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Investment - Homes for Sale in Decatur, IL

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  • /20

    $59,900

    • 2 Beds
    • 1 Bath
    • 976 Sq Ft

    1422 Sedgwick St, Decatur, IL 62521

    This charming 2-bedroom bungalow offers unlimited potential and is being sold as-is by an out-of-state seller. A spacious front porch welcomes you into the living room featuring built-in bookcases and a fireplace. Both bedrooms showcase nice hardwood floors. The unfinished basement is freshly painted, dry, and includes a convenient half bath—perfect for storage, a workshop, or future expansion.

    Valerie Wallace Main Place Real Estate

    1422 Sedgwick St, Decatur, IL 62521
  • /26

    $2,250,000

    • 12,720 Sq Ft

    1740 S Fairview Ave, Decatur, IL 62521

    Prime Investment Opportunity - 65-Unit Multifamily Property Near Millikin University Welcome to an exceptional investment opportunity! This 65-unit residential property offers strong income potential, strategically positioned just 1.5 miles from Millikin University. With a current cap rate of 7.71 0/0 and a GRM of 6.95, this asset is priced based on existing income figures-reflecting the low 66

    Nate Evans eXp Realty-Mahomet

    1740 S Fairview Ave, Decatur, IL 62521
  • /6

    $12,000

    • 3 Beds
    • 1 Bath
    • 1,064 Sq Ft

    1557 W Center St, Decatur, IL 62526

    This Property will be auctioned on Auction dot com - please go to the website, register an account and submit your offer(s). Listed for $12,000. DECATUR BUDGET ENTRY! Estimated as a 3BR/1BA with 1,064 sq ft, 1 car garage and crawl space. Built 1949. Decatur location provides larger city advantages at budget pricing. Target buyers: First-time Decatur investors, budget flippers seeking manageable

    Ryan Widerberg eXp Realty - Chicago North Ave

    1557 W Center St, Decatur, IL 62526
  • /2

    $10,000

    • 1 Bed
    • 1 Bath
    • 750 Sq Ft

    1722 E Johns Ave, Decatur, IL 62521

    INVESTMENT PROPERTY!!!! Priced to Sell Quick! Good Opportunity!!! Small home with great potential! Comes with second Parcel 04-12-13-305-026

    James Carney Glenda Williamson Realty

    1722 E Johns Ave, Decatur, IL 62521
  • /6

    $85,000

    899 W Main St, Decatur, IL 62522

    All-brick multi-family property is located just minutes from downtown Decatur, offering a prime investment opportunity with steady cash flow. The building features three fully-leased units: two one-bedroom apartments upstairs and a spacious two-bedroom unit on the main floor. With all units currently rented and a low-maintenance exterior, this property is a turnkey income generator. Ideal for

    Kristy Frost Main Place Real Estate

    899 W Main St, Decatur, IL 62522
  • /2

    $5,000

    • Land
    • 0.14 Acre
    • $35,714 per Acre

    1329 N Walnut Grove Ave, Decatur, IL 62526

    Investment opportunity in Decatur! This flat, build ready lot is ideally positioned minutes from Millikin University, offering potential for rental opportunity. Located in a neighborhood with established homes near Fairview Park and also provides convenient access to shopping, dining, and everyday amenities, features that are appealing both to tenants and home owners.This parcel presents a

    Sandra Yelovich Brinkoetter REALTORS®

    1329 N Walnut Grove Ave, Decatur, IL 62526
  • /11

    $51,000

    • 2 Beds
    • 1 Bath
    • 800 Sq Ft

    855 S Stone St, Decatur, IL 62521

    Come check out this adorable 2 bedroom ranch located on Decatur's south side. Located on a quiet street this home is within walking distance to several stores and parks! Appliances stay! Perfect investment property or starter home!

    Amanda Good Mtz Realty Services

    855 S Stone St, Decatur, IL 62521
  • /2

    $20,000

    • Land
    • 0.48 Acre
    • $41,667 per Acre

    4845 S Taylor Rd, Decatur, IL 62521

    Discover the potential of this nearly half-acre parcel located in the Meridian School District. Set against open fields that provide a peaceful backdrop, this property combines a quiet country feel with convenient access to everything you need.Enjoy the ease of being just minutes from Decatur, Interstate 72, and Red Tail Run Golf Course, making this location ideal for both everyday living and

    Tim Vieweg Vieweg RE/Better Homes & Gardens Real Estate-Service First

    4845 S Taylor Rd, Decatur, IL 62521
  • /22

    $47,000

    • 2 Beds
    • 1.5 Baths
    • 1,340 Sq Ft

    729 S 22nd St, Decatur, IL 62521

    Looking for your next project, flip or rental investment? This could be the property you have been wanting. Great opportunity for renovation in a desirable location near Nelson Park, the Devon Lakeshore Amphitheatre, and Lake Decatur. This all brick bungalow offers tremendous potential with over 1300 sq ft, 2 beds and 1 1/2 baths. This great lay out features a large kitchen and separate dining

    Matthew Foster RE/MAX REALTY ASSOCIATES-MONT

    729 S 22nd St, Decatur, IL 62521
  • /48

    $325,900

    • 6 Beds
    • 5 Baths
    • 4,514 Sq Ft

    314 W Decatur St, Decatur, IL 62522

    Seize a rare investment opportunity with immediate cash flow (3 of the 4 units occupied - could be 5) and ownership of the historic Ullrich Mansion, once home to John Ullrich, one of Central Illinois' most distinguished figures of the late 1800s and early 1900s. This grand residence, built in 1875, offers over 4,500 square feet of beautifully finished living space. Initially designed in the

