Why Live in GM Square
GM Square in Decatur features a mix of early 20th-century Cape Cods, bungalows, ranch-style homes, and workers' cottages, many of which are over 100 years old and often require renovations. The city provides grants for roof repair, utility replacement, and yard cleaning for eligible homeowners. The neighborhood also includes larger American Foursquare and Colonial Revival homes. Despite some demolitions in the southern end, the area attracts out-of-town investors due to the low home prices. Monroe Park, located near Decatur Memorial Hospital, offers basketball courts, a playground, and a shaded pavilion, while Hess Park, 1 mile east, hosts Little League games and has rentable pavilions. The Decatur Family YMCA provides indoor recreational options. Dining options include La Gondola Spaghetti House North, known for its family-style pasta and lasagna. For shopping, residents frequent the nearby Kroger and Aldi at the intersection of Pershing Road and Water Street. The neighborhood is centrally located, 2 miles north of downtown Decatur, 6 miles northwest of Decatur Airport, and 4 miles south of Interstate 72. Buses run along Water Street and Monroe Street, and residents can park in detached garages, on streets, or in alleyways. Schools in the area include Parsons Elementary, Stephen Decatur Middle School, and MacArthur High School, which offers a program for students to earn an associate's degree during high school.
Frequently Asked Questions
Is GM Square a good place to live?
GM Square is a good place to live. GM Square is considered somewhat walkable and somewhat bikeable. GM Square is an urban core neighborhood. GM Square has 3 parks for recreational activities. It has a median age of 40. The average household income is $46,461 which is below the national average. College graduates make up 18.4% of residents. A majority of residents in GM Square are renters, with 59.2% of residents renting and 40.8% of residents owning their home. A
local real estate agent serving GM Square can help you decide if this neighborhood is the right one for you. Learn more on our
GM Square neighborhood guide.
Is GM Square, IL a safe neighborhood?
GM Square, IL is less safe than the average neighborhood in the United States. It received a crime score of 6 out of 10.
How much do you need to make to afford a house in GM Square?
The median home price in GM Square is $587,450. If you put a 20% down payment of $117,500 and had a 30-year fixed mortgage with an interest rate of 6.74%, your estimated principal and interest payment would be $3,040 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $130K a year to afford the median home price in GM Square. The average household income in GM Square is $46K.
What are the best public schools in GM Square?
The best public schools that serve GM Square are:
What are the best private schools in GM Square?
The best private schools that serve GM Square are:
What are the most popular zip codes in GM Square, Decatur, IL?
What are the most popular neighborhoods near GM Square, Decatur, IL?
Home Trends in GM Square, IL
On average, homes in GM Square, Decatur sell after 129 days on the market compared to the national average of 70 days. The median sale price for homes in GM Square, Decatur over the last 12 months is $606,722, up 64% from the median home sale price over the previous 12 months.
Median Sale Price
$606,722
Median Single Family Sale Price
$649,900
Median 1 Bedroom Sale Price
$910,000
Average Price Per Sq Ft
$295
Number of Homes for Sale
3
Last 12 months Home Sales
26
Median List Price
$587,450
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
64%