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1902 N Water Street

Decatur, IL 62526
  • $400,000
  • STATUS: Active
  • ON SITE: 40 Days
  • MLS #: 6249533
UPDATED: 49 min ago
$400,000
  • 0
    BEDS
  • 3.52
    ACRES
  • 2
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1959
County:
Area:

School Ratings & Info

Description

Industrial Opportunity at 1902 N Water Street, Decatur, IL. Positioned on 3.5 acres with high visibility from US Route 51, this heavy industrial property is a rare opportunity for businesses seeking expansive warehouse space, secure lay-down areas, and excellent logistics access. Zoned M-2 for Heavy Industrial Use, the property features approximately 29,000 square feet of conjoined warehouse buildings, along with a dedicated sales office. Equipped for efficiency, the warehouse includes 3 overhead drive-in doors and 4 loading docks with levelers, ensuring smooth semi-truck access. A 75' - 100,000 lbs functional truck scale is also included. The site abuts a rail line, providing potential for future rail access. With IDOT traffic counts exceeding 12,000 vehicles per day on northbound US Route 51, this location offers outstanding exposure and access for industrial operations. Priced well below assessed fair market value, this is an exceptional investment or owner-user opportunity.

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© 2025 Central Illinois Board of Realtors MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Main Place Real Estate. Data last updated: 2025-03-19T10:27:45.243.
www.mainplace.us/homes/160103119
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1902 N Water Street Decatur, IL 62526

  • Price: $400,000
  • Status: Active
  • On Site: 40 Days
  • Updated: 49 min ago
  • MLS #: 6249533
0
Beds
2
Baths
0
½ Baths
3.52
Acres
1959
Built
Neighborhood:
Decatur
County:
Macon
Area:
Decatur
Property Description
Industrial Opportunity at 1902 N Water Street, Decatur, IL. Positioned on 3.5 acres with high visibility from US Route 51, this heavy industrial property is a rare opportunity for businesses seeking expansive warehouse space, secure lay-down areas, and excellent logistics access. Zoned M-2 for Heavy Industrial Use, the property features approximately 29,000 square feet of conjoined warehouse buildings, along with a dedicated sales office. Equipped for efficiency, the warehouse includes 3 overhead drive-in doors and 4 loading docks with levelers, ensuring smooth semi-truck access. A 75' - 100,000 lbs functional truck scale is also included. The site abuts a rail line, providing potential for future rail access. With IDOT traffic counts exceeding 12,000 vehicles per day on northbound US Route 51, this location offers outstanding exposure and access for industrial operations. Priced well below assessed fair market value, this is an exceptional investment or owner-user opportunity.
Exterior Features

Construction Materials Brick Cement Siding Steel Foundation Details Slab Levels One Parking Features On Site Parking Total 50 Road Frontage Type Private Road State Road Road Surface Type Concrete Roof Metal Other Rubber Waterfront YN No

Interior Features

Above Grade Finished Area 0 Appliances Water Heater Cooling Other Cooling YN Yes Heating Gas Other Heating YN Yes

Property Features

Building Features Handicap Access Electric 3 Phase Other Lease Considered YN No Owner Pays None Possession Closing Possible Use Industrial Property Condition Under Renovation Property Sub Type Industrial Sewer Other Special Listing Conditions None Tax Annual Amount 16110 Tax Legal Description TRAVERS 1 ST ADD LTS 1-10 BLK 2 TRAVERS 2 ND ADD LT 13 & LT 1 & 2 SUB LT 1 ASSRS SUB NW NW IRREG Tax Year 2023 Water Source Other Zoning M-2

Listing information © 2025 Central Illinois Board of Realtors MLS.
Listing provided courtesy of Cole Babcock of Vieweg RE/Better Homes & Gardens Real Estate-Service First: (217) 450-8500.


© 2025 Central Illinois Board of Realtors MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Main Place Real Estate. Data last updated: 2025-03-19T10:27:45.243.
 
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Main Place Real Estate
101 S Main Street, Suite 700
Decatur IL, 62523