6

Millikin Home Homes for Sale

Section Image
  • /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
  • /10

    $79,900

    • 5 Beds
    • 3 Baths
    • 3,444 Sq Ft

    457 W William St, Decatur, IL 62522

    This is a listing for a historic house in Decatur, Illinois. Huge house with 3 levels. It has 5 bedrooms, 3 bathrooms, 2 car garage, and 3,444 square feet of living space. Sold as is. No survey provided.

    David Williamson Choice Realty Group Inc.

    457 W William 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
  • /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
  • /19

    $39,900

    • 0.5 Baths
    • 1,000 Sq Ft

    280 W North St, Decatur, IL 62522

    Downtown location. Perfect set up for a hair salon with individual rooms with water. Could be a mixed use for massage therapist, hair salon, esthetician, insurance company, etc. Paved parking with 8 parking spaces. Covered front and back porches. Every office has windows. Owner will Contract for Deed.

    Rebecca VanMeter eXp Realty

    280 W North St, Decatur, IL 62522
  • /41

    $108,000

    • 7 Beds
    • 4 Baths
    • 4,401 Sq Ft

    640 W Main St, Decatur, IL 62522

    Conveniently located in the heart of Decatur near shopping, restaurants and Millikin University this seven bedroom, four bath former bed & breakfast is bursting with original character and timeless details! The sprawling main level features a large living room, formal dining room, spacious kitchen, family room, second kitchen, office space and three full bathrooms, including a private bath in one

    Ryan Dallas RYAN DALLAS REAL ESTATE

    640 W Main St, Decatur, IL 62522

Why Live in Millikin Home

Millikin Home in Decatur is a neighborhood steeped in history, featuring diverse architectural styles and historical landmarks. The area is known for its historic homes, dating from 1870 to 1940, with styles such as Cape Cod, American Foursquare, Italianate, and Craftsman. The neighborhood's brick streets are lined with shade trees that create a picturesque setting, especially in autumn. Millikin University, located directly west, is a significant presence, with many homes converted into multi-family units for student rentals. Recreational opportunities abound, with the Decatur Indoor Sports Center offering amenities like an indoor track, pickleball courts, and a climbing wall. Fairview Park, less than 2 miles away, provides outdoor activities including a dog park, playground, and bike trails. Dining options are plentiful, with Lock Stock & Barrel, University Dogs, and Winery Bar nearby. Downtown Decatur, just 5 minutes away by car, offers fine dining at Decatur Club and The Gin Mill, as well as coffee at The River Coffee Club. Shopping includes Blessingdales Thrift Shop and Franci’s Vintage Boutique, with Speakeasy Records & Oddities adding a unique touch. The neighborhood is well-connected by Highway 36 and public transportation, though most residents drive. The closest airport is Decatur Airport, just over 5 miles east. Historical landmarks include the James Millikin Homestead, now a museum, and the Staley Museum, preserving the legacy of A. E. Staley. The neighborhood's crime rate is lower than the national average, making it a safer place to live.

Frequently Asked Questions

Is Millikin Home a good place to live?
Millikin Home is a good place to live. Millikin Home is considered fairly walkable and bikeable. Millikin Home is a historic neighborhood. Millikin Home has 9 parks for recreational activities. It has a median age of 38. The average household income is $39,239 which is below the national average. College graduates make up 15.1% of residents. A majority of residents in Millikin Home are renters, with 71.3% of residents renting and 28.7% of residents owning their home. A local real estate agent serving Millikin Home can help you decide if this neighborhood is the right one for you. Learn more on our Millikin Home neighborhood guide.
How much do you need to make to afford a house in Millikin Home?
The median home price in Millikin Home is $109,900. If you put a 20% down payment of $22,000 and had a 30-year fixed mortgage with an interest rate of 6.74%, your estimated principal and interest payment would be $570 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $24K a year to afford the median home price in Millikin Home. The average household income in Millikin Home is $39K.
What are the best public schools in Millikin Home?
The best public schools that serve Millikin Home are:
What are the best private schools in Millikin Home?
The best private schools that serve Millikin Home are:
What are the most popular zip codes in Millikin Home, Decatur, IL?
The most popular zip codes in Millikin Home, Decatur, IL include 62522, 62521, 62526, 62535 and 62549.
What are the most popular neighborhoods near Millikin Home, Decatur, IL?
The most popular neighborhoods near Millikin Home, Decatur, IL are Near West, Garfield Park, West End, Neighborhood Empowerment and Fairlawn.
Are home prices dropping in Millikin Home?
Yes, home prices in Millikin Home are down 67% in the last 12 months.

Home Trends in Millikin Home, IL

Housing Trends

Median Sale Price
$109,000
Median Single Family Sale Price
$212,500
Median 2 Bedroom Sale Price
$688,000
Average Price Per Sq Ft
$128
Number of Homes for Sale
2
Last 12 months Home Sales
10
Months of Supply
2.40
Median List Price
$109,900
Median Change From 1st List Price
1%
Median Home Sale Price YoY Change
-67%
How to Buy a Home How to Finance a Home How to Sell a Home