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2201-2349 E Hubbard Ave
Decatur, IL 62526
Park 101 Building 1 · Industrial Property For Sale
Investment Highlights
- Stabilized multi-tenant small-bay industrial investment opportunity
- Flexible suite configurations catering to a wide range of small to mid-size tenants
- Proximity to Decatur Airport and Norfolk Southern rail lines supporting logistics demand
- Desirable infill location within Decatur’s established industrial submarket, near ADM, Caterpillar, and multiple regional distribution hubs
- Excellent access to U.S. Route 36 and Interstate 72 connecting to Springfield and Champaign
- Strong market fundamentals with limited new construction and stable occupancy levels | Attractive basis priced at $56.85/SF
Executive Summary
The Doughty Industrial Group of Marcus & Millichap is pleased to present for sale the fee-simple interest in 2201–2349 E Hubbard Avenue, located in Decatur, Illinois. The subject property totals approximately 63,322 square feet of functional small-bay industrial space across multiple suites. The property is currently stabilized with a diverse tenant mix, providing reliable cash flow and strong leasing momentum in a market characterized by limited supply of comparable product.
Strategically located within Decatur’s established industrial corridor, the property benefits from direct access to U.S. Route 36 and Interstate 72, providing convenient regional connectivity to Springfield, Champaign, and Bloomington. The site is surrounded by established logistics, manufacturing, and agricultural processing users, including ADM, Caterpillar, and Tate & Lyle, reinforcing the area’s long-standing industrial base and tenant demand.
The purchase of this offering provides investors with an opportunity to acquire a cash-flowing, multi-tenant industrial asset in a Central Illinois market supported by strong industrial fundamentals and limited new supply. At the current list price of $3,600,000 the offering generates an NOI of $282,264 which equates to a capitalization rate of 7.84%.
Strategically located within Decatur’s established industrial corridor, the property benefits from direct access to U.S. Route 36 and Interstate 72, providing convenient regional connectivity to Springfield, Champaign, and Bloomington. The site is surrounded by established logistics, manufacturing, and agricultural processing users, including ADM, Caterpillar, and Tate & Lyle, reinforcing the area’s long-standing industrial base and tenant demand.
The purchase of this offering provides investors with an opportunity to acquire a cash-flowing, multi-tenant industrial asset in a Central Illinois market supported by strong industrial fundamentals and limited new supply. At the current list price of $3,600,000 the offering generates an NOI of $282,264 which equates to a capitalization rate of 7.84%.
Property Facts
| Sale Type | Investment | Rentable Building Area | 63,000 SF |
| Cap Rate | 7.84% | No. Stories | 1 |
| Property Type | Industrial | Year Built | 1977 |
| Property Subtype | Warehouse | Clear Ceiling Height | 14’8” |
| Building Class | C | No. Drive In / Grade-Level Doors | 12 |
| Lot Size | 6.05 AC | ||
| Zoning | M1 - Intense Commercial/Light Industrial | ||
| Sale Type | Investment |
| Cap Rate | 7.84% |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | C |
| Lot Size | 6.05 AC |
| Rentable Building Area | 63,000 SF |
| No. Stories | 1 |
| Year Built | 1977 |
| Clear Ceiling Height | 14’8” |
| No. Drive In / Grade-Level Doors | 12 |
| Zoning | M1 - Intense Commercial/Light Industrial |
Property Taxes
| Parcel Number | 07-07-36-403-002 | Improvements Assessment | $618,262 CAD |
| Land Assessment | $177,227 CAD | Total Assessment | $795,489 CAD |
Property Taxes
Parcel Number
07-07-36-403-002
Land Assessment
$177,227 CAD
Improvements Assessment
$618,262 CAD
Total Assessment
$795,489 CAD
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