Investment - Homes for Sale in Decatur, IL

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  /11

  $15,000

  • 2 Beds
  • 1 Bath
  • 912 Sq Ft

  522 E Johnson Ave, Decatur, IL 62526

  **Investor Opportunity or Affordable First Home!** Opportunities like this don't come around often! This charming **2-bedroom cottage** is tucked away in a quiet, private neighborhood on a dead-end street, offering peace and privacy while remaining just minutes from major roads, shopping, dining, and everyday conveniences. Located near **Hess Park, Mueller, and The Elms**, this home features

  

  Renee Sommer

  County Line Realty

  522 E Johnson Ave, Decatur, IL 62526
• Explore Decatur

• 

  

  

  /16

  $275,000

  Pending

  • 7 Beds
  • 6 Baths
  • 7,730 Sq Ft

  357 W Decatur St, Decatur, IL 62522

  Step into a piece of Decatur history with the iconic Powers Mansion. A rare opportunity to restore one of the area’s most recognized historic homes. Rich with character and architectural detail, this grand estate is ready for a visionary buyer to bring it back to life. Featuring 7 bedrooms, an approximately 1,300 sq ft ballroom ideal for entertaining or events, and even an elevator, the

  

  Trisha Beck

  Beck Realtors, Inc.

  357 W Decatur St, Decatur, IL 62522
• 

  

  /2

  $23,500

  $16K PRICE DROP Pending

  • 4 Beds
  • 2 Baths
  • 3,000 Sq Ft

  423 S Webster St, Decatur, IL 62521

  Income potential. Two story home with layout suitable for multi-unit or dual living setup. With the right renovations, this property could offer strong rental returns. Sold as-is, bring your ideas and make it your next investment. All room dimensions and total square footage will be updated soon.

  

  Trisha Beck

  Beck Realtors, Inc.

  423 S Webster St, Decatur, IL 62521
• 

  

  

  /15

  $20,000

  $3K PRICE DROP

  • 3 Beds
  • 1 Bath
  • 960 Sq Ft

  1601 E Moore St, Decatur, IL 62521

  Bring your toolbelt! 3 Bedrooms with 1 bath, endless possibilities for investment property!

  Jenna Devore Mtz Realty Services

  1601 E Moore St, Decatur, IL 62521
• 

  

  

  /10

  $45,000

  $13K PRICE DROP

  • 2 Beds
  • 1.5 Baths
  • 1,125 Sq Ft

  759 S 22nd St, Decatur, IL 62521

  This home features 2 large bedrooms and oversizes 2 car garage. Desirable corner lot close to park. dining and Decatur's premier lakeside attractions. Nice starter home or investment opportunity that needs refurbishing. Location location!

  R. Kent Portis Mtz Realty Services

  759 S 22nd St, Decatur, IL 62521
• 

  

  /24

  $55,000

  • 2 Beds
  • 1 Bath
  • 924 Sq Ft

  1675 E Clay St, Decatur, IL 62521

  Charming Home with Endless Potential! Welcome to 1675 E. Clay Street in Decatur! This inviting home offers comfortable living in an established neighborhood with convenient access to schools, shopping, restaurants, and parks. Step inside to find a welcoming layout filled with natural light and plenty of space to make your own. Whether you’re searching for your first home, looking to downsize, or

  Amanda Good Mtz Realty Services

  1675 E Clay St, Decatur, IL 62521
• 

  

  /8

  $379,000

  164 N Park Place, Decatur, IL 62522

  Discover a prime investment opportunity with this multifamily property located within walking distance of Millikin University. Boasting 18-bedrooms : 16 tenant bedrooms fully furnished with queen and/or twin bed, mattress and dresser. 2 of the bedrooms with full baths used for facility director located on main floor. 4.5 tenant bathrooms-all full baths have showers and were remodeled in the last

  Tonya Feller Glenda Williamson Realty

  164 N Park Place, Decatur, IL 62522
• 

  

  /13

  $99,897

  $16K PRICE DROP

  • 3 Beds
  • 1 Bath
  • 895 Sq Ft

  510 E Pierson Ave, Decatur, IL 62526

  This updated 3-bedroom, 1-bathroom home offers a fresh & modern interior. Enjoy brand-new flooring throughout the entire home, leading you into a completely renovated, stylish kitchen and an updated bathroom. Rest easy knowing the newer roof, windows, furnace, and water heater will keep your utility bills low and your maintenance worries at bay for years to come. Whether you are a first-time

