$85,000

Estimated payment $617/month

Total Views 7,311
-- Bed
-- Bath
-- Sq Ft
-- Price per Sq Ft

About This Home

All-brick multi-family property is located just minutes from downtown Decatur, offering a prime investment opportunity with steady cash flow. The building features three fully-leased units: two one-bedroom apartments upstairs and a spacious two-bedroom unit on the main floor. With all units currently rented and a low-maintenance exterior, this property is a turnkey income generator. Ideal for investors looking for immediate returns and long-term growth potential!

Listing Agent

Kristy Frost

Main Place Real Estate License #475200529 Listed on: 08/19/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,095

Year Built

  • Built in 1938

Lot Details

  • 6,000 Sq Ft Lot

Home Design

  • Triplex
  • Shingle Roof

Interior Spaces

  • 2-Story Property
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Oven

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Heating System Uses Gas
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 04-12-15-180-001

Community Details

Overview

  • 3 Units
  • Prather & Adamsons Add Subdivision

Building Details

  • Operating Expense $500

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,095

Year Built

Built in 1938

Lot Details

0

Listing Details

  • Lot Size Acres: 0.14
  • Property Sub Type: Triplex
  • Prop. Type: Residential Income
  • Building Stories: 2
  • Subdivision Name: Prather & Adamsons Add
  • Year Built: 1938
  • Architectural Style: Other
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: Two
  • Property Sub Type Additional: Triplex
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Electric Water Heater, Oven, Refrigerator
  • Has Basement: Unfinished, Full
  • Basement YN: Yes
  • Owner Pays: Gas, Grounds Care, Snow Removal, Trash Collection, Water
  • Stories: 2

Exterior Features

  • Roof: Shingle
  • Waterfront: No
  • Foundation Details: Basement

Utilities

  • Cooling: Window Unit(s)
  • Heating: Electric, 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: 6000.0
  • Parcel #: 04-12-15-180-001
  • Zoning: MUN

Multi Family

  • Number Of Units Total: 3
  • Annual Operating Expense: 500.0

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 2095.0

Map

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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 $2,079 $21,474 $1,746 $19,728
2023 $2,062 $20,714 $1,684 $19,030
2022 $1,861 $18,196 $1,479 $16,717
2021 $1,748 $16,993 $1,381 $15,612
2020 $954 $8,970 $1,317 $7,653
2019 $954 $8,970 $1,317 $7,653
2018 $945 $8,999 $1,321 $7,678
2017 $968 $9,239 $1,356 $7,883
2016 $986 $9,333 $1,370 $7,963
2015 $1,674 $16,380 $1,346 $15,034
2014 $1,555 $16,218 $1,333 $14,885
2013 $1,113 $16,827 $1,383 $15,444
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/19/2025 08/19/25 For Sale $85,000 -- --
Source: Central Illinois Board of REALTORS®

Purchase History

Date Type Sale Price Title Company
Special Warranty Deed $75,000 None Listed On Document
Warranty Deed $28,000 None Available
Quit Claim Deed -- None Available
Deed $20,900 --
Source: Public Records

Source: Central Illinois Board of REALTORS®

MLS Number: 6254729

APN: 04-12-15-180-001