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Explore Similar Apartments Within 2 Miles of Lions Park, IL

  • /16

    $94,900

    1010 W Main St, Decatur, IL 62522

    This well-maintained triplex, located near Millikin University, is perfect for student housing or multi-tenant rental. With a gross income potential of $1,800/month when fully occupied, it’s a strong addition to any investment portfolio. Recent updates include bathroom renovations (2014 & 2015), kitchen upgrades (2013), a new roof (2013), a furnace (2010), electrical improvements (2016), and

    Brittany Rathje Main Place Real Estate

    1010 W Main St, Decatur, IL 62522
  • /15

    $49,900

    • 2,534 Sq Ft

    1020 W Main St, Decatur, IL 62522

    Triplex rental! This historic charmer boasts a one-bedroom unit on the main level with large windows for plenty of natural light. Unit also offers basement access with laundry. 2nd floor unit is a 1-bedroom featuring in unit washer and dryer with a great-sized living room and bedroom. 3rd story offers a studio with a den. This is a great location for Millikin students!! Add this one to your

    Debra Jones Lyle Campbell & Son Realtors

    1020 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
  • /8

    $82,000

    • 5 Beds
    • 2 Baths
    • 2,556 Sq Ft

    646 W Macon St, Decatur, IL 62522

    Duplex with one long term tenant in place. The upper level has 2 bedrooms and one bath. Spacious open family room. Lower level has 3 Bedrooms with one bath. Both units have washer/dryer hookups. One AC unit, 2024. One WH is 2025. Lower level bath surround is 2025. Well maintained two story brick duplex. Instant income!

    Trisha Beck Beck Realtors, Inc.

    646 W Macon 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
  • /17

    $565,000

    135 E Prairie Ave Unit 1-4, Decatur, IL 62523

    Downtown living is in high demand, making it a great investment opportunity to own all four residential loft condo units in the historic 135 E. Prairie building. All 4 units are rented and produce an impressive annual cash-flow return. Each unit offers unique features including cathedral ceilings and exposed brick walls. Historically extremely low vacancy rates. Building has new roof.

    Zane Peterson Main Place Real Estate

    135 E Prairie Ave Unit 1-4, Decatur, IL 62523

Why Live in Lions Park

Lions Park in Decatur is undergoing revitalization, with city programs encouraging homeownership and property improvements. This neighborhood is adjacent to Nelson Park, a major recreational hub featuring the Devon Amphitheater, Overlook Adventure Park, and Splash Cove water park. Lyons Park, within the neighborhood, offers open fields, a playground, and basketball courts. Residents are about 1 mile from Downtown Decatur and Highway 36, facilitating easy travel. The housing market includes Craftsman-style and split-level homes, bungalows, and occasional Cape Cod and Dutch Colonial styles, all set along tree-lined streets with mature trees adding privacy. Local dining options include Kennedy Fried Chicken, Los Sauces Mexican, and Waterfront Cafe, with Flashback Lounge and Wild Dog Saloon providing nightlife. Public bus stops are accessible, and major roads like South 22nd Street and Business Route 51 connect the area to the rest of the city. Decatur Airport is under 5 miles away. The neighborhood's proximity to various attractions and amenities makes it a practical choice for potential homebuyers. Additionally, the neighborhood's gridded streets and narrow sidewalks create a walkable environment for residents.

Home Trends in Lions Park, IL

Housing Trends

Median Sale Price
$402,950
Median Single Family Sale Price
$402,950
Median Townhouse Sale Price
$263,490
Median 2 Bedroom Sale Price
$990,000
Average Price Per Sq Ft
$263
Number of Homes for Sale
3
Last 12 months Home Sales
64
Months of Supply
0.60
Median List Price
$423,995
Median Change From 1st List Price
1%
Median Home Sale Price YoY Change
-14%
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