale
Subtype
Warehouse
Subdivision
Read & Cos Add
Listed Date
Nov 10, 2026
Lot Size
9,583 sqft / 0.22 acres
Year Built
1900
County
Macon
Zoning
M-2
Parcel Number
04-12-14-102-001

Interior

Above Grade Finished Area
0
Appliances
Water Heater
Cooling
Other
Heating
Hot Water

Exterior

Stories
5
Sewer
Public Sewer
Water Source
Public

Payment estimate

Estimated monthly
$593/mo
$526 principal & interest$66 taxes

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

Financial

Tax Year
2025
Taxes
$794

Market Summary

Current real estate data for CommercialSale in Decatur as of Nov 10, 2026, from all participating CIBR offices.

CommercialSale Listed
39
Avg Days on Market
259
Avg List Price
$578,763

Location

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Ask a question or request a tour of 300 E Cerro Gordo Street. We'll get right back to you.

Listed by RE/MAX Executives Plus · 217-428-9500. Want to see this property? Call Grissom Schmitz Realty at 217-562-7078.

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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 11/10/2026, 12:36:36 PM (Central Time).