2220 N Monroe St | Decatur, IL 62526
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2220 N Monroe St
Decatur, IL 62526
Physicians and Dental Building · Office Property For Sale
INVESTMENT HIGHLIGHTS
- 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.
- Value-add opportunity with only one tenant in place and incredible roadway exposure in a prolific healthcare market.
- Positioned at the doorstep of Decatur Memorial Hospital and Monroe Park, ideally located five minutes from Downtown with ample housing options.
- Decatur Memorial Hospital is undergoing a $39 million, three-part project, and nearby St. Mary’s just finished phase one of a $31 million expansion.
PROPERTY FACTS
Property Type
Office
Property Subtype
Medical
Building Size
12,898 SF
Building Class
B
Year Built
1970
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
6,449 SF
Building FAR
1.23
Lot Size
0.24 AC
Zoning
MUNICIPAL
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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