Investment - Homes for Sale in Decatur, IL

Welcome to easy downtown living in the historic Commodore Building! This beautifully updated 1-bedroom, 1-bath apartment combines classic charm with modern finishes. The refreshed kitchen features updated cabinetry, solid surface countertops, and plenty of workspace, while the remodeled bathroom offers a stylish tiled shower and updated fixtures. Large windows fill the home with natural light,

Kelsey Probber Main Place Real Estate

Investment opportunity! This 3-bedroom, 1-bath Decatur home is ready for its next owner. Includes a full basement, attached 2-car garage, and fenced-in backyard. Priced to sell — conveying as-is with all contents inside and out.

Jared Williams Archer Realty

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

Rare opportunity to enjoy Lake Decatur living with dedicated dock space and boat lift for under $200,000! Nestled in the desirable Forest Knolls Estates community on Lake Decatur's Basin 2, this charming 3-bedroom, 2-bath bungalow offers the perfect blend of recreation, convenience, and scenic views. Enjoy direct lake access just steps from your door, with your own dedicated dock space and lift

Joe Doolin Brinkoetter REALTORS®

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

Welcome home to this charming 2-bedroom, 1-bath ranch offering comfort, character, and convenience! The spacious kitchen provides plenty of room for an eat-in dining area, perfect for meals and entertaining. Updated luxury vinyl plank flooring flows through the living room and kitchen, while the bedrooms feature original hardwood flooring.Outside, you'll find a nicely sized fenced backyard

Arianna Sims Brinkoetter REALTORS®

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

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

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

This move-in ready, 3-bedroom, 1-bathroom ranch offers the perfect blend of modern updates and cozy comfort. Designed for easy, single-level living, this home is packed with recent upgrades and impressive outdoor features. Newer paint & flooring makes this home move in ready, while newer windows give peace of mind. The spacious fenced in backyard is the ideal setup for pets, gardening or

Jim Cleveland RE/MAX Executives Plus

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

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

Located minutes from Fairview Park & Millikin University, this three-bedroom bungalow would make a perfect starter-home or investment opportunity! With a possible fourth bedroom upstairs, the potential is endless. For easy accessibility, the front porch has a ramp. When you walk in, you are greeted with wood floors and an open living space. Full of character, there are nice built-ins in the

Isabella Carver Brinkoetter REALTORS®

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

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

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

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

Mary McCumber Mtz Realty Services

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

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

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.

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

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

Investor or House Hack Opportunity! Here's your chance to purchase two side-by-side income-producing properties with multiple strategies for success. Continue renting both homes for strong cash flow, or live in one and let the tenant in the other help pay your mortgage! 1613 N Monroe is a well-maintained 4-bedroom, 2-bath home that previously rented for approximately $1,200/month. Features

Tony Piraino Brinkoetter REALTORS®

Location, location, location! This home is within minutes from Nelson Park, the Devon Lakeshore Amphitheater, Splash Cove, & many other amenities. You could move in just in time to make the most of summer! Enjoy sunsets on your cozy front porch, or turn the fenced-in backyard into your own oasis. With two bedrooms and one bathroom, it is the perfect starter home or investment opportunity. Located

Isabella Carver Brinkoetter REALTORS®

Duplex investment opportunity in Decatur featuring 2 residential units with off-street exterior parking. Property offers potential for renovation, rental income, or resale value and will require repairs and updates. Utilities are currently not active. Convenient location with access to local amenities and transportation routes. Property is being sold as-is and may appeal to investors or buyers

Jason Rogers Coldwell Banker R.E. Group

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

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

Investor Alert! This well-maintained 2-bedroom, 1-bath home is full of potential and ready for its next owner. Open layout with a spacious kitchen and comfortable living area, this home offers convenient one-level living. High-efficiency stackable washer and dryer STAY! Recent updates and features include a tankless water heater, replacement windows, new water lines, central air conditioning an

Abby Golladay Main Place Real Estate

Affordable 3 bedroom and 1 bath home in meadowlark. NEW roof. NEW flooring. NEW carpet. NEW kitchen cabinets. NEW vanity. Wide garage and a spacious backyard. This home is move in ready. So, move in or buy as an investment. Make your appointment today

Lincoln Lee The Real Estate Group,Inc