2

Near West Multifamily Homes & Duplexes for Sale

Section Image
  • /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

Why Live in Near West

Near West in Decatur is a neighborhood that balances historical charm with suburban tranquility. Located between downtown Decatur and the city's outskirts, it features historic homes along red brick roads and shaded sidewalks lined with tall trees. The area is primarily homebuyer-focused, with fewer rental units compared to neighborhoods east of downtown. Despite the proximity of a train track, noise is minimal, and the neighborhood remains peaceful, especially along the Sangamon River to the south. Schools are within walking distance, and bike paths connect residents to popular parks like Lincoln Park and Fairview Park, which offer fishing, hiking, and various recreational facilities. Millikin University, just north of Near West, adds an academic presence with its notable programs and historic James Millikin Homestead. The neighborhood's residential streets showcase a variety of home styles, including Victorian mansions, Colonial Revivals, ranch-style homes, bungalows, and Dutch-inspired cottages. Coffee lovers frequent The River Coffee Company, while The Winery Bar provides a cozy spot for burgers and pints. Although there are no markets within the neighborhood, grocery stores and pharmacies are within a short drive. Near West is quieter than downtown, with occasional flooding near the river and creeks. Illinois Route 48 and local bus routes provide connectivity, with St. Mary's Hospital 2.5 miles southeast and the nearest major airport 42 miles west in Springfield.

Home Trends in Near West, IL

Housing Trends

Median Sale Price
$102,250
Median Single Family Sale Price
$102,250
Average Price Per Sq Ft
$55
Number of Homes for Sale
7
Last 12 months Home Sales
34
Months of Supply
2.50
Median List Price
$102,250
Median Change From 1st List Price
2%
Median Home Sale Price YoY Change
156%
How to Buy a Home How to Finance a Home How to Sell a Home