About This Home

This 0-bedroom, 0-bathroom commercial at 1902 N Water Street in Decatur, IL is listed for $1,950,000. Built in 1913, on a 3.50 acres lot.

Key Features

  • Built in 1913
  • 3.50 acre lot

Property Details

1 story
1913

Amenities

A/C
Listing Description

Exceptional M-2 zoned industrial property situated on 3.5 acres with outstanding visibility along Business US Route 51/N. Water St. The property features three commercial buildings totaling approx. 33,455 sq ft., plus a 2400 sq.ft. residence, providing tremendous flexibility for a variety of industrial, warehouse, storage or business uses.

The main warehouse contains 28,500 sq,ft. and features 4 loading docks and 5 overhead doors. A 100,000 lb truck scale adds additional functionality for trucking, distribution, and industrial operations. This property has undergone extensive improvements, including a full exterior cleanup, new concrete in select areas, rolled millings, and interior

and exterior renovations The large fenced and gated lot provides substantial lay-down and outdoor space. Security features include 15 cameras, exterior lighting, and alarm systems on two buildings. The property is serviced with 3 separate single-phase electrical meters, providing flexibility for multiple operations or users.

Additional buildings provide office/shop space and excellent opportunities for storage, self-storage operation, indoor or outdoor storage, contractor use, equipment storage, distribution or other M-2 permitted uses. Located on the highly visible US ROUTE 51 corridor, the property benefits from strong daily traffic exposure. IDOT traffic counts exceeding 12,000 vehicles per day.

Monthly Cost Estimate

$10,429/mo

20% down · 6.5% · 30 years

Principal$1,410
Interest$8,450
Insurance$569

Estimates only. Actual payments may vary.

Location

1902 N Water Street

Decatur, IL 62526

Property Details

Cooling

Central AirOther (Cooling)

Questions & Answers

This 0-bedroom, 0-bathroom commercial at 1902 N Water Street is listed at $1,950,000. The estimated monthly payment is $10,429 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1913, 3.50 acre lot.

This property is listed by Kimberly Romine.

KR

Kimberly Romine

Agent at RE/MAX Rising

Listed by RE/MAX Rising · Broker phone: (309) 275-9333 · Broker website

MLS# 12760490· Source: Midwest Real Estate Data, LLC· 22 days on PropertySimple

Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

1902 N Water Street, Decatur, IL 62526

Open this listing in: