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 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 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 $55,000. If you put a 20% down payment of $11,000 and had a 30-year fixed mortgage with an interest rate of 6.18%, 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?
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 38 days on the market compared to the national average of 53 days. The median sale price for homes in GM Square, Decatur over the last 12 months is $45,000, up 30% from the median home sale price over the previous 12 months.
Median Sale Price
$45,000
Median Single Family Sale Price
$42,750
Average Price Per Sq Ft
$39
Number of Homes for Sale
4
Last 12 months Home Sales
18
Median List Price
$55,000
Median Change From 1st List Price
14%
Median Home Sale Price YoY Change
30%