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104 S Route 51
Forsyth, IL 62535
Phillips 66 · Retail Property For Sale

Investment Highlights

  • High Visibility from Rt 51
  • Desirable Demographics
  • Signalized corner with excellent traffic counts
  • Ready for Redevelopment.

Property Facts

Property Type
Retail
Property Subtype
Service Station
Building Size
8,000 SF
Building Class
C
Year Built
2000
Building Height
1 Story
Building FAR
0.09
Lot Size
2.00 AC
Zoning
Municipal
Parking
20 Spaces (2.5 Spaces per 1,000 SF Leased)
Frontage
505’ on Route 51 South

About 104 S ROUTE 51 , FORSYTH, IL 62535

Decatur and Central Illinois is OPEN FOR BUSINESS! This Established Gas Station/Convenient Store/Restaurant FOR SALE or FOR LEASE is one of several opportunities to buy a Value Add asset. Aggressive Owner/Operator can capture Up Side. Located on heavily trafficked Business Route 51 with traffic count of 30,500 vehicles per day. Decatur/Forsyth area is located very close to the geographic center of Illinois. Surrounded by: Bloomington 40 miles to the north, Springfield 43 miles to the west and Champaign/Urbana 47 miles to the east, Decatur is also convenient and central to Chicago 179 miles to the north, Indianapolis 174 miles to the east, and St Louis 139 miles to the southwest. Decatur is home to ADM and has CAT, Tate & Lyle and Decatur Memorial Hospital among its other major employers. Millikin University, Richland Community College and several excellent public school systems also serve the area. The burgeoning economic powerhouse for the area is Decatur's Midwest Inland Port Intermodal Facility. Providing direct access to 3 class 1 railroads, 5 major highways and an airport with category 1 instrument landing system and runways capable of supporting wide-bodied aircraft. Access to over 95 million consumers within a 500 mile radius.

Property Taxes

Property Taxes

Parcel Number
07-07-14-101-027
Land Assessment
$35,098
Improvements Assessment
$265,639
Total Assessment
$300,737
  • Listing ID: 17995617

  • Date on Market: 12/18/2019

  • Last Updated:

  • Address: 104 S Route 51, Forsyth, IL 62535

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