3090 N Main Street, Decatur, IL
$1,247,500
Active
0.88 Acres
About 3090 N Main Street
Main Place Properties proudly presents an exceptional investment opportunity in Decatur, Illinois. This well-maintained commercial property is a 10,160 square foot building on a sizable 38,333 square foot lot, offering investors a stable and lucrative asset. Property Highlights: Tenant Stability: The property hosts three established tenants, all on Triple Net (NNN) leases, ensuring minimal landlord responsibilities and a consistent revenue stream. Attractive Financials: With an 8% capitalization rate, this property offers strong returns and a reliable income for savvy investors. Quality Construction: The building is well-constructed and maintained, reducing potential maintenance costs and preserving property value.
Facts & Features
| MLS® # | 6243975 |
|---|---|
| Price | $1,247,500 |
| Bathrooms | 0.00 |
| Acres | 0.88 |
| Year Built | 1994 |
| Type | Commercial |
| Sub-Type | Office |
| Status | Active |
| Taxes | $25,659 |
| Tax Year | 2022 |
Community Information
| Address | 3090 N Main Street |
|---|---|
| City | Decatur |
| County | Macon |
| State | IL |
| Zip Code | 62526 |
Amenities
| Is Waterfront | No |
|---|---|
| Has Pool | No |
Interior
| Appliances | Electric Water Heater |
|---|---|
| Heating | Electric |
| Cooling | Central Air |
| Fireplace | No |
| # of Stories | 1 |
| Stories | One |
Additional Information
| Date Listed | July 25th, 2024 |
|---|---|
| Days on Market | 278 |
| Zoning | MUN |
Listing Details
| Agent | Zane Peterson |
|---|---|
| Office | Main Place Real Estate |