    Nicole Pinkston KELLER WILLIAMS-TREC

    314 W Decatur St, Decatur, IL 62522
  • /16

    $2,340,000

    105,111,117 & 133 Elder Ln, Decatur, IL 62522

    Introducing a prime multifamily investment opportunity in Decatur, Illinois. The property consists of 35 units across four parcels, featuring four freestanding buildings, including a duplex that contains the superintendent unit. Constructed between 1964 and 1967, the buildings are a combination of brick, mortar, and frame construction and are zoned B-2 with multifamily permitted use. The property

    Zane Peterson Main Place Real Estate

    105,111,117 & 133 Elder Ln, Decatur, IL 62522
  • /14

    $79,900

    • 3 Beds
    • 1.5 Baths
    • 1,516 Sq Ft

    1585 W Sunset Ave, Decatur, IL 62522

    Perfectly situated near the walking/bike path, DISC, and Millikin University, this home offers both convenience and potential. Inside, you’ll find a living room with a cozy fireplace, a formal dining room, and a family room with sliders leading to the backyard and deck—ideal for relaxing or entertaining. Featuring three spacious bedrooms, this home is ready for your personal touch. With a little

    Junette Randol Glenda Williamson Realty

    1585 W Sunset Ave, Decatur, IL 62522
  • /2

    $82,500

    • 2 Beds
    • 1 Bath
    • 798 Sq Ft

    3935 E Hickory St, Decatur, IL 62526

    Tucked away in a quiet, east-end neighborhood close to the lake, this home offers convenience. Enjoy outdoor living with a large front deck and a second deck off the back—perfect for entertaining, relaxing, or simply taking in the surroundings. The home features two comfortable bedrooms and a functional layout, making it an excellent choice for a first-time buyer or anyone looking to simplify. A

    Megan Jesse Glenda Williamson Realty

    3935 E Hickory St, Decatur, IL 62526
  • /13

    $130,000

    • 5 Beds
    • 3 Baths
    • 2,538 Sq Ft

    1412 W Grove Rd, Decatur, IL 62521

    Investment opportunity! Let your imagination restore this house to your magnificent FIVE bedroom/THREE full bath home! And, it is located on a full acre, perfect for yard games, entertaining, gardening, or ....? The house has a perfect layout for you to add your own colors, flooring, and accessories. Check it out today!

    Randy Grigg Vieweg RE/Better Homes & Gardens Real Estate-Service First

    1412 W Grove Rd, Decatur, IL 62521
  • /19

    $25,500

    • 2 Beds
    • 1 Bath
    • 740 Sq Ft

    1415 N Dennis Ave, Decatur, IL 62526

    This two bedroom, one-bath Decatur bungalow has potential! You'll appreciate its nicely sized backyard and garage with workshop space. Inside, the cozy layout is perfect for an investment property, starter home, or someone looking to downsize. It's within a few blocks of MacArthur High School, too. Check it out! All listing information is taken from public record and is not guaranteed. Rooms

    Laura Davis The Real Estate Shoppe

    1415 N Dennis Ave, Decatur, IL 62526
  • /2

    $45,000

    • 2 Beds
    • 1 Bath
    • 817 Sq Ft

    1225 S Silas St, Decatur, IL 62521

    Southside of town off Lakeshore Drive and Silas. Needs a little TLC but could be a Good Investment or a Home Sweet Home. Opportunity awaits!! A Little Love can make this a Charm. 2 Bedroom 1 Bath with the Lake nearby is something to check out for a good investment.

    James Carney Glenda Williamson Realty

    1225 S Silas St, Decatur, IL 62521
  • /4

    $55,000

    • 2 Beds
    • 1 Bath
    • 792 Sq Ft

    2440 E Wood St, Decatur, IL 62521

    This property presents a great opportunity with a long-term tenant currently in place on a month-to-month lease. Significant updates were completed in 2014, including a new roof, windows, furnace, air conditioning system, and hot water heater, offering added peace of mind and improved efficiency. Whether you’re looking to expand your investment portfolio or plan to make this your own home, the

    LaShawn Fields Franklin KELLER WILLIAMS-TREC

    2440 E Wood St, Decatur, IL 62521
  • /22

    $43,000

    • 3 Beds
    • 2 Baths
    • 1,365 Sq Ft

    644 W Division St, Decatur, IL 62526

    Homes in this price range rarely offer 3 bedrooms and 2 full bathrooms, making this property an exceptional value with great potential. Plenty of space with large rooms throughout, a formal dining room, and a convenient first-floor bedroom. Enjoy the spacious front porch or relax on the backyard patio overlooking the partially fenced yard. Recent updates include a new roof and high-efficiency

    Taylor Corrie RE/MAX Executives Plus

    644 W Division St, Decatur, IL 62526
  • /15

    $89,900

    • 2 Beds
    • 1 Bath
    • 2,058 Sq Ft

    15 Brierwood Dr, Decatur, IL 62521

    Great investment opportunity near Lake Decatur, Scovill Zoo, and the Children's Museum! Ranch style home with tons of potential to either flip or use as a rental property. 2 bedrooms with a huge extra living room that could be converted to a 3rd bedroom with the addition of a closet. Nice screened in porch to enjoy the weather without the hassle of the bugs. Attached 1 car garage that walks into

    Mark Williams Glenda Williamson Realty

    15 Brierwood Dr, Decatur, IL 62521

Home Trends in Decatur, IL

Housing Trends

Median Sale Price
$121,500
Median Single Family Sale Price
$120,000
Median 2 Bedroom Sale Price
$162,500
Median 1 Bedroom Sale Price
$60,000
Average Price Per Sq Ft
$79
Number of Homes for Sale
159
Last 12 months Home Sales
1,014
Months of Supply
1.90
Median List Price
$124,500
Median Change From 1st List Price
2%
Median Home Sale Price YoY Change
6%
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