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32454701
32454702

228 West Main Street, Decatur, IL 62523 For Sale

MC
IL IL 471022000
Cove Realty
Listed by Cove Realty
$795,000
73 days on market
Updated 72 days ago

228 West Main Street

Details
Property Type Multifamily
Sub Type Apartment Building
Square Footage 15,000
Acreage 0.370
Zoning COMMERCIAL
Ground Lease No

13-Unit Mixed-Use Building: Residential & Retail.

Marketing description

RARE Downtown investment property available for sale! This once in a lifetime opportunity features a total of thirteen units, including six retail at street level and seven apartments on the second floor. There is potential to increase income through future rent adjustments. An off-street parking lot is located on the north side, and most units are individually metered, with varying landlord responsibilities. Positioned along historic West Main Street in Decatur, the property is conveniently close to Millikin University. Tenants should not be disturbed, all inquiries should be directed to the brokers listed herein.

Investment highlights

This once in a lifetime opportunity features a total of thirteen units, including six retail at street level and seven apartments on the second floor. There is potential to increase income through future rent adjustments. An off-street parking lot is located on the north side, and most units are individually metered. Property is conveniently close to Millikin University.

Listing Contacts

MC
IL IL 471022000
Cove Realty
Listed by Cove Realty

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Additional Information

Name
Mitchell Cohen
License
IL 471022000
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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