  Jim Cleveland RE/MAX Executives Plus

  510 E Pierson Ave, Decatur, IL 62526
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  /7

  $39,900

  Under Contract

  • 2 Beds
  • 1 Bath
  • 906 Sq Ft

  1659 N Maple Ave, Decatur, IL 62526

  Charming and move-in ready, this 2-bedroom bungalow is full of character and modern updates! The covered front porch is just waiting for a porch swing, creating the perfect spot to enjoy your morning coffee or unwind at the end of the day. Inside, you'll find freshly painted walls, new vinyl plank flooring throughout, and a kitchen featuring new countertops and built-in bench seating for casual

  Megan Jesse Glenda Williamson Realty

  1659 N Maple Ave, Decatur, IL 62526
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  /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
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  /46

  $45,000

  $5K PRICE DROP

  • 2 Beds
  • 1 Bath
  • 990 Sq Ft

  231 S 19th St, Decatur, IL 62521

  Tucked into an established Decatur neighborhood, this charming 2-bedroom, 1-bath ranch is full of potential and ready for its next chapter. Inside, you'll find a comfortable layout that's easy to enjoy today while offering plenty of opportunities to update and make it your own over time. The unfinished basement provides valuable storage space and the flexibility to create a workshop, hobby area,

  Star Harris RE/MAX Results Realty

  231 S 19th St, Decatur, IL 62521
• 

  

  /13

  $122,897

  $7K PRICE DROP

  • 3 Beds
  • 1 Bath
  • 1,242 Sq Ft

  1425 S Fairview Ave, Decatur, IL 62521

  Welcome to easy, one-level living! This beautifully maintained 3-bedroom, 1-bathroom ranch offers the perfect blend of functional design and untapped potential. Whether you're a first-time buyer, looking to downsize, or seeking a solid investment, this home checks all the boxes. Effortless Main Floor Living: No more lugging baskets up and down stairs! The dedicated main-floor laundry room adds a

  Jim Cleveland RE/MAX Executives Plus

  1425 S Fairview Ave, Decatur, IL 62521
• 

  

  /18

  $58,500

  • 3 Beds
  • 1 Bath
  • 1,259 Sq Ft

  754 S Oakland Ave, Decatur, IL 62522

  3-bedroom, 1-bath investment opportunity in Decatur. This fixer-upper offers potential for renovation, rental income, or resale value. Home features a functional layout, basement space, and detached garage on a residential lot. Property is being sold as-is and will require repairs and updates. Convenient location with access to local amenities, schools, and parks. I car detached garage and

  Jason Rogers Coldwell Banker R.E. Group

  754 S Oakland Ave, Decatur, IL 62522
• 

  

  /21

  $89,900

  • 3 Beds
  • 1.5 Baths
  • 950 Sq Ft

  3620 Hummingbird Dr, Decatur, IL 62526

  Welcome to 3620 Hummingbird Drive, Decatur! This bi-level home is nestled in an established neighborhood and offers three bedrooms, one and half baths, and a wonderful opportunity for homeowners and investors alike. Major improvements have already been completed with a recently updated roof and HVAC system, allowing you to focus on making the interior your own. Whether you're looking for a place

  Camill Tedrick RE/MAX Choice Clinton

  3620 Hummingbird Dr, Decatur, IL 62526
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  /31

  $140,000

  $10K PRICE DROP Pending

  • 3 Beds
  • 1.5 Baths
  • 1,833 Sq Ft

  4353 Forest Pkwy, Decatur, IL 62521

  Great investment opportunity! Lots of space and a great yard for this awesome Argenta Oreana tri Level! Great sun porch.. Huge garage attached and a big building outback as well. The bedrooms in this home are nice sized Nice size closets as well. You have a family room and a living room. Just needs a little TLC and would be the perfect home.

  Angie Castelli Brinkoetter REALTORS®

  4353 Forest Pkwy, Decatur, IL 62521
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  /17

  $139,897

  $8K PRICE DROP

  • 3 Beds
  • 1 Bath
  • 1,464 Sq Ft

  31 Sickles Dr, Decatur, IL 62521

  This updated, move-in-ready 3-bedroom, 1-bathroom ranch offers the perfect blend of comfort, style, and convenience. As you step inside, you’ll immediately notice the durable vinyl plank flooring that flows seamlessly throughout the entire home—offering a modern look and effortless cleanup. The spacious living room serves as the heart of the home, boasting massive windows that flood the space

  Jim Cleveland RE/MAX Executives Plus

  31 Sickles Dr, Decatur, IL 62521
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  /28

  $65,000

  $5K PRICE DROP

  • 2 Beds
  • 1 Bath
  • 1,216 Sq Ft

  124 S 20th St, Decatur, IL 62521

  This 2-bedroom, 1-bath home has been lovingly owned by the same owner for nearly 30 years! Inside, you'll find that the large living room offers space for both living and dining. Through the kitchen, you'll find the stairs that leads to a finished and unfinished basement, providing plenty of flexibility. The finished portion is perfect for a family room, recreation area, man cave, playroom, home

