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GM Square Homes for Sale

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  • /15

    $19,900

    • 3 Beds
    • 2.5 Baths
    • 2,508 Sq Ft

    1595 N Church St, Decatur, IL 62526

    Lots of space! Has tons of potential. Make it what you want! "Purchasers may use any lender they choose to finance the purchase of a property. However, the seller requires that all non-cash offers must be pre-qualified by Caliber Home Loans, Inc. prior to offer acceptance.

    Agent Photo

    Jenny Wisniewski

    Landmark Realty

    (217) 794-6600

    1595 N Church St, Decatur, IL 62526
  • /2

    $25,000

    • 3 Beds
    • 1 Bath
    • 1,000 Sq Ft

    1914 N Union St, Decatur, IL 62526

    Selling AS-IS , no interior access is allowed.. TOTAL REHAB NEEDED! Perfect for investors!

    Rosa Abdullah Brilliant Real Estate

    1914 N Union St, Decatur, IL 62526
  • /23

    $49,900

    • 4 Beds
    • 2 Baths
    • 1,679 Sq Ft

    1521 N Union St, Decatur, IL 62526

    Welcome Home to 1521 N. Union Street! This home features approximately 1,679 square feet and a detached 1 car garage! Property is Sold AS-IS. Subject to seller addendum. Equal Housing Opportunity

    Frank Rusin Four Seasons Realty, Inc.

    1521 N Union St, Decatur, IL 62526
  • /22

    $32,500

    • 3 Beds
    • 1 Bath
    • 1,800 Sq Ft

    216 W Garfield Ave, Decatur, IL 62526

    If you aren't afraid to roll up your sleeves, here's a great opportunity to own a spacious 3-bedroom home. Property is sold in "as-is" condition.

    Jorge Romero Realty One Group Inc.

    216 W Garfield Ave, Decatur, IL 62526

Why Live in GM Square

GM Square in Decatur is a resilient neighborhood surrounding Decatur Memorial Hospital, one of the city's top employers. The community, home to many lifelong residents, features a mix of bungalows, workers' cottages, Cape Cods and ranch-style homes, many of which are over 100 years old and often need renovations. The city provides grants for roof repairs, utility replacements, and yard cleanings for eligible homeowners. The neighborhood also includes larger American Foursquare and Colonial Revival homes. With home prices from $20,000 to $80,000, GM Square attracts out-of-town investors. Monroe Park offers basketball courts, a playground and a shaded pavilion, and the nearby Hess Park hosts Little League games. The Decatur Family YMCA provides indoor recreation. Dining options include La Gondola Spaghetti House North, known for its family-style pasta and lasagna. Kroger and Aldi are nearby for groceries. Several bus stops are in the neighborhood along Water Street and Monroe Street, and Downtown Decatur is only 2 miles away. Decatur Airport is around a 6-mile drive, and Interstate 72 is about 4 miles away to reach Springfield and Champaign.

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 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 7 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 $53,900. If you put a 20% down payment of $10,800 and had a 30-year fixed mortgage with an interest rate of 6.31%, your estimated principal and interest payment would be $270 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $12K a year to afford the median home price in GM Square. Learn how much home you can afford with our Home Affordability Calculator. 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?
The most popular zip codes in GM Square, Decatur, IL include 62526, 62522, 62521, 62535 and 62544.
What are the most popular neighborhoods near GM Square, Decatur, IL?
The most popular neighborhoods near GM Square, Decatur, IL are Neighborhood Empowerment, Hess Park, Ravina Park, Northland Heights and Fans Field.

Home Trends in GM Square, IL

Housing Trends

Median Sale Price
$40,500
Median Single Family Sale Price
$40,000
Average Price Per Sq Ft
$36
Number of Homes for Sale
4
Last 12 months Home Sales
19
Months of Supply
2.50
Median List Price
$53,900
Median Change From 1st List Price
16%
Median Home Sale Price YoY Change
35%
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