$169,900

2140 W Main St Decatur, IL 62522

West End Neighborhood

Estimated payment $1,263/month

Total Views 4,267
-- Bed
-- Bath
-- Sq Ft
-- Price per Sq Ft

About This Home

Presenting a well-maintained duplex featuring two fully occupied units on month-to-month leases, offering immediate cash flow and long-term upside. Located at 2140 W. Main St. ($975/mo) and 110 Edgewood Court ($900/mo), this property has seen only a modest 10% rent increase over the past eight years, leaving room for future growth.
Originally purchased in December 2014, the property has no liens and has been professionally managed by Swartz Property Management since 2022. Key improvements include:
• New roof installed within the last 5 years
• Kitchens refreshed in 2018
• Appliances replaced in 2015
This is a low-maintenance, income-generating asset with stable tenancy and value-add potential through rent optimization. Ideal for investors seeking a reliable return in a desirable location.

Listing Agent

Ryan Frey

Vieweg RE/Better Homes & Gardens Real Estate-Service First License #475213667 Listed on: 08/18/2025

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

Co-Listing Agent

Cole Babcock

Vieweg RE/Better Homes & Gardens Real Estate-Service First License #475194689

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,432

Year Built

  • Built in 1941

Home Design

  • Duplex
  • Shingle Roof

Utilities

  • Central Air
  • Gas Water Heater

Additional Features

  • 2-Story Property
  • 7,841 Sq Ft Lot

Listing and Financial Details

  • Assessor Parcel Number 04-12-17-278-003

Community Details

Overview

  • 2 Units
  • Edgewood An Add Subdivision

Building Details

  • Operating Expense $6,800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,432

Year Built

Built in 1941

Lot Details

0

Listing Details

  • Co List Office Mls Id: 730730
  • Co List Office Phone: (217) 450-8500
  • Lot Size Acres: 0.18
  • Property Sub Type: Duplex
  • Prop. Type: Residential Income
  • Building Stories: 2
  • Subdivision Name: Edgewood An Add
  • Year Built: 1941
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: Two
  • Property Sub Type Additional: Duplex
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Gas Water Heater
  • Stories: 2

Exterior Features

  • Roof: Shingle
  • Waterfront: No

Utilities

  • Cooling: Central Air
  • Water Source: Public
  • Cooling Y N: Yes
  • Sewer: Public Sewer

Schools

  • Junior High Dist: Decatur Dist 61

Lot Info

  • Lot Size Sq Ft: 7841.0
  • Parcel #: 04-12-17-278-003
  • Zoning: MUN

Rental Info

  • Tenant Pays: All Utilities

Multi Family

  • Number Of Units Total: 2
  • Annual Operating Expense: 6800.0

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 4432.0

Map

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $4,469 $46,162 $5,999 $40,163
2023 $4,432 $44,528 $5,787 $38,741
2022 $3,941 $38,539 $5,268 $33,271
2021 $3,703 $35,991 $4,919 $31,072
2020 $3,650 $34,321 $4,691 $29,630
2019 $3,650 $34,321 $4,691 $29,630
2018 $3,311 $31,511 $7,729 $23,782
2017 $3,389 $32,352 $7,935 $24,417
2016 $3,453 $32,682 $8,016 $24,666
2015 $3,281 $32,104 $7,874 $24,230
2014 $3,047 $31,786 $7,796 $23,990
2013 $3,148 $32,980 $8,089 $24,891
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/18/2025 08/18/25 For Sale $169,900 +99.9% --
04/13/2012 04/13/12 Sold $85,000 -5.5% $27 / Sq Ft View Prior Sale
03/12/2012 03/12/12 Pending -- -- --
01/20/2012 01/20/12 For Sale $89,900 -- $29 / Sq Ft
Source: Central Illinois Board of REALTORS®

Purchase History

Date Type Sale Price Title Company
Warranty Deed $105,000 Central Illnois Title Co
Special Warranty Deed $85,000 None Available
Special Warranty Deed $85,000 None Available
Warranty Deed -- None Available
Warranty Deed -- None Available
Deed $63,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $68,000 Purchase Money Mortgage
Previous Owner $125,600 New Conventional
Source: Public Records

Source: Central Illinois Board of REALTORS®

MLS Number: 6254697

APN: 04-12-17-278-003

Illinois Macon County Decatur 62522 West End

2140 W Main St, Decatur, IL

For Sale

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Listing Agent
Ryan Frey
Section Image
Vieweg RE/Better Homes & Gardens Real Estate-Service First
(217) 599-3573