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519-529 E William St 11,402 SF Flex Building Decatur, IL 62523 $260,000 ($22.80/SF)



Executive Summary
Rare opportunity to acquire a downtown Decatur industrial flex property consisting of two mid-century buildings operating as a single facility with one meter and 3-phase electrical service. Features include 10’ drive-in overhead doors, warehouse heaters, and versatile flex space suitable for industrial, storage, fabrication, or service-based users. The 519 building includes a second-level loft with newer HVAC and a full bathroom, offering added flexibility for office, studio, or potential live-work use. This value-add opportunity is ideal for an owner-user or investor seeking a customizable asset with upside in a central location. Property is being sold AS-IS, WHERE-IS.
Property Facts
| Price | $260,000 | Rentable Building Area | 11,402 SF |
| Price Per SF | $22.80 | No. Stories | 1 |
| Sale Type | Investment or Owner User | Year Built | 1964 |
| Property Type | Flex | Tenancy | Single |
| Property Subtype | Light Manufacturing | Clear Ceiling Height | 13’ |
| Building Class | B | No. Dock-High Doors/Loading | 2 |
| Lot Size | 0.21 AC | Opportunity Zone |
Yes
|
| Zoning | MUNICIPAL | ||
| Price | $260,000 |
| Price Per SF | $22.80 |
| Sale Type | Investment or Owner User |
| Property Type | Flex |
| Property Subtype | Light Manufacturing |
| Building Class | B |
| Lot Size | 0.21 AC |
| Rentable Building Area | 11,402 SF |
| No. Stories | 1 |
| Year Built | 1964 |
| Tenancy | Single |
| Clear Ceiling Height | 13’ |
| No. Dock-High Doors/Loading | 2 |
| Opportunity Zone |
Yes |
| Zoning | MUNICIPAL |
1 1
Moderately walkable
60/100
Very drivable
80/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | 04-12-14-154-003 | Improvements Assessment | $26,301 |
| Land Assessment | $6,048 | Total Assessment | $32,349 |
Property Taxes
Parcel Number
04-12-14-154-003
Land Assessment
$6,048
Improvements Assessment
$26,301
Total Assessment
$32,349
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519-529 E William St
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