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Physicians and Dental Building 2220 N Monroe St 12,898 SF Vacant Office Building Decatur, IL 62526 $250,000 ($19.38/SF)
Executive Summary
2220 N Monroe Street is a 12,898-square-foot, Class C, medical office building situated on 0.24 acres and was constructed in 1970. Positioned at the doorstep of Decatur Memorial Hospital and Monroe Park, ideally located five minutes from Downtown with ample housing options. Value-add opportunity with only one tenant in place and incredible roadway exposure in a prolific healthcare market.
Property Facts
Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Medical
Building Size
12,898 SF
Building Class
B
Year Built
1970
Price
$250,000
Price Per SF
$19.38
Percent Leased
Vacant
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
6,449 SF
Building FAR
1.23
Lot Size
0.24 AC
Zoning
MUNICIPAL
Moderately walkable
60/100
Moderately drivable
70/100
Fairly bikeable
50/100
Property Taxes
| Parcel Numbers | Improvements Assessment | $133,425 | |
| Land Assessment | $41,575 | Total Assessment | $175,000 |
Property Taxes
Parcel Numbers
Land Assessment
$41,575
Improvements Assessment
$133,425
Total Assessment
$175,000
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Physicians and Dental Building | 2220 N Monroe St
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