Investment - Homes for Sale in Decatur, IL

Charming Single-Story Investment Property with Established Tenant!Perfect opportunity for investors! This 2 bedroom, 1 bath single-story home is currently tenant-occupied and producing steady income. Featuring a functional floor plan, spacious living area, and a bright kitchen, this property offers comfortable living with reliable returns.Call for a showing today before it's gone.

Jennifer Miller Main Place Real Estate

This inviting 3-bedroom, 1.5-bath raised ranch has so much to offer! With laminate or hardwood flooring throughout, the home already has a great foundation—just add your finishing touches to make it truly shine. The spacious basement is easily finishable, giving you endless possibilities for additional living space, a rec room, workshop, or whatever fits your lifestyle. Tons of potential for

Valerie Wallace Main Place Real Estate

This turnkey 11-unit multifamily building has been fully renovated from top to bottom within the last 12 months, featuring new windows, updated bathrooms, modern flooring, and more. Located just steps from the heart of Downtown Decatur, this well-maintained property offers an attractive mix of one-bedroom, one-bathroom units, along with one two-bedroom, one-bath unit. Its central location

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

Well-Maintained Home with Strong Potential This property at 8 Kater Dr, Decatur, IL 62521 offers solid bones and a functional layout, making it a great option for a buyer looking to personalize cosmetic finishes or move in and enjoy it as-is. The home is fully livable in its current condition, with the opportunity to update over time based on personal taste. An ideal fit for both owner-occupants

Krystal Hudson EJC REAL ESTATE SERVICES

GREAT INVESTMENT OPPORTUNITY! Adorable two bedroom, one bath house looking for its new owner. It offers everything to be on one level, including washer and dryer hookups. Outside, you can enjoy a bonus side lot that is shaded by trees.

Alivia Ohm Beck Realtors, Inc.

Investment opportunity - currently occupied with a tenant, and their lease will transfer to the new owner. This 2 bed/1 bath home with 2-car detached garage is centrally located in the Hillcrest subdivision, near the West End. Tenant maintains yard and is responsible for all utilities except trash. Updates over the years include vinyl siding, replacement windows, roof. 24hr notice needed for a

Joe Doolin Brinkoetter REALTORS®

Affordable Investment Opportunity – Ready for Renovation!Located at 1159 E Mueller Ave in Decatur, IL, this 2-bedroom, 1-bath property is a great project for flippers or buy-and-hold investors. With a functional layout and a full basement, there’s plenty of room to add value and increase equity. Ideal for a fix-and-flip or to add to a rental portfolio, this home sits on a residential street

Trenton Horn Mtz Realty Services

Charming, affordable, and recently remodeled, this 3-bedroom, 1-bath home is waiting for its new owner. Step inside to an inviting open layout filled with natural light, showcasing fresh paint, new flooring, and an updated kitchen and bathroom. A low-maintenance metal roof adds peace of mind for years to come. The home feels larger than it looks, offering comfortable living spaces throughout.

Taylor Corrie RE/MAX Executives Plus

This home presents a practical opportunity for a new owner or investor. The home offers solid potential with space to update and personalize, making it a strong fit for those looking to build equity or expand a rental portfolio. Whether used as a primary residence or an income-producing investment, 1458 N Union St offers a promising chance to add value and make it your own. Room sizes are

Trenton Horn Mtz Realty Services

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

Welcome to 724 W Center, your next home or maybe your next investment opportunity. Improvements include a newer furnace installed in 2020, updated kitchen cabinets and sink, a new bathroom vanity, sink, and toilet, along with fresh interior paint and new flooring completed in 2025. These updates provide a clean and comfortable living space with many key improvements already completed.

Trenton Horn Mtz Realty Services

Charming investment opportunity at 1283 S Illinois in Decatur, IL being offered AS-IS. Utilities are currently off; a flashlight is recommended for basement viewing. Boasts modern vinyl plank flooring throughout the main level, a stylish updated tub surround, and a contemporary backsplash. With minimal cosmetic touch-ups, this property is nearly rent-ready for its next tenant.***Could be sold

Jason Rogers Coldwell Banker R.E. Group

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 area primed for updates and personal touches. Hardwood flooring and a few original built-ins add to the

Matthew Foster RE/MAX REALTY ASSOCIATES-MONT

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

Welcome to your next home or investment opportunity in Decatur! This charming 3-bedroom, 2-bathroom ranch offers a comfortable and inviting living space. The spacious living room features a built-in bookcase and seamlessly connects to the dining area, perfect for entertaining. The kitchen is conveniently located adjacent to the dining area and offers easy access to the attached 2-car garage. Down

Nate Evans eXp Realty

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

A rare investment opportunity: a 26-space mobile home park located in a stable, income-producing niche.This asset offers both immediate cash flow and upside potential from rent growth, lot fill-out, and value-add management.

Joshua Burgener Josh Burgener Auction & Realty

Opportunity awaits! This two unit home would be a great investment property or you can live in one unit and rent the other. Both units are two bedrooms with one bath. Both offer beautiful woodwork and lots of closet space. The furnaces are both newer for peace of mind. Other updates include exterior paint, roof, hot water heater and more. Call your realtor today.

Sarah Edwards Brinkoetter REALTORS®

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

Potential investment opportunity or affordable option for a homeowner. This 2 bedroom, 1 bathroom home has original hardwood floors and is freshly painted. There is a detached garage behind the home, perfect for parking or hobbies. Seller is offering a home warranty to the new owner. Selling AS IS.

Joe Doolin Brinkoetter REALTORS®