2220 N Monroe St | Decatur, IL 62526
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- LoopNet Team
2220 N Monroe St
Decatur, IL 62526
Physicians and Dental Building · Office Property For Sale
INVESTMENT HIGHLIGHTS
- Centrally located five minutes from Downtown Decatur, with easy access to Interstate 72, leading to Springfield, Champaign, and Bloomington.
- Positioned at the doorstep of Decatur Memorial Hospital and Monroe Park near retailers Kroger, Planet Fitness, Bob Evan’s, Dunkin’, and more.
- 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.
- 2220 N Monroe Street is a 12,898-square-foot, Class C medical office building constructed in 1970 on 0.24 acres.
- Value-add opportunity with only one tenant in place and incredible roadway exposure in a prolific health care market.
PROPERTY FACTS
Sale Condition
Auction Sale
Type of Ownership
Fee Simple
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
Parcel Numbers
Zoning
MUNICIPAL
1 of 1
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