$274,900

Estimated payment $2,056/month

Total Views 248
-- Bed
-- Bath
-- Sq Ft
-- Price per Sq Ft

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.

Listing Agent

Jennifer Miller

Main Place Real Estate License #475186888 Listed on: 08/19/2025

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

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,693

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Lot Size Acres: 0.2
  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Building Stories: 3
  • Subdivision Name: Southwestern Add
  • Year Built: 1930
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: Three Or More
  • Property Sub Type Additional: Multi Family
  • Special Features: VirtualTour
  • Stories: 3

Interior Features

  • Appliances: Gas Water Heater
  • Owner Pays: Common Area Maintenance, Exterior Maintenance, Snow Removal, Trash Collection, Water
  • Stories: 3

Exterior Features

  • Roof: Asphalt
  • Waterfront: No

Utilities

  • Cooling: Window Unit(s)
  • Water Source: Public
  • Cooling Y N: Yes
  • Sewer: Public Sewer

Schools

  • Junior High Dist: Decatur Dist 61

Lot Info

  • Lot Size Sq Ft: 8525.0
  • Parcel #: 04-12-15-402-012
  • Zoning: MUN

Multi Family

  • Number Of Units Total: 6
  • Annual Operating Expense: 1000.0

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 6693.0

Map

Range of Values:

Collateral Analytics

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ICE

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Quantarium

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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

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®

Source: Central Illinois Board of REALTORS®

MLS Number: 6254682