  Arianna Sims Brinkoetter REALTORS®

  124 S 20th St, Decatur, IL 62521
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  /2

  $90,000

  • 3 Beds
  • 1.5 Baths
  • 1,387 Sq Ft

  154 S Sunnyside Rd, Decatur, IL 62522

  Situated in the desirable Warrensburg-Latham School District on two spacious lots, this property is packed with potential! Whether you're looking for your next investment property or a home where you can build equity with a little TLC, this is an opportunity you won't want to miss. The roof is only a few years old, giving you one less major project to worry about. Inside, you'll find three

  Kristy Frost Main Place Real Estate

  154 S Sunnyside Rd, Decatur, IL 62522
• 

  

  /18

  $47,900

  $2K PRICE DROP

  • 2 Beds
  • 1 Bath
  • 976 Sq Ft

  1422 Sedgwick St, Decatur, IL 62521

  Cozy 2-bedroom, 1-bath home with lots of potential as a starter home or investment. This property features a welcoming front porch, a fenced front and backyard, and a 1-car detached garage with a roof replaced in 2025. Inside, you'll find a spacious living room with a cozy fireplace and a dining room highlighted by built-in bookshelves that add character and charm. Major mechanical updates have

  Taylor Corrie RE/MAX Executives Plus

  1422 Sedgwick St, Decatur, IL 62521
• 

  /2

  $4,500

  • Land
  • 6,098 Sq Ft
  • $32,143 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
• 

  /2

  $20,000

  • Land
  • 20,908 Sq Ft
  • $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
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  /32

  $47,000

  • 3 Beds
  • 1 Bath
  • 1,048 Sq Ft

  2104 W Packard St, Decatur, IL 62522

  Huge potential in this 3 bedroom home with a full unfinished basement. Make this property the perfect investment with some sweat equity.

  Joe Tetzlaff RE/MAX Professionals

  

  2104 W Packard St, Decatur, IL 62522
• 

  

  /5

  $40,000

  Under Contract

  • 3 Beds
  • 1.5 Baths
  • 1,635 Sq Ft

  1421 W Riverview Ave, Decatur, IL 62522

  Bring your toolbox and vision! This West End fixer-upper is full of potential and just waiting for the right buyer to restore it to its full charm. With a little love and elbow grease, this house could become a wonderful place to call home or a great investment opportunity. Relax on the screened front porch or unwind on the spacious rear deck overlooking the shaded backyard—perfect for morning

  Matthew Roush Glenda Williamson Realty

  1421 W Riverview Ave, Decatur, IL 62522
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  /16

  $2,130,000

  $210K PRICE DROP

  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
• 

  

  /26

  $2,250,000

  Pending

  • 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 Nate Evans Group

  1740 S Fairview Ave, Decatur, IL 62521
• 

  

  /14

  $76,000

  $14K PRICE DROP

  • 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
• 

  

  /18

  $25,000

  $10K PRICE DROP

  • 3 Beds
  • 1 Bath
  • 816 Sq Ft

  1166 E Walnut St, Decatur, IL 62526

  Check out this investment opportunity. The work has been started, see if this lines up with your portfolio.

  Mary McCumber Mtz Realty Services

  1166 E Walnut St, Decatur, IL 62526
• 

  

  /6

  $545,000

  $50K PRICE DROP

  3760 E William Street Rd, Decatur, IL 62521

  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

  3760 E William Street Rd, Decatur, IL 62521
• 

  

  /19

  $49,900

  $8K PRICE DROP Pending

  • 3 Beds
  • 1 Bath
  • 1,021 Sq Ft

  2598 N Church St, Decatur, IL 62526

  Whether you’re ready to become a homeowner or searching for a solid addition to your investment portfolio, this property is a fantastic opportunity. This charming bungalow features a spacious living room, a generously sized eat-in kitchen, three bedrooms, and one full bathroom. Additional highlights include a covered front porch—perfect for relaxing—and a garage/storage shed for extra

  Stephanie Do Do Realty Services, Inc.

  

  2598 N Church St, Decatur, IL 62526
• 

  

  /6

  $35,500

  $10K PRICE DROP Pending

  • 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 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 seller

  LaShawn Fields Franklin KELLER WILLIAMS-TREC

  2440 E Wood St, Decatur, IL 62521
• 

  

  /23

  $49,900

  • 2 Beds
  • 1 Bath
  • 884 Sq Ft

  1371 E Division St, Decatur, IL 62526

  2 BR bungalow near Fan's Field. New carpet in front bedroom. Hardwood floors. Replacement windows. New appliances including washer and dryer. A few finishing touches and this is a great affordable home or investment property.

