Section Image

Explore Similar Apartments Within 2 Miles of Jasper Park, IL

  • /3

    $312,900

    • 3,520 Sq Ft

    422 W William St, Decatur, IL 62522

    INVESTORS ATTENTION TO THIS ONE. Here's an excellent investment opportunity--check out the rate of return--estimated at 12%. The building has been totally updated with newer HVAC systems for each unit. Each one well decorated. All newer stoves and refrigerators. Newer roof. Coin operated laundry in the basement produces about $2900 annually. There are storage units in the basement for each

    Bruce Campbell Lyle Campbell & Son Realtors

    422 W William St, Decatur, IL 62522
  • /16

    $162,000

    • 2,732 Sq Ft

    281 W Prairie Ave, Decatur, IL 62523

    This building has been a solid income producer for the owner. The units have all been upgraded in the last 3-4 years. Landlord pays all utilities. Expense breakdown available to serious prospects upon request. Being sold as-is.

    John Sellers Brinkoetter REALTORS®

    281 W Prairie Ave, Decatur, IL 62523
  • /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
  • /30

    $840,000

    612 W Macon St, Decatur, IL 62522

    Located in the heart of Decatur, 612 W Macon Street presents a fully renovated 17-unit multifamily asset offering strong current returns and value-add upside. The property features a diverse mix of one-bedroom, one-bathroom units, with one two-bedroom, one-bath unit, catering to a wide range of tenants—from young professionals to small families. Each unit has been upgraded over the past year with

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

    612 W Macon St, Decatur, IL 62522
  • /31

    $540,000

    320 W Main St, Decatur, IL 62522

    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

    320 W Main St, Decatur, IL 62522
  • /16

    $795,000

    2480 N Graceland Ave, Decatur, IL 62526

    Great opportunity to invest in a low-rise multifamily property footsteps away from the Memorial Hospital campus. Graceland Executive Rentals is an all brick 12-unit property. It is currently operated with a mix of term rentals and fully furnished short-term corporate rentals (STR VRBO AirBNB). Per unit rents range from $1,000 to $2,200 per month. Property totals over 8,800 square feet with

    Zane Peterson Main Place Real Estate

    2480 N Graceland Ave, Decatur, IL 62526
  • /26

    $2,350,000

    • 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

Why Live in Jasper Park

Jasper Park in Decatur, IL, is a neighborhood with a rich history of development from the 1940s to the 1960s, featuring bungalows, cottages, and simple family homes. Despite a decline in population and some properties falling into disrepair, the area retains its charm with tall trees, cobblestone roads, and sidewalks set back from the streets. The neighborhood is popular among landlords who renovate homes into affordable housing, resulting in a diverse community of renters. Jasper Park offers convenient transportation options, including buses along East Eldorado, East Wood, and East Prairie Streets, and is just a mile from Downtown Decatur. Local features include the "Five Points" intersection with grocery stores and shopping spots, and nearby Save A Lot, Family Dollar, and Dollar General. Dining options like Krekel's Dairy Maid and Krekel's Kustard provide classic American fare. While the neighborhood lacks designated bike lanes, it has numerous sidewalks leading to various amenities. Jasper Park is bordered by train tracks, which can cause traffic delays. The area has a mix of empty lots and renovated homes, with styles ranging from bungalows and worker's cottages to simple Victorians and ranch-style houses. Recreational spaces include Jasper Park's basketball court and Hill Park's updated sports facilities. Despite some homes needing repairs, the neighborhood's properties are quickly bought and renovated, contributing to a dynamic and evolving community.

Home Trends in Jasper Park, IL

Housing Trends

Median Sale Price
$40,325
Median Single Family Sale Price
$40,325
Average Price Per Sq Ft
$47
Number of Homes for Sale
4
Last 12 months Home Sales
10
Months of Supply
4.80
Median List Price
$52,450
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
34%
How to Buy a Home How to Finance a Home How to Sell a Home