1041-1051 E Garfield Avenue, Decatur, IL

$650,000

Active

2.40 Acres

About 1041-1051 E Garfield Avenue

Industrial Investment Opportunity - Secure a solid income-producing asset with this rare offering of two fully leased industrial buildings in Decatur’s established industrial district. Zoned M-2 for heavy industrial use, these properties are strategically positioned to serve a range of manufacturing, distribution, and service operations. Each building is well-maintained, with existing tenants in place, providing immediate and reliable cash flow for investors. The location offers excellent access to major transportation routes, supporting long-term tenant stability and strong occupancy potential. 1041 E Garfield abuts CN rail and was previously rail served with spur. Current tenant does not have rail needs. Both buildings have significant recent capital expenditures: new roof, water main, HVAC, and interior LED lighting. National tenant in the 1041 building has NNN lease structure, the tenant at 1051 has gross lease. Both tenants recently entered a renewal term through Spring 2028.

Facts & Features

MLS® # 6254606
Price $650,000
Bathrooms 0.00
Acres 2.40
Year Built 1958
Type Commercial
Sub-Type Industrial
Status Active
Taxes $8,558
Tax Year 2023

Community Information

Address 1041-1051 E Garfield Avenue
City Decatur
County Macon
State IL
Zip Code 62526

Amenities

Is Waterfront No
Has Pool No

Interior

Appliances Electric Water Heater
Heating Other
Cooling Other
Fireplace No
# of Stories 1
Stories One

Additional Information

Date Listed August 13th, 2025
Days on Market 62
Zoning M-2

Listing Details

AgentZane Peterson
OfficeMain Place Real Estate

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