Listing provided courtesy of GUTH & ASSOCIATES,LLCMREDas Distributed by MLSGrid- MLS# 12438173MLS Provider

3131 N Water StreetDecatur, IL 62526

Commercial · 6,200 Sq. ft. | 1.17 Acres
$1,400,000 Active

3131 N Water Street Overview

Time on Site:
323 days
Visits:
2

For Sale or Lease | 3131 N Water Street, Decatur, IL. Strategically located along Route 51 Business North & South, this 6,200 SF freestanding building is a rare opportunity for medical, office, or specialty use in a high-visibility corridor. Previously operated as a medical express care facility, the property is ideally configured for healthcare or professional services. This modern facility sits on a 1.17-acre lot and was constructed in 2008 with a functional layout tailored for patient/client flow and staff efficiency. The building is surrounded by retail and service anchors including Brentwood Village Shopping Center, home to Planet Fitness, Kroger, Bob Evans, and Culver's-providing significant consumer draw to the area. Property Features: 12 exam rooms 6 restrooms Spacious waiting/reception area with multiple registration stations Dedicated nurses' station/work area 2 private offices X-ray room Break/conference room Ample parking with 42 spaces Visibility & Traffic: Rt 51 South: 10,000 vehicles/day Rt 51 North: 9,500 vehicles/day Pershing Rd at Rt 51: 19,800 vehicles/day

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3131 N Water Street Facts & Features

  • Type Commercial
  • Sq. ft. 6,200
  • Price/Sq.ft. $226
  • Lot 1.17 Acres

Details

General

Income/Expenses

  • Existing Lease Type: Net
  • Gross Income: 0
  • Gross Scheduled Income: 0
  • Net Operating Income: 0
  • Operating Expense: 0

Building Information

  • Year Built: 2008

Business Information

  • Current Use: Medical/Dental

Location/Region

  • County Or Parish: Macon
  • MLS Area Major: Decatur
  • Township: Hickory Point

Tax Information

  • Tax Annual Amount: $37,634.00
  • Tax Year: 2024

General Information

  • Parcel Number: 070734478004
  • Property Sub Type: Business
  • Property Type: Commercial Sale
  • Zoning: COMMR

Interior

Building Interior

  • Building Area Total: 6200

General Information

  • Cooling: Central Air
  • Electric: Service - 101 to 200 Amps
  • Leasable Area: 6200
  • Stories: 1

Unit Information

  • Unit SqFt.: 6200

Exterior

Lot Information

  • Additional Parcels: No
  • Lot Size Acres: 1.17
  • Lot Size Dimensions: 241x185x301x190
  • Lot Size Square Feet: 50965

3131 N Water Street Neighborhood

Community

62526 (Decatur) Demographics

43
Median Age
495
Population Density (per sq. mile)
27%
College Educated
$40,800
Estimated Median Income
8,305
Estimated Total Home Owners
5,866
Estimated Total Renters
59% / 41%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

3131 N Water Street Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

3131 N Water Street Market Data

Based on the last 30 days in this zip code

$110,882
Average List Price
$66
Average Price per Square Foot
4
Properties Sold
75
Average Days on Market
23
Properties for Sale
Calculations provided by Reliance Network

3131 N Water Street History

Date Event Value Agent
2/3/2026Source: MRED Status Change
Active
1/31/2026Source: MRED Status Change
Active
1/29/2026Source: MRED Added to Database
January 29, 2026
1/26/2026Source: MRED Status Change
Price Change
8/16/2025Source: MRED Status Change
Active
8/11/2025Source: MRED Added to Database
August 11, 2025