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1321 N Oakland Ave - 1321 N Oakland Avenue 0.62 Acres of Commercial Land Offered at $175,000 in Decatur, IL 62526

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INVESTMENT HIGHLIGHTS

  • Prime commercial corner location irregular shaped parcel, centrally located, situated between Illinois Route 48, Grand Avenue, and Oakland Avenue
  • Zoned B-2 Commercial District, zoning covers a wide array of permitted uses
  • Very close proximity to Millikin University, Macarthur High School, and Memorial Hospital.
  • Dense traffic counts totaling 22,750 VPD (according to IDOT)
  • Neighboring retailers include Walgreens, Save-A-Lot, and AutoZone
  • Original family owners dating back to 1940's, now ready to sell

EXECUTIVE SUMMARY

Retail Development Land Available For Sale - Prime commercial corner location irregular shaped parcel, centrally located, situated between Illinois Route 48, Grand Avenue, and Oakland Avenue. Dense traffic counts totaling 22,750 VPD (according to IDOT). Zoned B-2 Commercial District, zoning covers a wide array of permitted uses. Neighboring retailers include Walgreens, Save-A-Lot, and AutoZone. Very close proximity to Millikin University, Macarthur High School, and Memorial Hospital. Original family owners dating back to 1940's, now ready to sell. Perfect opportunity for a free standing drive-thru location. Contact broker for more information.

PROPERTY FACTS

Price $175,000
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use Commercial
Total Lot Size 0.62 AC
Zoning B-2

1 LOT AVAILABLE

Lot

Price $175,000
Price Per AC $282,258.06
Lot Size 0.62 AC

Prime commercial corner location irregular shaped parcel, centrally located, situated between Illinois Route 48, Grand Avenue, and Oakland Avenue

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
04-12-09-285-001
Land Assessment
$43,913
Improvements Assessment
$0
Total Assessment
$43,913
  • Listing ID: 28202347

  • Date on Market: 4/11/2023

  • Last Updated:

  • Address: 1321 N Oakland Ave, Decatur, IL 62526

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