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Former McDonald's 2799 N 22nd St 2,700 SF Vacant Retail Building Online Auction Sale Decatur, IL 62526
Investment Highlights
- 2799 N 22nd Street is a 2,700-square-foot vacant restaurant on a 1.01-acre commercial parcel with over 225 feet of direct frontage.
- Premier user opportunity to repurpose the second-generation restaurant building of a former McDonald’s, equipped with a commercial kitchen.
- Visible to more than 16,000 daily passing vehicles along N 22nd Street and easily accessible with two curb cuts in place.
- Benefit from synergy off E Pershing Road, a commercial corridor lined with national retailers, QSR, and big-box grocery stores.
Executive Summary
Positioned just 10 minutes north of Downtown Decatur, the subject offers a user-ready opportunity to utilize the restaurant infrastructure at 2799 N 22nd Street.
The second-generation McDonald’s building features a two-window drive-thru, large glass storefront windows, a spacious dining area with booth seating, a point-of-sale counter, and a commercial kitchen. There are over 40 surface parking spaces and two curb cuts off N 22nd Street for easy ingress/egress.
The subject is located just off the N 22nd Street and E Pershing Road interchange, enabling high daily traffic counts and robust commercial synergy. Walgreens, Kroger, Taco Bell, Planet Fitness, Qdoba, Dollar Tree, Popeyes, and UPS are just a few of the commercial tenants anchoring the corridor.
10-mile demographics indicate a growing population of nearly 95,000 residents and over 40,400 households. The average household income exceeds $80,700, and the realm generates a robust spending power of more than $1.1 billion each year. Food and beverage accounts for the largest share of consumer spending, earning just shy of $300 million.
Restaurant operators seeking a high-visibility location are encouraged to capitalize on this rare opportunity to establish or expand their presence at 2799 N 22nd Street. With existing restaurant infrastructure, a drive-thru configuration, a commercial kitchen, ample parking, and exceptional traffic exposure, the property offers a streamlined path to opening and serving customers. Surrounded by national retailers and supported by a growing consumer base with strong spending power, this user-ready location is positioned for long-term success. Prospective users should act now to secure a premier restaurant site in one of Decatur’s most active commercial corridors.
Ownership has additional listings; please see all available listing URLs here:
• 1800 36th Ave, Moline, IL 61265: https://www.loopnet.com/Listing/1800-36th-Ave-Moline-IL/41708014/
• 2920 NE Adams St, Peoria, IL 61603: https://www.loopnet.com/Listing/2920-NE-Adams-St-Peoria-IL/38476259/
• 1050 Valley St, Minerva, OH 44657: https://www.loopnet.com/Listing/1050-Valley-St-Minerva-OH/33910057/
• 661 Griswold Rd, Elyria, OH 44035: https://www.loopnet.com/Listing/661-Griswold-Rd-Elyria-OH/6844303/
• 3034 Mahoning Ave, Youngstown, OH 44509: https://www.loopnet.com/Listing/3034-Mahoning-Ave-Youngstown-OH/41316602/
• 5416 Ridge Ave, Cincinnati, OH 45213: https://www.loopnet.com/Listing/5416-Ridge-Ave-Cincinnati-OH/41708026/
• 7844 North Point Blvd, Winston-Salem, NC 27106: https://www.loopnet.com/Listing/7844-North-Point-Blvd-Winston-Salem-NC/41708021/
• 609 Chemung St, Horseheads, NY 14845: https://www.loopnet.com/Listing/609-Chemung-St-Horseheads-NY/41707996/
• 2810 Florida 71, Marianna, FL 32446: https://www.loopnet.com/Listing/2810-Florida-71-Marianna-FL/41707992/
• 800 US-67, Walnut Ridge, AR 72476: https://www.loopnet.com/Listing/800-US-67-Walnut-Ridge-AR/41791721/
• 1411 E 2nd St, Jamestown, NY 14701: https://www.loopnet.com/Listing/1411-E-2nd-St-Jamestown-NY/41708006/
The second-generation McDonald’s building features a two-window drive-thru, large glass storefront windows, a spacious dining area with booth seating, a point-of-sale counter, and a commercial kitchen. There are over 40 surface parking spaces and two curb cuts off N 22nd Street for easy ingress/egress.
The subject is located just off the N 22nd Street and E Pershing Road interchange, enabling high daily traffic counts and robust commercial synergy. Walgreens, Kroger, Taco Bell, Planet Fitness, Qdoba, Dollar Tree, Popeyes, and UPS are just a few of the commercial tenants anchoring the corridor.
10-mile demographics indicate a growing population of nearly 95,000 residents and over 40,400 households. The average household income exceeds $80,700, and the realm generates a robust spending power of more than $1.1 billion each year. Food and beverage accounts for the largest share of consumer spending, earning just shy of $300 million.
Restaurant operators seeking a high-visibility location are encouraged to capitalize on this rare opportunity to establish or expand their presence at 2799 N 22nd Street. With existing restaurant infrastructure, a drive-thru configuration, a commercial kitchen, ample parking, and exceptional traffic exposure, the property offers a streamlined path to opening and serving customers. Surrounded by national retailers and supported by a growing consumer base with strong spending power, this user-ready location is positioned for long-term success. Prospective users should act now to secure a premier restaurant site in one of Decatur’s most active commercial corridors.
