Multi-Family + NNN Portfolio Opportunity in Decatur

For Sale

416 E Wood St, Decatur, IL 62522

This Decatur property for sale is located at 416 E Wood St. The current listed sale price for Multi-Family + NNN Portfolio Opportunity in Decatur is $800,000. Multi-Family + NNN Portfolio Opportunity in Decatur is situated on a lot that is 1 acre in size.

Contacts

Nick Ragle

Coldwell Banker Commercial Devonshire Realty

Property Details

  • Property Type Multi-Family
  • Lot Size 1 Acre
  • Parking Spaces Avail. 38
  • Date Updated Jul 3, 2026
This offering consists of a fully occupied corporate net leased investment portfolio anchored by a single tenant, Abbott EMS Services, across multiple strategically located properties in Decatur, Illinois. The portfolio includes 417-461 W Wood Street, 1645 N 21st Street, and 1102 Ravina Park, all operating under triple net (NNN) lease structures, providing investors with stable, low-management cash flow backed by an established essential services operator. 417 W Wood Street serves as the tenant’s corporate headquarters, while the additional properties support operational, garage, and training functions critical to the tenant’s regional footprint. The portfolio currently generates strong net operating income with below-market rental rates, presenting a significant opportunity for a new owner to increase rents to market over time and realize substantial long-term upside and yield growth. The tenant has expressed a desire to maintain occupancy and continue operations at all locations, creating an attractive opportunity for investors seeking a combination of dependable in-place income, long-term tenancy potential, and future value enhancement through lease restructuring and rental growth.
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Attachments

Getting around

  • 81/100

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  • 63/100

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Location

  • City Decatur, IL
  • Neighborhood Near West Decatur
  • Zip Code 62522

Points of Interest

  • Mobil

    0.71 miles

  • Circle K

    1.29 miles

  • Corner Gas Station

    1.31 miles

  • Casey's General Store

    1.58 miles

  • Huck's Food & Fuel

    1.89 miles

  • Marathon;Circle K

    2.32 miles

  • Kroger

    2.59 miles

  • County Market Express

    2.88 miles

  • Shell

    3.65 miles

  • Lot M5

    0.58 miles

  • Lot M1

    0.59 miles

  • Lot M2

    0.59 miles

  • Lot M3

    0.59 miles

  • Lot M4

    0.61 miles

  • Lot M10

    0.75 miles

  • Lot M8

    0.80 miles

  • Lot M9

    0.82 miles

  • Lot M7

    0.86 miles

  • Lot M11

    0.90 miles

  • INTOWN MOTEL

    1.04 miles

  • Soy City Motel

    1.58 miles

  • Decatur Inn

    2.64 miles

  • Sandy's Motel

    2.93 miles

  • Lakeview Motel

    2.97 miles

  • Americas Best Value Inn

    3.67 miles

  • Hampton Inn Decatur Mt. Zion

    4.67 miles

  • Hawthorn Suites

    4.82 miles

  • Baymont Decatur

    4.87 miles

  • Country Inn & Suites

    4.97 miles

  • Kroger

    1.29 miles

  • Save-A-Lot

    1.99 miles

  • County Market

    2.95 miles

  • Target

    3.47 miles

  • Walmart Supercenter

    4.16 miles

  • ALDI

    4.64 miles

  • Kohl's

    5.30 miles

  • Hickory Point Mall

    5.38 miles

  • Von Maur

    5.39 miles

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