Rezoning
Decatur, IL
4/ 5
High impact
Bedrock impact score
Action type
Rezoning
Asset class
Multifamily / Residential
Status
On municipal record
Filed
2026-08-03
Jurisdiction
Decatur, IL
Days on record
Not dated
Approx — jurisdiction center
01Investment highlights
Why this deal matters
- Rezoning in Decatur, IL · Multifamily / Residential
- Bedrock impact score 4 of 5 — High impact
- A rezoning away from R-3/M-2 classifications signals a land-use change that could open new development opportunities or reposition existing parcels
- Watch for the full ordinance text to confirm destination zone and affected parcels.
02Deal summary
The rationale
A rezoning away from R-3/M-2 classifications signals a land-use change that could open new development opportunities or reposition existing parcels — watch for the full ordinance text to confirm destination zone and affected parcels.
Decatur, IL City Council introduced an ordinance on August 3, 2026 to rezone properties from R-3 Single Family Residence District and M-2 (likely Manufacturing/Industrial) district — destination zone not captured in the truncated title.
03Deal facts
The filing record
- Jurisdiction
- Decatur, IL
- Action type
- Rezoning
- Asset class
- Multifamily / Residential
- Status
- On municipal record
- Filed
- 2026-08-03
- Days on record
- Not dated
04Location
Where this sits
Decatur, IL
39.85600, -88.93370 · approximate (jurisdiction center)
Street view
At street level
Area demographics
Macon County
104,688
Population
$53,725
Median HH income
43,810
Households
$533
Median rent
U.S. Census · ACS 5-year
Nearby amenities
Within ~1 mile
20 Transit
7 Schools
19 Dining
1 Grocery
1 Banks
4 Parks
Points of interest · Google Places
05Record timeline
Filing to current status
- Filed with jurisdiction2026-08-03On the municipal record
- Scored by BedrockRelevance 4 / 5Automated land-use signal