Attention investors and/or handymen. If you are looking for a fall project with a property that could produce a minimum rental income of $1200 per month upon completion, 2429 Graceland in Decatur, IL is it! Solid bones with a newer central AC unit, tankless water heater & updated vinyl windows, come with your visions and bring this long-term centrally located investment property to life. Selling AS-IS!
Neighborhood Empowerment, located between Downtown Decatur and Lake Decatur, is a civic-minded and residential Decatur neighborhood with a grid of tree-lined streets and a strong sense of local stewardship. The neighborhood’s character concentrates around the Decatur Civic Center plaza and the surrounding blocks, where event nights, marquee lights, and small storefronts set the tempo. Community pillars include the Decatur Civic Center, the Transfer House, and the Hieronymus Mueller Museum, anchoring a culture of local history and public gathering. Housing reads as classic Midwestern, with older frame homes and tidy lots mixed with small-scale infill. Parks and the lakefront shape daily routines with open lawns and water views. The downtown edge adds galleries, coffee counters, and festival energy without feeling glossy.
Provided by Walk Score and Local Logic
Offer insights
2429 N Graceland Ave · $55,000
$55.12K and above
75% chance or better to win
Why $55.12K+ is a strong offer
DAYS ON MARKET
41 days
The average home goes pending in 23 days.
SALE-TO-LIST
95.5%
Most homes are selling 4% below list price.
About offer insights
Property details
Interior
Exterior
Finance
Kitchen
Bathroom
Bedroom
Interior features
Gas water heater
Crawl space basement
Bedrooms
Total of 5 rooms (bedrooms included within room count)
Bathrooms
1 full bathroom
Kitchen
No specific kitchen appliance details provided
Laundry & utility
Laundry on main level
Heating & cooling
Electric heating
Central air conditioning
Exterior features
Fenced yard
Concrete road access
Home design
Single-family residence
One-story
Parking
Detached garage (1 car)
Construction
Vinyl siding
Shingle roof
Built with crawl space foundation
Utilities
Public water
Public sewer
Electricity and solar
View estimated energy costs and solar savings for this home
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
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
3/10 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 • 62526
Average low and high temperatures (°F)
33
17
43
25
61
39
68
49
74
55
83
66
87
70
83
65
83
57
71
50
54
38
40
26
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
94/ 100
Exceptional sunlight
Sunscore
This home receives average direct sun exposure in Decatur. There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
10.8 hrs
6.2 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 2429 N Graceland Ave
We cannot show automated home-value estimates for this home.
Nearby homes have recently sold between $34,000 and $80,000.
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $34K to $80K.