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Investment - Homes for Sale in Decatur, IL

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  • /2

    $28,500

    • 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.

    Agent Photo

    Trisha Beck

    Beck Realtors, Inc.

    (217) 996-9489

    423 S Webster St, Decatur, IL 62521
  • /13

    $129,897

    • 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
  • /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
  • /34

    $145,000

    • 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
  • /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
  • /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
    • 6,098 Sq Ft
    • $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
  • /23

    $47,500

    • 3 Beds
    • 1 Bath
    • 1,160 Sq Ft

    1283 S Illinois St, Decatur, IL 62521

    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

    1283 S Illinois St, Decatur, IL 62521
  • /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
  • /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

    $2,200,000

    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
  • /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 Nate Evans Group

    1740 S Fairview Ave, Decatur, IL 62521
  • /18

    $35,000

    • 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

    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
  • /6

    $35,500

    • 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
  • /14

    $55,900

    • 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

Home Trends in Decatur, IL

Housing Trends

Median Sale Price
$121,000
Median Single Family Sale Price
$120,000
Median 2 Bedroom Sale Price
$131,500
Median 1 Bedroom Sale Price
$57,500
Average Price Per Sq Ft
$80
Number of Homes for Sale
146
Last 12 months Home Sales
1,024
Months of Supply
1.70
Median List Price
$124,900
Median Change From 1st List Price
2%
Median Home Sale Price YoY Change
3%
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