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1321 N Oakland Ave
Decatur, IL 62526

1321 N Oakland Avenue · Land For Sale · 0.62 AC

Investment Highlights

  • Prime commercial corner location irregular shaped parcel, centrally located, situated between Illinois Route 48, Grand Avenue, and Oakland Avenue
  • Zoned B-2 Commercial District, zoning covers a wide array of permitted uses
  • Very close proximity to Millikin University, Macarthur High School, and Memorial Hospital.
  • Dense traffic counts totaling 22,750 VPD (according to IDOT)
  • Neighboring retailers include Walgreens, Save-A-Lot, and AutoZone
  • Original family owners dating back to 1940's, now ready to sell

Executive Summary

Retail Development Land Available For Sale - Prime commercial corner location irregular shaped parcel, centrally located, situated between Illinois Route 48, Grand Avenue, and Oakland Avenue. Dense traffic counts totaling 22,750 VPD (according to IDOT). Zoned B-2 Commercial District, zoning covers a wide array of permitted uses. Neighboring retailers include Walgreens, Save-A-Lot, and AutoZone. Very close proximity to Millikin University, Macarthur High School, and Memorial Hospital. Original family owners dating back to 1940's, now ready to sell. Perfect opportunity for a free standing drive-thru location. Contact broker for more information.

PROPERTY FACTS

Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use Commercial
Total Lot Size 0.62 AC

1 Lot Available

Lot

Price $251,379 CAD
Price Per AC $405,450 CAD
Lot Size 0.62 AC

Prime commercial corner location irregular shaped parcel, centrally located, situated between Illinois Route 48, Grand Avenue, and Oakland Avenue

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
04-12-09-285-001
Land Assessment
$60,233 CAD
Improvements Assessment
$0 CAD
Total Assessment
$60,233 CAD

zoning

Zoning Code B-2
B-2
  • Listing ID: 28202347

  • Date on Market: 2023-04-11

  • Last Updated:

  • Address: 1321 N Oakland Ave, Decatur, IL 62526

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