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1645 N 21st St
Decatur, IL 62526

$85,000 USD

Police Fire Station For Sale  •  1,843 SF

Property Details

• Property Type Police Fire Station
• Total Building Size 1,843 SF
• Lot Size 0.64 AC
• Building Class C
• Year Built 1960
• Cap Rate 9.97 %
• Zoning B2

40 Walk Score

Highlights

Fully Occupied Corporate NNN Investment Portfolio

Single Essential Services Tenant Across All Assets

Tenant Commitment to Long-Term Occupancy and Operational Continuity

Strong In-Place Net Operating Income with Low Management Requirements

Below-Market Rents Provide Significant Future Upside Potential

Property Flyers

417-461 W Wood St OM 5.11.26

Financial Summary (Proforma)

Net Operating Income: $14,744 USD (2027)

Cap Rate:

9.97 %