Administrative Office For Sale

1501 N Water Street, Decatur, IL 62526

  • For Sale $199,000
  • Property Type Office - General Office
  • Property Size 6,140 SF
  • Building Class A
  • Year Built 1978
  • Date Updated Jul 30, 2025
SUBD LOT 13 SE1/4 NE1/4 ALL LT 7 & ASSESSORS SUB OF LT 1, LOTS 1 & 2 (EX S8.5) 177X190.96All-brick, single-story office building available for sale or lease on high-traffic Route 51 with over 10,000 vehicles per day, just one mile north of downtown Decatur. Formerly used as a medical clinic, the building offers a flexible interior layout, partial basement with full bathroom ideal for storage, and professional curb appeal with a concrete parking lot. Significant updates completed in 2024 include a new roof, new gutters, new 5-ton AC unit, two new 96% efficiency furnaces, a built-in microwave oven, and compliance with Decatur’s updated fire code (passed August 2024). Seller financing / Contract for Deed (CFD) available with acceptable down payment—contact brokers for terms. A great opportunity for owner-users or investors seeking visibility, functionality, and recent capital improvements.Property for Sale or Lease || Seller Financing (CFD) Available || All-brick, single-story office building located on highly traveled Route 51, with a traffic count of over 10,000 vehicles per day. Situated within one mile north of downtown Decatur, this well-maintained property features a concrete parking lot. Formerly a medical clinic with a very flexible layout. Includes a partial basement ideal for record storage, complete with a full bathroom. Seller financing / Contract for Deed (CFD) available with acceptable down payment - contact brokers for terms. Strong visibility, professional curb appeal, and versatile interior use make this a great opportunity for owner-users or investors.
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Location

Getting Around

  • Walk Score ®

    56/100 Somewhat Walkable
  • Bike Score ®

    53/100 Bikeable
Powered by Walk Score ®
  • City Decatur, IL
  • Neighborhood GM Square
  • Zip Code 62526

Points of Interest

  • Mobil

    1.21 miles

  • Kroger

    1.42 miles

  • Marathon;Circle K

    1.42 miles

  • County Market Express

    1.71 miles

  • Huck's Food & Fuel

    1.79 miles

  • Circle K

    2.42 miles

  • Corner Gas Station

    2.47 miles

  • Casey's General Store

    2.71 miles

  • Shell

    4.00 miles

  • Lot M1

    1.16 miles

  • Lot M2

    1.26 miles

  • Lot M4

    1.27 miles

  • Lot M3

    1.27 miles

  • Lot M7

    1.47 miles

  • Lot M5

    1.49 miles

  • Lot M8

    1.53 miles

  • Lot M9

    1.59 miles

  • Lot M11

    1.59 miles

  • Lot M10

    1.60 miles

  • INTOWN MOTEL

    0.99 miles

  • Soy City Motel

    1.38 miles

  • Decatur Inn

    1.47 miles

  • Sandy's Motel

    1.79 miles

  • Lakeview Motel

    3.15 miles

  • Baymont Decatur

    3.69 miles

  • Holiday Inn Express

    3.80 miles

  • Country Inn & Suites

    3.80 miles

  • Ramada Limited

    3.88 miles

  • Americas Best Value Inn

    4.03 miles

  • McDonald's

    1.09 miles

  • Pizza Hut

    1.12 miles

  • Subway

    1.15 miles

  • Krekel's Custard

    1.23 miles

  • Culver's

    1.36 miles

  • PT's BBQ

    1.38 miles

  • Wendy's

    1.42 miles

  • Taco Bell

    1.42 miles

  • Dunkin'

    1.42 miles

  • Popeyes

    1.43 miles

  • William Harris Elementary School

    0.54 miles

  • Saint Thomas School

    0.64 miles

  • Saint Johns School

    0.76 miles

  • Durfee Elementary School

    0.77 miles

  • Saint Patricks School

    0.83 miles

  • Coppenbarger Elementary School

    1.02 miles

  • Centennial Junior High School

    1.02 miles

  • Saint Teresa High School

    1.10 miles

  • Saint Pauls School

    1.14 miles

  • Saint James School

    1.22 miles

  • Baby Talk

    2.06 miles

  • Kids-N-Fitness

    2.35 miles

  • Decatur Daycare

    2.40 miles

Frequently Asked Questions

How much does Administrative Office For Sale cost?

The space currently listed for sale at Administrative Office For Sale asks for $199,000.

What is the total square footage of Administrative Office For Sale?

Administrative Office For Sale totals 6,140 square feet.

When was this property built?

Administrative Office For Sale was built in 1978.

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