$149,900

555 W Main St Decatur, IL 62522

Near West Neighborhood

Estimated payment $993/month

Total Views 2,080
-- Bed
-- Bath
-- Sq Ft
-- Price per Sq Ft

Highlights

  • Very Popular Property
  • 1 Car Detached Garage
  • Forced Air Heating and Cooling System
  • Traditional Architecture

About This Home

This is a fantastic opportunity to expand your portfolio! This property offers 3 fully occupied units that comes with all appliances. Updates include: Roof replaced in 2012, electric rewired with 200 amp service 2015, 2nd/3rd floor HVAC system replaced 2015, main floor & addition furnace replaced 2023. Property has 1 gas meter, 1 water meter, and a detached garage with an overhead door operator. Unit 551: built-on addition w/ 1 bed/ 1 bath & additional bedroom in basement. Approximately 800 square feet. Unit 555: Main floor - 2 beds/1 bath. Approximately 1,200 square feet. Unit 553: 2nd & 3rd floor - 3 beds/2 bath with its own washer/dryer. Approximately 2,000 square feet. Units 551 & 555 share washer/dryer kept in basement. More interior photos to come soon! Average monthly power/gas bill: $500
Average water bill: $200
Trash: $30
Mowing (during spring/summer months): $100

Listing Agent

Shelby Younker

Agency One Insurance & Real Estate License #475185271 Listed on: 12/11/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,465

Year Built

  • Built in 1897

Lot Details

  • 7,700 Sq Ft Lot

Parking

  • 1 Car Detached Garage

Home Design

  • Triplex
  • Traditional Architecture
  • Asphalt Roof
  • Aluminum Siding

Interior Spaces

  • 2-Story Property
  • Unfinished Basement
  • Partial Basement
  • Range

Laundry

  • Dryer
  • Washer

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 04-12-15-257-004

Community Details

Overview

  • 3 Units
  • Western Add Subdivision

Building Details

  • Operating Expense $830

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,465

Year Built

Built in 1897

Lot Details

0

Parking

1

Listing Details

  • Directions: West on Main, on left side of street. Just 2 houses before the Main/Monroe intersection
  • Lot Size Acres: 0.18
  • Property Sub Type: Triplex
  • Prop. Type: Residential Income
  • Road Surface Type: Gravel
  • Building Stories: 2
  • Subdivision Name: Western Add
  • Year Built: 1897
  • Architectural Style: Traditional
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Two
  • Property Sub Type Additional: Triplex
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Dryer, Gas Water Heater, Range, Refrigerator, Washer
  • Has Basement: Unfinished, Partial
  • Basement YN: Yes
  • Owner Pays: Electricity, Exterior Maintenance, Gas, Grounds Care, Heat, Insurance, Repairs, Sewer, Taxes, Water
  • Stories: 2

Exterior Features

  • Construction Type: Aluminum Siding
  • Roof: Asphalt
  • Waterfront: No
  • Foundation Details: Basement

Garage/Parking

  • Garage Spaces: 1.0
  • Attached Garage: No
  • Parking Features: Detached, Garage

Utilities

  • Cooling: Central Air
  • Heating: Forced Air, Gas
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Sewer: Public Sewer

Schools

  • Junior High Dist: Decatur Dist 61

Lot Info

  • Lot Size Sq Ft: 7700.0
  • Parcel #: 04-12-15-257-004
  • Zoning: MUN

Multi Family

  • Number Of Units Total: 3
  • Annual Operating Expense: 830.0

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 2465.0

Map

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 $2,465 $25,461 $2,281 $23,180
2023 $2,444 $24,559 $2,200 $22,359
2022 $1,569 $15,338 $1,903 $13,435
2021 $1,474 $14,324 $1,777 $12,547
2020 $1,452 $13,658 $1,694 $11,964
2019 $1,452 $13,658 $1,694 $11,964
2018 $1,440 $13,704 $1,700 $12,004
2017 $1,474 $14,069 $1,745 $12,324
2016 $1,502 $14,213 $1,763 $12,450
2015 $1,427 $13,962 $1,732 $12,230
2014 $1,325 $13,824 $1,715 $12,109
2013 $1,369 $14,343 $1,779 $12,564
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/11/2025 12/11/25 For Sale $149,900 -- --
Source: Central Illinois Board of REALTORS®

Purchase History

Date Type Sale Price Title Company
Quit Claim Deed -- None Listed On Document
Quit Claim Deed -- None Listed On Document
Warranty Deed $25,000 Central Illinois Title Co
Deed $24,000 --
Source: Public Records

About the Listing Agent

Shelby Younker
Shelby Younker

Agency One Insurance & Real Estate

(217) 885-2802

Section Image

My focus is helping people find the place where their next chapter unfolds, whether it's their very first home or their "Forever Home". I have been working in a small, family-owned agency here in Decatur for over 6 years selling real estate and insurance. Being able to help people find their happy place AND protect it is the greatest feeling. It helps me foster those relationships beyond the closing day and gives my clients peace of mind knowing that I'm always just a call away. Decatur Native

View Shelby's Profile

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Source: Central Illinois Board of REALTORS®

MLS Number: 6256482

APN: 04-12-15-257-004

Illinois Macon County Decatur 62522 Near West

555 W Main St, Decatur, IL

For Sale

MultiFamily

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Shelby Younker
Shelby Younker
Listing Agent Section Image
Agency One Insurance & Real Estate
(217) 885-2802