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 | 182 |
| Zoning | M-2 |
Listing Details
| Agent | Zane Peterson |
|---|---|
| Office | Main Place Real Estate |