SOLD DEC 12, 2025

Off market dec 2025 for $450K

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— ba

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sq ft

135 E Prairie Ave Unit 1-4, Decatur, IL 62523

About this home

Downtown living is in high demand, making it a great investment opportunity to own all four residential loft condo units in the historic 135 E. Prairie building. All 4 units are rented and produce an impressive annual cash-flow return. Each unit offers unique features including cathedral ceilings and exposed brick walls. Historically extremely low vacancy rates. Building has new roof. Owners have re-invested nearly $50,000 of capital improvements into the property in the last two years. Offering does not include street level business condo, only upper level residential units. Click-thru CA available to view rent roll and financials. Contact commercial broker for all inquiries.

Multi-familyProperty Type

1880Year Built

2,721 sq ftLot Size

Listed by Zane Peterson • Main Place Real Estate

Bought with Staci Doolin • Brinkoetter REALTORS®

Redfin checked: 8 minutes ago

•Source:CIBR #6245377

Redfin Estimate

Unfortunately, we don't have enough data to generate an accurate Estimate at this time.

Market trends in 62523, IL

Last updated September 2026

Buyer's Market

Seller's Market

Seller's market

Sale-to-list price

0.0%

Median sale price

$10,500

Avg. days on market

Recently sold homes

Provided by Redfin

Sale history for 135 E Prairie Ave Unit 1-4

Date

Event

Price

CIBR #6245377

Dec 12, 2025

Sold

$450,000

Oct 28, 2025

Pending

—

Oct 7, 2025

Contingent

—

Sep 17, 2025

Relisted

—

Apr 3, 2025

Relisted

—

Apr 3, 2025

Price Changed

$565,000

Feb 6, 2025

Price Changed

$570,000

Aug 16, 2024

Listed

$599,000

CIBR #6222094

Nov 21, 2022

Sold

$435,000

Jul 20, 2022

Listed

$450,000

+18

Downtown living is in high demand, making it a great investment opportunity to own all 4 residential loft condo units in the historic 135 E. Prairie building. All 4 units are rented and produce an impressive annual cash-flow return. Each unit offers unique features including cathedral ceilings and exposed brick walls. Historically extremely low vacancy rates. Utilities split and the owner is responsible for insurance, trash, and common area maintenance. Currently priced at 8.5% CAP Rate. Future opportunities to convert to short term/corporate rentals and increase profitability exist in the market. It took the owner approximately a decade to assemble all four units. Contact broker for all inquiries.

Public record

Public record
Zoning

Beds

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Baths

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Stories

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Lot width

—

Lot depth

—

Lot size

—

Year renovated

—

Sq. Ft.

—

Year built

—

Style

Multi-Family (2-4 Unit)

County

Macon County

APN

04-12-15-282-033

Parking Spaces

—

Basement

—

Accessible

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HOA Dues

—

Garage

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Features

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Last updated by owner on Nov 23, 2025.

Property details

Interior

Heating & Cooling
Has Cooling
Cooling: Central Air

Interior Features
Appliances: Water Heater

Exterior

Exterior Features
Roof: Other

Building Information
Sq. Ft.: 0
Levels: One
# of Stories Total: 1

Property Information
Property Type: Residential Income
Property Sub Type: Quadruplex
Raw Mls Property Sub Type: Quadruplex

Lot Information
Lot Size : 0.06
Lot Size Area: 0.06
Lot Size Units: Acres
Lot Size Acres: 0.06
Zoning: MUN

Financial

Tax Information
Tax Annual Amount: $2,297

Utilities

Utility Information
Water Source: Public
Sewer: Public Sewer

Location

Schools Information
Elementary School District: Decatur Dist 61
Middle Or Junior School District: Decatur Dist 61
High School District: Decatur Dist 61

Location Information
Subdivision Name: Lease

Public facts

Beds: —
Baths: —
Sq. Ft.: —
Stories: —
Lot Size: —
Style: Multi-Family (2-4 Unit)
Year Built: —
Year Renovated: —
County: Macon County
APN: 04-12-15-282-033

Home facts updated by county records on Nov 23, 2025

Other

Listing Information
List AOR: CentralIllinoisBoardOfRealtors

Around this home

Schools

Dennis Lab School

Public K-8 • Assigned • 1.8mi

2/10

Eisenhower High School

Public 9-12 • Assigned • 1.4mi

2/10

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Climate risks

1/10 Flood Factor

Minimal risk of a flood reaching the building in the next 30 years

1/10 Fire Factor

Unlikely to be in a wildfire in next 30 years

4/10 Heat Factor

7 days above 106° expected this year, 19 days in 30 years

2/10 Wind Factor

1% chance of strong winds in next 30 years

2/10 Air Factor

1 unhealthy days expected this year, 1 days in 30 years

Provided by First Street

Historical weather

Decatur, IL • 62523

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

In this area, properties receive around 10.2 hours in June and 3.9 hours in December, which is comparable to the U.S. average for solar exposure.

10.2 hrs

3.9 hrs

JuneDecember

Provided by Shadowmap

Sell confidently with a local market expert in Decatur. 3 minutes to get started.

Nearby similar homes

$59,900

4 beds2 baths2,314 sq ft

454 Powers Ln, Decatur, IL 62522

Two kitchens • Two living rooms • Large sunroom

$139,000

— beds— baths— sq ft

555 W Main St, Decatur, IL 62522

Roof replaced • Electric rewired • Hvac system replaced

$135,000

6 beds6 baths— sq ft

1047 Main St, Decatur, IL 62522

New roof • Detached garage • 7,000 sq ft lot

Home values near 135 E Prairie Ave Unit 1-4

Data from public records.

Address	Redfin Estimate
135 East Prairie Ave Apt 3, Decatur, IL 1 Beds \| 1 Baths \| 827 Sq. Ft.	$123,406

Address	Redfin Estimate

Address	Redfin Estimate

Property information provided by CIBR when last listed in 2024. This data may not match . Learn more.

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GreatSchools Ratings provided by GreatSchools.org.

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