  Kevin Fritzsche Brinkoetter REALTORS®

  1371 E Division St, Decatur, IL 62526
• 

  

  /35

  $795,000

  • 14 Beds
  • 8 Baths
  • 15,080 Sq Ft

  228 W Main St, Decatur, IL 62523

  RARE downtown investment opportunity has hit the market! This thirteen-unit mixed-use property offers seven upstairs apartments and six retail storefronts at street level with an off-street parking lot on the north side. Most units are individually metered, with landlord responsibilities varying by lease. With room to grow income through future rent adjustments and a prime location on historic

  Mitchell Cohen Cove Realty Inc.

  228 W Main St, Decatur, IL 62523
• 

  /2

  $62,500

  Pending

  • 3 Beds
  • 1 Bath
  • 1,040 Sq Ft

  2402 N Vine St, Decatur, IL 62526

  Nice little starter home or investment property. Master bedroom is nice size . No garage but much room to put one. Newer patio doors , but wheel chair ramp will be removed before closing. Needs a little TLC but good basic house and on a dead end street. Quiet and close to everything.

  Linda Ray Brinkoetter REALTORS®

  2402 N Vine St, Decatur, IL 62526
• 

  

  /30

  $130,000

  $20K PRICE DROP

  • 5 Beds
  • 2 Baths
  • 2,103 Sq Ft

  175 W Ash Ave, Decatur, IL 62526

  Spacious 5-bedroom, 2-bath home offering plenty of potential for the next owner to make it their own. This property features a detached 2-car garage, a fully fenced backyard, and major updates including a new roof in 2024 and central air installed in 2023. While some TLC and cosmetic improvements are needed, this is a great opportunity for buyers looking to build equity, add their personal touch,

  Bradley Harbison Brinkoetter REALTORS®

  175 W Ash Ave, Decatur, IL 62526
• 

  

  /5

  $44,900

  • 3 Beds
  • 1 Bath
  • 1,100 Sq Ft

  945 S Maffit St, Decatur, IL 62521

  INVESTMENT OPPORTUNITIES MOVE IN READY!!! GREAT FOR A STARTER HOME!!! UPDATES THROUGHOUT HOME!!! MORE PICTURES WILL BE ADDED SOON.

  James Carney Glenda Williamson Realty

  945 S Maffit St, Decatur, IL 62521
• 

  

  /14

  $50,000

  $10K PRICE DROP

  • 1 Bed
  • 1 Bath
  • 592 Sq Ft

  4547 E Rosewood Dr, Decatur, IL 62521

  Perfect opportunity for a first-time home buyer or an investment property. Warm and welcoming one-bedroom home nestled in a fantastic location, perfect for enjoying both quiet living and nearby conveniences.

  Joshua Burgener Josh Burgener Auction & Realty

  4547 E Rosewood Dr, Decatur, IL 62521
• 

  

  /21

  $63,000

  Pending

  • 2 Beds
  • 1.5 Baths
  • 1,272 Sq Ft

  2292 E Main St, Decatur, IL 62521

  Have you always wanted an affordable, brick home? Well look no further!! This is a great starter home, investment home, or just a home to live in near Lake Decatur. Offering beautiful hardwood floors, a living room fireplace, 2 large bedrooms, remodeled bathroom, plenty of storage in the basement, and a huge 2.5 car garage. Located close to ADM, Primient, Splash Cove, The Devon, and Downtown

  Mark Williams Glenda Williamson Realty

  2292 E Main St, Decatur, IL 62521
• 

  

  /42

  $54,000

  $5K PRICE DROP

  • 4 Beds
  • 2 Baths
  • 1,452 Sq Ft

  953 W Macon St, Decatur, IL 62522

  Welcome home to this spacious and beautifully maintained 4-bedroom, 2-bath home that has been loved and cared for by the same owner for over 30 years! Offering a full bathroom on each floor, this home provides a comfortable and functional layout with plenty of room to spread out. The kitchen features beautiful cabinetry and countertops, creating a warm and inviting space for everyday living and

  R. Kent Portis Mtz Realty Services

  953 W Macon St, Decatur, IL 62522
• 

  

  /34

  $134,900

  $10K PRICE DROP

  • 3 Beds
  • 2 Baths
  • 1,125 Sq Ft

  3234 E Fulton Ave, Decatur, IL 62521

  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 Nate Evans Group

  3234 E Fulton Ave, Decatur, IL 62521

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