Ownership has additional listings; please see all available listing URLs here:
• 1800 36th Ave, Moline, IL 61265: https://www.loopnet.com/Listing/1800-36th-Ave-Moline-IL/41708014/
• 2920 NE Adams St, Peoria, IL 61603: https://www.loopnet.com/Listing/2920-NE-Adams-St-Peoria-IL/38476259/
• 1050 Valley St, Minerva, OH 44657: https://www.loopnet.com/Listing/1050-Valley-St-Minerva-OH/33910057/
• 661 Griswold Rd, Elyria, OH 44035: https://www.loopnet.com/Listing/661-Griswold-Rd-Elyria-OH/6844303/
• 3034 Mahoning Ave, Youngstown, OH 44509: https://www.loopnet.com/Listing/3034-Mahoning-Ave-Youngstown-OH/41316602/
• 5416 Ridge Ave, Cincinnati, OH 45213: https://www.loopnet.com/Listing/5416-Ridge-Ave-Cincinnati-OH/41708026/
• 7844 North Point Blvd, Winston-Salem, NC 27106: https://www.loopnet.com/Listing/7844-North-Point-Blvd-Winston-Salem-NC/41708021/
• 609 Chemung St, Horseheads, NY 14845: https://www.loopnet.com/Listing/609-Chemung-St-Horseheads-NY/41707996/
• 2810 Florida 71, Marianna, FL 32446: https://www.loopnet.com/Listing/2810-Florida-71-Marianna-FL/41707992/
• 800 US-67, Walnut Ridge, AR 72476: https://www.loopnet.com/Listing/800-US-67-Walnut-Ridge-AR/41791721/
• 1411 E 2nd St, Jamestown, NY 14701: https://www.loopnet.com/Listing/1411-E-2nd-St-Jamestown-NY/41708006/
Data Room Click Here to Access
- Operating and Financials
- Purchase Agreement
- Title and Insurance
- Miscellaneous
Property Facts
Sale Type
Investment
Sale Condition
Auction Sale
Type of Ownership
Fee Simple
Property Type
Retail
Property Subtype
Freestanding
Building Size
2,700 SF
Building Class
B
Year Built
1999
Tenancy
Single
Building Height
1 Story
Building FAR
0.06
Lot Size
1.01 AC
Parcel Number
04-12-01-201-006
Zoning
C2 - Commercial | Municipal
Parking
48 Spaces (20.2 Spaces per 1,000 SF Leased)
Frontage
225’ on North 22nd Street
Amenities
- Drive Thru
Somewhat walkable
30/100
Exceptionally drivable
100/100
Somewhat bikeable
20/100
Demographics
Demographics
1 mile
3 mile
5 mile
2025 Population
1,814
38,267
73,501
2020 Population
1,821
37,860
75,353
2030 Population
1,797
38,049
72,470
2025-2030 Projected Population Growth
-0.9%
-0.6%
-1.4%
Daytime Employees
8,085
30,453
43,047
Total Businesses
359
2,879
4,244
Average Household Income
$52,463
$56,528
$72,609
Median Household Income
$31,057
$40,768
$48,573
Total Consumer Spending
$18.5M
$358.4M
$786.6M
Median Age
40.2
38.7
39.8
2025 Households
895
16,891
31,991
Percent College Degree or Above
6%
8%
12%
Average Home Value
$150,839
$114,025
$154,447
$ values in USD
Nearby Major Retailers
Sale Advisor
Sale Advisor
Max Gellerman, Commercial Sales Associate
Max is a people person, who enjoys developing meaningful relationships with clients. After receiving his B.B.A at the University of Iowa Tippie College of Business, Max spent eight years in Client Sales for one of the Nation’s leading freight brokerages. A native Quad Citian, Max elected to move back to his hometown and joined the Hawkeye Team becoming a member of the fourth generation of his family’s business. By placing an emphasis on relationship building, Max is able to maximize value for his clients, in turn yielding long term successful partnerships.
Max is a member of the Quad Cities Chamber of Commerce, National Realtors Association (NAR), the Iowa CCIM chapter, the International Council of Shopping Centers (ICSC), and the University of Iowa Alumni Association.
Max is a member of the Quad Cities Chamber of Commerce, National Realtors Association (NAR), the Iowa CCIM chapter, the International Council of Shopping Centers (ICSC), and the University of Iowa Alumni Association.
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Auction Contact
Molly Patten
Contact
Auctioneer License:
Ten-X Arlene Richardson RE Brkr 478027045
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3% Transaction Fee
Based on Winning Bid Amount
Minimum Transaction Fee
$20,000 USD
Maximum Transaction Fee
$300,000 USD
Example Calculation
Winning Bid Amount
$5,000,000 USD
Transaction Fee
$150,000 USD (3%)
Total Purchase Price
$5,150,000 USD
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Former McDonald's | 2799 N 22nd St
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Former McDonald's | 2799 N 22nd St
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