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.
Property Details
Price:
$1,950,000
MLS #:
MRD12760490
Status:
Active
Beds:
0
Baths:
0
Type:
Commercial
Neighborhood:
decatur
Listed Date:
Oct 7, 2026
Total Sq Ft:
34,000
Lot Size:
153,331 sqft / 3.50 acres (approx)
Year Built:
1913
See this Listing
Schools
Interior
Cooling
Central Air, Partial
Exterior
Stories
1
Financial
Tax Year
2025
Taxes
$10,011
Map
Community
- Address1902 N Water Street Decatur IL
- CityDecatur
- CountyMacon
- Zip Code62526
Market Summary
Current real estate data for Commercial in Decatur as of Oct 15, 2026
4
Commercial Listed
217
Avg DOM
$1,750,000
Avg List Price
Property Summary
- 1902 N Water Street Decatur IL is a Commercial for sale in Decatur, IL, 62526. It is listed for $1,950,000
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Copyright 2026. All rights reserved.
1902 N Water Street
Decatur, IL


