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236-250 N Water St
Decatur, IL 62523

Barnes-Citizens Building · Office Property For Sale

PROPERTY FACTS

Property Type
Office
Property Subtype
Office/Residential
Building Size
165,198 SF
Building Class
C
Year Built
1909
Tenancy
Multiple
Building Height
12 Stories
Typical Floor Size
13,766 SF
Building FAR
2.03
Lot Size
1.87 AC
Zoning
B-4 - General Business
Parking
309 Spaces (1.87 Spaces per 1,000 SF Leased)

About 236-250 N Water St , Decatur, IL 62523

MAIN PLACE REAL ESTATE is proud to offer this re-development investment opportunity. 236-250 N Water Street is downtown Decatur's tallest building. Now available for sale and ripe for re-development! Situated in the heart of downtown Decatur, within the Enterprise and Opportunity Zones, breathtaking views of Decatur and overlooking Central Park. Popularly known as the Barnes-Citizens Building. Art Deco design constructed by Holabird & Root Engineers consisting of two conjoining "super structure" buildings, constructed with brick, concrete, and steel. The 5 story building was constructed in 1909 and the 12 story tower was completed in 1930. Rich in history and home to countless medical and law firm practices over the years, with banking, retail, and currently radio station on street level spaces. Cafeteria located on 3rd floor, quality office spaces, and lots of marble flooring and walls throughout. Three passenger elevators in the tower and freight elevator in the 5 story section. Ready for multi-family and mix-used re-development. Buildings may be able to be purchased separately. Some As-Built drawings available. Please contact commercial brokers with inquiries.

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 04-12-14-151-002
  • 04-12-14-151-003
  • 04-12-14-151-001
  • 04-12-14-151-005
Land Assessment
$50,328
Improvements Assessment
$227,190
Total Assessment
$277,518
  • Listing ID: 17069605

  • Date on Market: 8/30/2019

  • Last Updated:

  • Address: 236-250 N Water St, Decatur, IL 62523

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