$189,000
SOLD AUG 31, 2016

540 W Main St Decatur, IL 62522

Millikin Home Neighborhood
14 Beds
9 Baths
9,960 Sq Ft
9,750 Sq Ft Lot

Recently Sold

$19 Per Sq Ft

5% Below List Price

90 Days on Market

Highlights

  • Workshop
  • Cooling System Mounted In Outer Wall Opening
  • Hot Water Heating System
  • 4 Car Attached Garage

About This Home

As of January 2021

The Garden Apartment building is a well managed and maintained 9 Unit multifamily property. Nice sized units (5 two bedroom units & 4 one bedrooms). All units on separate electric meters. Shared coin operated washer/dry in basement. 6 covered parking spaces and additional parking spaces available. Roof newer in last 7 years. All units have been refurbished as they come vacant. Only blocks away from Downtown Decatur and Millikin University. A profitable opportunity awaits for the right investor!

Last Agent to Sell the Property

Zane Peterson

Brinkoetter REALTORS® Listed on: 05/02/2016

Last Buyer's Agent

Zane Peterson

Brinkoetter, Realtors

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,108

Lot Details

  • 9,750 Sq Ft Lot
  • Lot Dimensions are 150x65

Parking

  • 4 Car Attached Garage

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 9,960 Sq Ft Home
  • 2-Story Property
  • Workshop

Kitchen

  • Oven
  • Range

Bedrooms and Bathrooms

  • 14 Bedrooms
  • 9 Full Bathrooms

Finished Basement

  • Walk-Out Basement
  • Partial Basement

Schools

  • Stephen Decatur Middle School
  • Macarthur High School

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Hot Water Heating System
  • Gas Water Heater

Community Details

  • 9 Units

Listing and Financial Details

  • The owner pays for grounds care, insurance, snow removal
  • Assessor Parcel Number 04-12-15-254-015

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,108

Lot Details

0

Parking

4

Listing Details

  • Co List Office Mls Id: 3850
  • Co List Office Phone: 217-875-0555
  • Directions: W on Main St...Sign on property...
  • Lot Size Acres: 0.22
  • Lot Size: 150X65
  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Road Surface Type: Concrete, Other
  • Building Stories: 2
  • Architectural Style: Other
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Two
  • Property Sub Type Additional: Multi Family
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Gas Water Heater, Oven, Range, Refrigerator
  • Has Basement: Finished, Unfinished, Walk-Out Access, Partial
  • Basement YN: Yes
  • Full Bathrooms: 9
  • Total Bedrooms: 14
  • Interior Amenities: Workshop
  • Owner Pays: Grounds Care, Insurance, Snow Removal
  • Stories: 2
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Construction Type: Brick
  • Exterior Features: Workshop
  • Roof: Other
  • Waterfront: No
  • Foundation Details: Basement

Garage/Parking

  • Garage Spaces: 4.0
  • Attached Garage: Yes
  • Parking Features: Attached, Garage

Utilities

  • Cooling: Wall Unit(s)
  • Heating: Hot Water
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Sewer: Public Sewer

Schools

  • High School: Macarthur
  • Middle Or Junior School: Stephen Decatur
  • Junior High Dist: Decatur Dist 61

Lot Info

  • Lot Size Sq Ft: 9750.0
  • Parcel #: 04-12-15-254-015
  • Zoning: COM
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units Total: 9

Tax Info

  • Tax Year: 2015
  • Tax Annual Amount: 4107.66

Range of Values:

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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
06/24/2025 06/24/25 Pending -- -- --
05/05/2025 05/05/25 For Sale $395,000 +28.7% --
01/15/2021 01/15/21 Sold $307,000 -18.1% $31 / Sq Ft
10/27/2020 10/27/20 Pending -- -- --
04/28/2020 04/28/20 For Sale $375,000 +98.4% $38 / Sq Ft
08/31/2016 08/31/16 Sold $189,000 -5.0% $19 / Sq Ft
08/01/2016 08/01/16 Pending -- -- --
05/02/2016 05/02/16 For Sale $199,000 -- $20 / Sq Ft
Source: Central Illinois Board of REALTORS®

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Zane Peterson

    Seller's Agent in 2025

    Zane Peterson

    Main Place Real Estate

    (217) 422-3335

    3 in this area

    141 Total Sales

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Map

Source: Central Illinois Board of REALTORS®

MLS Number: 6161736

Illinois Macon County Decatur 62522 Millikin Home

540 W Main St, Decatur, IL

This home is located at 540 W Main St, Decatur, IL 62522 and is currently priced at $189,000, approximately $18 per square foot. 540 W Main St is a home located in Macon County with nearby schools including Dennis Lab School, St. Patrick School, and Teen Challenge-Home For Girls.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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