Active

228-248 W Main Street

Decatur, IL 62521

$795,000 $3,351/Mo

Get Pre-Approved Check your credit

Overview

0.37

Acre(Lot)

Description

RARE downtown investment opportunity has hit the market! This thirteen-unit mixed-use property offers six retail storefronts at street level and seven upstairs apartments, along with an off-street parking lot on the north side. Most units are individually metered, with landlord responsibilities varying by lease. With room to grow income through future rent adjustments and a prime location on historic West Main Street near Millikin University, this property is full of potential. Please do not disturb tenants.

Property Details

Property Type : Land

Price : $795,000

AD Id : 78038121

MLS Id : MRD12637996

Lot Size : 0.37 Acre(Lot)

County : Macon

Map

Features

Water Source

Heating: Natural Gas

Cooling: Central Air show

WaterSource: Municipal Water

Lot Information

Lot Dimensions: 100ft, 161 ft, 80 ft, 201 ft, 120 ft, 134 ft Lot Acres: 0.37 Lot Size: .25-.49 Acre

Property Information

Property Type: Land Sub Type: Land

Listing Price Information

Original List Price:$795000

Tax Information

Annual Tax: $10428.2 Tax Year: 2025 Parcel Number: 121527901300

Utility Information

Electric to Site, Natural Gas Available Water Source: Municipal Water
Location Information

City: Decatur Direction: Head to 228-248 W Main St, Decatur, IL 62521 by getting onto the nearest major highway toward Decatur-most routes will involve taking I-94 or I-196 to connect with I-55 South, then transitioning to US-51 South into Decatur; once in town, follow signs for downtown and W Main Street, where the destination will be in the central downtown area

Sell a home like this and save $47,201 Find out How

How much is this property worth?

Curious about this home's true market value? Use our free Home Evaluation Tool to instantly get a personalized Comparative Market Analysis (CMA) report. Make smarter, data-driven decisions before you buy.

Loading, please wait...

Nearby Home Value

Address	Estimate	Bed	Bath	Sq. Ft	Lot Size
N Woodcock Street, Decatur, IL, 62521	$599,000	--	--	--	40 Acres(Lot)
00 N Woodcock Street, Decatur, IL, 62521	$999,900	--	--	--	65.50 Acres(Lot)

Similar Land To 228-248 W Main Street

Nearby For Sale

Active

$599,000

Land For Sale

N Woodcock Street,
Decatur, IL, 62521

Acres(Lot)

Active

$999,900

Land For Sale

00 N Woodcock Street,
Decatur, IL, 62521

Acres(Lot)

228-248 W Main Street,
Decatur, IL, 62521

Acre(Lot)

17 Country Club Meadows Court,
Decatur, IL, 62561

0.53

Acre(Lot)

Disclaimer: The information being provided courtesy of Midwest Real Estate Data LLC (MRED) as distributed by MLS GRID and is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the Midwest Real Estate Data LLC (MRED). ByOwner.com is not a Multiple Listing Service (MLS), nor does it offer MLS access. ByOwner.com is a broker participant of Midwest Real Estate Data LLC (MRED). This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site.

Based on information submitted to the MLS GRID as of 06/17/2026 @ 18:20. All data is obtained from various sources and may not have been verified by the broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Properties displayed may be listed or sold by various participants in the MLS.
Click here for Consumer use of IDX Listings Disclaimer

Consumer use of IDX Listings Disclaimer: Based on information submitted to the MLS GRID as of 06/17/2026 @ 18:20. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. The data is deemed reliable but is not guaranteed by MLS GRID. The use of the MLS GRID Data may be subject to an end user license agreement prescribed by the Member Participant’s applicable MLS if any and as amended from time to time.

Click here for DMCA Notice

DMCA Notice: The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the “DMCA”) provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked. Notices must be sent in writing by email to DMCAnotice@MLSGrid.com.
“The DMCA requires that your notice of alleged copyright infringement include the following information:
(1) description of the copyrighted work that is the subject of claimed infringement;
(2) description of the alleged infringing content and information sufficient to permit us to locate the content;
(3) contact information for you, including your address, telephone number and email address;
(4) a statement by you that you have a good faith belief that the content in the manner complained of is not authorized by the copyright owner, or its agent, or by the operation of any law;
(5) a statement by you, signed under penalty of perjury, that the information in the notification is accurate and that you have the authority to enforce the copyrights that are claimed to be infringed; and
(6) a physical or electronic signature of the copyright owner or a person authorized to act on the copyright owner’s behalf. Failure to include all of the above information may result in the delay of the processing of your complaint.

ByOwner last updated this listing 06/17/2026 @ 18:20

MLS: MRED #12637996 LISTED BY: Mitchell Cohen, Cove Realty Inc 847-436-3551 SOURCE: Midwest Real Estate Data LLC (MRED) (Listings courtesy of Midwest Real Estate Data LLC (MRED) as distributed by MLS GRID)