$495,000
0.1± Acres
Active
Macon County, IL
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160-190 N Merchant Street, Decatur, Illinois

MLS ID: 6258578
Status: Active
Price: $495,000
Acres: 0.1±
Type: Business, Commercial
Address: 160-190 N Merchant Street
City, State: Decatur, IL
County: Macon County
ZIP Code: 62523
Lat/Long: 39.842362, -88.955413
Parcel Number: 04-12-15-282-041
Year Built: 1880

Description

Historic mixed-use investment opportunity in the heart of Downtown. The 'Post Building', originally constructed in 1888, is a three-story brick storefront property surrounded by downtown dining, boutiques, entertainment, offices, public services, and civic activity. The building includes a mix of restaurant, retail, office, and residential, offering both stabilized income potential and upside through lease-up of available space.

The property totals approximately 12,291 square feet and features multiple street-level commercial spaces, upper-floor office/flex space, and a furnished apartment currently used for corporate housing and short-term rental guests. The first floor is configured for two storefront commercial spaces and common area with elevator and staircase. Street level spaces include Goodfella's Cigars and a vacant space that was longtime home to downtown pizza and pub operation. Upper levels spaces include an office lease, Taproot Restaurant, and residential loft.

Additional Information

Interior

Appliances: Water Heater
Living Area Source: Public Records

Exterior

Lot Size Area: 0
Lot Size Square Feet: 4,328
Lot Size Units: Acres
Parking Total: 5
Stories: 3
Water Source: Public

Financial/HOA/Schools

Days On Market: 40
Subdivision Name: Decatur
Tax Annual Amount: 6196
Zoning: COM

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Brandon Peteroccelli

Brandon Peteroccelli

Moweaqua, Illinois

(217) 706-1440

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All information should be independently reviewed and verified for accuracy. IDX information is provided exclusively for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information current as of October 9, 2026 at 12:22:16 AM UTC.

Listing information provided courtesy of the Central Illinois Board of REALTORS®. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed accurate by the MLS.

Listed By: Zane Peterson of Main Place Real Estate - (217) 454-8800