www.crexi.com - The Commercial Real Estate Exchange
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
13719554
13719555

765 E Pythian Ave, Decatur, IL 62526

AT
IL IL475.135026
Coldwell Banker Commercial Devonshire Realty
DF
IL 471.020902
Coldwell Banker Commercial Devonshire Realty
Listed by Coldwell Banker Commercial Devonshire Realty
$650,000
940 days on market
Updated 7 days ago

Industrial Property For Sale

Details
APN 04-12-02-178-014
Property Type Industrial
Sub Type Warehouse
Square Footage 22,744
Tenancy Vacant
Price per SqFt $29
Year Built 1966
Zoning M1- Intense Commercial/Light Industrial

Industrial | 22,744 SF

Marketing description

Property Description

Coldwell Banker Commercial Devonshire Realty (CBCDR) is proud to offer for Sale this industrial building located in Decatur, IL. The property features three structures; Main Building (19,000 SF), Maintenance Shop (3,744 SF), and Tool Shed (484 SF) built in 1966. The Main building is comprised of; 18’ clear heights, 3 dock doors, 1 drive in door, 385 SF two story office, 600 AMP 480V 3-Phase pawer, and 1 restroom. The building was formally used for plant based oil refining and received a new roof around 2016. The Maintenance building features; 14’7” clear heights, heat, electricity, plumbing (no restroom), and 2 drive in doors (pass through). The Tool Shed is a small 22’ x 22’ shed on the far west of the property. The entire property is fenced with roughly 2 acres of lot/laydown yard.

Area Description

The property is located off Martin Luther King Jr Dr. and E. Pythian Ave, just south of Pershing Rd. in North Decatur. The area is surrounded by a mixed use of industrial users, residential properties, and retail. Decatur IL is centrally located lying 40 miles east of Springfield (IL), 45 miles south of Bloomington-Normal, 50 miles southwest of Champaign-Urbana, 135 miles northeast of St. Louis (MO), 150 miles west of Indianapolis (IN), and 180 miles southwest of Chicago.

Investment highlights

Abundant Laydown Area

On premises maintenance shop

Fenced yard

Newer Roof

Well maintained facility

Listing Contacts

AT
IL IL475.135026
Coldwell Banker Commercial Devonshire Realty
DF
IL 471.020902
Coldwell Banker Commercial Devonshire Realty
Listed by Coldwell Banker Commercial Devonshire Realty

Valuation Calculator

Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
$
$
%
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$--
$--

Valuation Metrics

0
DSCR
--
Cap Rate
--
ROI

Map

Broker Selected Comps View More Comps

Property History

Intelligence Badge

Tax History

Intelligence Badge

Similar Properties

View All

Additional Information

Name
AJ Thoma III, CCIM, SIOR
License
IL475.135026
Title
Illinois
Name
Dana Flinn-Freeland
License
471.020902
Brokerage
Coldwell Banker Commercial Devonshire Realty
Brokerage Phone
2173183496
Title
Executive Broker Associate
Brokerage Address
200 West Springfield Avenue
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
Is there information that looks off?
For assistance, reach out to our support team at [email protected] or call 888.273.0423 . For press inquiries, contact [email protected]
Equal Housing Opportunity
5510 Lincoln Blvd #400, Los Angeles, CA 90094Commercial Real Estate Exchange, Inc.Crexi Technologies, LLCCXTechnology, LLC
© 2026 Commercial Real Estate Exchange, Inc. All Rights Reserved. DRE #02086591