For sale

$55,000

Est. $395/mo —

•

792

sq ft

2440 E Wood St, Decatur, IL 62521

About this home

This property presents a great opportunity with a long-term tenant currently in place on a month-to-month lease. Significant updates were completed in 2014, including a roof, windows, furnace, air conditioning system, and hot water heater, offering added peace of mind and improved efficiency. Whether you’re looking to expand your investment portfolio or plan to make this your own home, the seller is open to both possibilities, providing flexibility to fit your goals.

Single-familyProperty Type

1925Year Built

5,600 sq ftLot Size

$69Price/Sq.Ft.

1 car garageParking

Listed by LaShawn Fields • KELLER WILLIAMS-TREC

Listing updated: May 27, 2026 at 06:31pm

Redfin checked: 2 minutes ago

•Source:CIBR #6256920

Payment calculator

$395 per month

Principal and interest$275

Property taxes

$95

HOA dues

Home insurance

$26

Utilities

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Open houses

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Nearby open houses (5)

OPEN SAT, 10AM TO 12PM
$229,000
3 beds2.5 baths1,236 sq ft
4487 Hale Dr, Decatur, IL 62526
OPEN SAT, 2PM TO 4PM
$179,000
3 beds2.5 baths2,172 sq ft
4394 Huston Hills Rd, Decatur, IL 62526
OPEN SUN, 10AM TO 12PM
$524,900
4 beds4.5 baths6,811 sq ft
3255 Star Route Rd, Oakley, IL 62501
OPEN SUN, 12PM TO 2PM3D WALKTHROUGH
$172,500
3 beds2.5 baths2,305 sq ft
473 Timber Dr, Decatur, IL 62521
OPEN SUN, 1PM TO 3PM
$225,400
3 beds3 baths3,836 sq ft
5005 E William Rd, Decatur, IL 62521

Around this home

Schools

K - 12
Preschool & daycare

Michael E Baum Elementary School

Public K-6 • Assigned • 1.5mi

3/10

Stephen Decatur Middle School

Public 7-8 • Assigned • 3.3mi

2/10

Eisenhower High School

Public 9-12 • Assigned • 1.2mi

2/10

Provided by GreatSchools

About

Galloway

Galloway, located between Downtown Decatur and Lake Decatur, is a residential and civic Decatur neighborhood with tree-lined blocks and a steady, lived-in pace. The area reads as classic Midwestern streetscapes—modest single-family homes, small apartment buildings, and pockets of institutional architecture. Much of the neighborhood’s character concentrates around the Macon County Courthouse square, where lunch counters, local offices, and storefronts set a weekday rhythm. Community pillars include the Decatur Area Arts Council, the historic Transfer House, and the Decatur Public Library’s main branch. Side streets feel quieter, while the downtown grid brings galleries, coffee windows, and evening foot traffic. Green breaks and lakefront paths add breathing room to the urban fabric.

Provided by Walk Score and Local Logic

Offer insights

2440 E Wood St · $55,000

Strong offer

$55.03K and above

75% chance or better to win

Why $55.03K+ is a strong offer

DAYS ON MARKET

The average home goes pending in 22 days.

SALE-TO-LIST

Most homes are selling 2% below list price.

About offer insights

Property details

Interior
Exterior
Finance

Interior features
Gas water heater
Unfinished full basement

Bathrooms
1 full bathroom

Heating & cooling
Natural gas forced-air heating
Central air conditioning

Sale and tax history for 2440 E Wood St

Sale History
Tax History

Date

Event

Price

CIBR #6256920

Jan 27, 2026

Listed

$55,000

$69/sq ft

CIBR #6247678

Nov 13, 2024

Listed

$45,900

$58/sq ft

RMLSA as Distributed by MLS Grid #CA150894

Aug 21, 2015

Sold

$10,900

$14/sq ft

Feb 27, 2015

Listed

$14,000

$18/sq ft

MRED as Distributed by MLS Grid #11585965

Mar 11, 2014

Listing Removed

—

Public Records

Aug 19, 2011

Sold

$47,000

$59/sq ft

Public Records

Aug 3, 2005

Sold

$34,000

$43/sq ft

Year

Property tax

Land + Additions

Assessment*

2025

$1,179 (+3.4%)

$747 + $11,889

$12,636

2024

$1,140 (+0.8%)

$747 + $11,889

$12,636

2023

$1,131 (+5.7%)

$696 + $11,083

$11,779

2022

$1,070 (+6.4%)

$671 + $10,691

$11,362

2021

$1,006 (−2.1%)

$611 + $9,684

$10,295

2020

$1,027 (+3.6%)

$580 + $9,193

$9,773

2019

$991 (+4.6%)

$559 + $8,854

$9,413

2018

$947 (−2.3%)

$553 + $8,766

$9,319

2017

$970 (−1.9%)

$222 + $8,795

$9,017

2016

$988 (+143.4%)

$230 + $9,122

$9,352

2015

$406 (−0.7%)

$226 + $8,961

$9,187

2014

$409 (−5.0%)

$894 + $9,306

$10,200

2013

$430

$928 + $9,656

$10,584

Public record

Public record
Zoning

Beds

—

Baths

—

Stories

—

Lot width

140 ft.

Lot depth

40 ft.

Lot size

5,600 Sq. Ft.

Year renovated

—

Finished Sq. Ft.

—

Unfinished Sq. Ft.

—

Total Sq. Ft.

—

Year built

—

Style

Other

County

Macon County

APN

04-12-13-281-028

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Aug 14, 2026.

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

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 106° expected this year, 18 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 • 62521

Average low and high temperatures (°F)

Jan

Feb

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Sun exposure

Try the sun simulator tool to see how light moves across the property at different times of day and year.

Provided by Shadowmap

Redfin Estimate for 2440 E Wood St

We cannot show automated home-value estimates for this home.

Nearby homes have recently sold between $30,000 and $78,000.

Nearby comparable homes

The Redfin Estimate uses 5 recent nearby sales, priced between $30K to $78K.

SOLD MAY 29, 2026
$51,000 Last sold price
2 beds1 bath800 sq ft
855 Stone St, Decatur, IL 62521
$5/sq ft
larger lot
15 years older
SOLD DEC 30, 2025
$30,000 Last sold price
1 bed1 bath600 sq ft
2434 E Prairie St, Decatur, IL 62521
$19/sq ft
17 years newer
no basement
SOLD JAN 7, 2026
$78,000 Last sold price
2 beds1 bath1,080 sq ft
5 Lake Grove Clb, Decatur, IL 62521
$3/sq ft
smaller lot
10 years newer
SOLD FEB 18, 2026
$40,000 Last sold price
2 beds1 bath706 sq ft
1127 S 21st St, Decatur, IL 62521
$12/sq ft
smaller lot
1 year newer
SOLD AUG 3, 2026
$69,000 Last sold price
3 beds1 bath1,350 sq ft
1976 E Wood St, Decatur, IL 62521
$18/sq ft
24 years older

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