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Listed price in listed location currency (USD).
$2,750,000

00500

MLS® 6257425

  • Key Facts
  • Description
  • Map

Key Facts

Type Office
Levels Commercial Sale
Size -
Garage No
HOA Fees 
Taxes 
Days Active 0
Approx. Age 1958
MLS® Number 6257425

Property Address: 500 S 27th Street, Decatur, IL, 62521

Average square foot calculated using Size range provided by listing agent.

Description

Situated on 25.8 acres overlooking Lake Decatur, this former Headquarters for Illinois Power offers approximately 153, 000 square feet of highly versatile space. Most recently used as a modern ministry and education campus, its multi-wing design currently combines office infrastructure with extensive commons, classroom, hospitality and open multi-purpose rooms. A glass-wrapped main lobby, large café and gathering hall, commercial-grade kitchen, numerous classrooms, create a ready-made environment for any number of potential uses. Expansive parking, 2 out-building's. Exceptional capacity and flexibility for expansion or redevelopment in a rare lake-adjacent in-town setting.Perimeter fencing encloses key portions of the grounds and multiple entrances serve the expansive parking fields. Includes dumb waiter, passenger elevator and service elevator. Out-buildings with a total of 7 overhead doors and 2 sliding doors and 26 covered carports, perfect facilities for fleet management.
MLS® Number6257425
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageNo
Approx. Age1958
Stories2
Pets

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Mar 16, 2026List Date
$2,750,000List Price
  • Commute

Commute

Starting Address
Destination Address
500 S 27th Street, Decatur, IL

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