Seller now willing to offer seller financing for the 20% of purchase price lender would require! Ask your agent for details. Great investment opportunity at 11.7%+ capitalization rate w/ ~$21k annual rent and ~$14.7k+ net operating income! Unit 1 currently leased for $960/mo ($305/bedroom + $45/mo pet fee). Unit 2 currently leased for $915/mo ($305/bedroom). One block away from Millikin University, washer and dryer in both units, and nice updates make this a very attractive student rental. The house has been given an entire facelift since 2018 including new windows, new vinyl siding, new drywall, new appliances, new kitchen cabinets, and new bathroom fixtures. Each unit has its own HVAC and water heater, which seller believes were replaced around 2015. Separate exterior entrances for both units w/ separate USPS addresses. Lower unit has an additional living room and dining room, as well as basement access where the laundry is. Lots of parking in the rear! Current leases active through May and owner is actively marketing to sign new leases for 2023-2024 school year.
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Public record
Zoning
Beds
—
Baths
2
Stories
2
Lot width
211 ft.
Lot depth
64 ft.
Lot size
0.31 Acres
Year renovated
—
Sq. Ft.
1,128
Year built
1910
Style
Single Family Residential
County
Macon County
APN
04-12-16-255-006
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Aug 14, 2026.
R3
Single Family Residence District
The purpose of this district, and of districts R-2 and R-3 is to encourage and protect single-family neighborhoods and the land uses which are compatible with them.
Permitted uses
Include but are not limited to:
Community / recreation center
Religious facility
Housing-Single unit
Housing-Senior
Housing-Other
Public service
Educational/school
Library
Museum / gallery
Park & open space
Property details
Parking
Parking/Garage Information
Has Garage
# of Garage Spaces: 8
Interior
Virtual Tour
Heating & Cooling
Has Cooling
Cooling: Central Air
Has Heating
Heating: Natural Gas, Forced Air
Interior Features
Appliances: Dryer, Dishwasher, Gas Water Heater, Microwave, Oven, Refrigerator, Washer
Room Information
Has Basement
Basement Details: Unfinished
Exterior
Exterior Features
Roof: Asphalt, Shingle
Building Information
Sq. Ft.: 2152
Above Grade Finished Area: 1,026
Levels: Two
# of Stories Total: 2
Construction Materials: Vinyl Siding
Property Information
Property Type: Residential Income
Property Sub Type: Duplex
Raw Mls Property Sub Type: Duplex
Lot Information
Road Surface Type: Concrete
Lot Size : 0.31
Lot Size Area: 0.31
Lot Size Units: Acres
Lot Size Acres: 0.31
Zoning: MUN
Financial
Tax Information
Tax Annual Amount: $1,387
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
Directions: West on Main past Millikin
Subdivision Name: Alfred A Coopers Sub
Public facts
Beds: —
Baths: 2.0
Sq. Ft.: 1,128
Stories: 2.0
Lot Size: 0.31 acres
Style: Single Family Residential
Year Built: 1910
Year Renovated: —
County: Macon County
APN: 04-12-16-255-006
Home facts updated by county records on Aug 14, 2026
Other
Listing Information
List AOR: CentralIllinoisBoardOfRealtors
Around this home
Schools
Dennis Lab School
Public K-8 • Assigned • 2.1mi
2/10
Macarthur High School
Public 9-12 • Assigned • 0.9mi
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 105° expected this year, 19 days in 30 years
2/10 Wind Factor
2% 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 • 62522
Average low and high temperatures (°F)
32
17
43
25
61
38
68
48
74
54
83
66
87
71
83
65
82
58
72
48
53
38
40
25
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
Estimated sale price
$142,000 – $172,000
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