1524 N Water Street, Decatur, IL
$40,000
Active
0.75 Acres
About 1524 N Water Street
Value-Add / Redevelopment Opportunity! 3/4 Acre lot, situated alongside one of Decatur's main, four-lane, roads - N Water St. Averaging over 11,000 vehicles per day, this property offers great visibility and accessibility. The building formerly served as an insurance office on the main floor and a two bedroom, one bathroom apartment on the top floor. Great opportunity for a commercial or multi-family redevelopment. Tax amount shown includes all four parcels
Facts & Features
| MLS® # | 6260187 |
|---|---|
| Price | $40,000 |
| Acres | 0.75 |
| Year Built | 1940 |
| Type | Commercial |
| Sub-Type | Apartment |
| Status | Active |
| Taxes | $2,482 |
| Tax Year | 2025 |
Community Information
| Address | 1524 N Water Street |
|---|---|
| City | Decatur |
| County | Macon |
| State | IL |
| Zip Code | 62526 |
Amenities
| Features | Street Lights, Sidewalks |
|---|---|
| Is Waterfront | No |
| Has Pool | No |
Interior
| Appliances | Gas Water Heater |
|---|---|
| Heating | Forced Air, Gas |
| Cooling | Central Air |
| Has Basement | Yes |
| Basement | Unfinished, Full |
| Fireplace | No |
| # of Stories | 2 |
| Stories | Two |
Exterior
| Roof | Rubber, Shingle |
|---|---|
| Construction | Brick |
| Foundation | Basement |
Additional Information
| Date Listed | August 9th, 2026 |
|---|---|
| Days on Market | 32 |
| Zoning | MUN |
Listing Details
| Agent | Austin Deaton |
|---|---|
| Office | Brinkoetter REALTORS® |