450 W Macon St Decatur, IL 62522
Near West NeighborhoodEstimated payment $2,056/month
About This Home
Investment Opportunity!
Turn-key 6-unit all-brick apartment building offering six spacious 1 bedroom / 1 bath units. Two units are currently rented, with the remaining ready to lease, making this a fantastic opportunity for an investor looking for immediate income potential.
Recent updates make this property truly low-maintenance:
-Brand new roof (2024)
-Replacement windows
-Fresh paint & new flooring throughout
-All new electrical (2025)
-Additional modern updates for tenant appeal
This solid, well-maintained building is ready for your portfolio. With the heavy lifting already done, you can step in and start generating income right away.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $6,693
Year Built
- Built in 1930
Home Design
- Asphalt Roof
Utilities
- Window Unit Cooling System
- Gas Water Heater
Additional Features
- 3-Story Property
- 8,525 Sq Ft Lot
Listing and Financial Details
- Assessor Parcel Number 04-12-15-402-012
Community Details
Overview
- 6 Units
- Southwestern Add Subdivision
Building Details
- Operating Expense $1,000
Map
Home Values in the Area
Average Home Value in this Area
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
08/19/2025 08/19/25 | For Sale | $274,900 | +34.1% | -- |
04/23/2025 04/23/25 | Sold | $205,000 | -14.6% | -- |
02/06/2025 02/06/25 | Pending | -- | -- | -- |
01/29/2025 01/29/25 | For Sale | $240,000 | -- | -- |
Source: Central Illinois Board of REALTORS®
MLS Number: 6254682
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