1645 N 21st St | Single-Tenant Net Leased Asset

Property Description

1645 N 21st Street and 1102 Ravina Park are single-tenant commercial assets currently occupied by Abbott EMS Services under triple net (NNN) lease structures, offering investors stable, low-management income. The buildings serve operational and support functions for the tenant, contributing to their strategic importance within the company’s regional footprint. Both properties are available individually or as part of a multi-property portfolio acquisition alongside 417-461 W Wood Street, providing buyers with the opportunity to secure immediate, stabilized cash flow backed by an established essential services operator. The tenant has expressed interest in maintaining occupancy and working with a new owner to structure long-term lease extensions, enhancing the portfolio’s durability and long-term income stability.

Area Description

Located within established commercial and industrial corridors of Decatur, Illinois, 1645 N 21st Street and 1102 Ravina Park benefit from strong access to the city’s primary transportation routes and employment centers. Decatur, with a population of approximately 70,000 residents, serves as the economic hub of Macon County and is anchored by major employers including ADM, Caterpillar, Primient, and Decatur Memorial Hospital. The properties offer convenient connectivity to U.S. Route 36, IL Route 48, and Interstate 72, providing regional access throughout Central Illinois and supporting efficient service logistics. Their locations within active business districts, near light industrial, municipal, and commercial users, create a stable operating environment well-suited for essential service tenants and long-term occupancy.