Multi-Family + NNN Portfolio Opportunity in Decatur

416 E Wood St, Decatur, IL 62522

Property Information

  • For Sale $800,000
  • Property Type Multi-Family
  • Lot Size 1 Acre
  • Parking Spaces Avail. 38
  • Date Updated Jul 1, 2026

Description

This offering consists of a fully occupied corporate net leased investment portfolio anchored by a single tenant, Abbott EMS Services, across multiple strategically located properties in Decatur, Illinois. The portfolio includes 417-461 W Wood Street, 1645 N 21st Street, and 1102 Ravina Park, all operating under triple net (NNN) lease structures, providing investors with stable, low-management cash flow backed by an established essential services operator. 417 W Wood Street serves as the tenant’s corporate headquarters, while the additional properties support operational, garage, and training functions critical to the tenant’s regional footprint. The portfolio currently generates strong net operating income with below-market rental rates, presenting a significant opportunity for a new owner to increase rents to market over time and realize substantial long-term upside and yield growth. The tenant has expressed a desire to maintain occupancy and continue operations at all locations, creating an attractive opportunity for investors seeking a combination of dependable in-place income, long-term tenancy potential, and future value enhancement through lease restructuring and rental growth.

Contacts

Location

Located at 416 E Wood St, Decatur, IL 62522, this property is part of the Near West Decatur neighborhood.

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