SOLD SEP 16, 2025

Off Market Sep 2025 for $375K

—

Est. refi paymentEst. refi $1,105/mo

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•

— ba

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sq ft

540 W Main St, Decatur, IL 62522

About this home

The Garden Apartment building is a 9 unit low-rise multifamily property. Mid-century design with all brick and steel construction. Nice sized units (6 two bedroom units & 3 one bedrooms). All units on separate electric meters. Shared coin operated washer/dry in basement. 6 covered parking spaces with additional ample street parking. All units have been refurbished with new flooring, paint, fixtures, and appliances. Only blocks away from Downtown Decatur to the East and Millikin University to the West. Capital improvements in the last 10 years included new boiler, furnace, water heater, and all new appliances. Stabilized third-party property management is in place. A profitable opportunity awaits for the right investor! Contact investment broker for all inquiries.

Multi-familyProperty Type

1961Year Built

9,750 sq ftLot Size

Listed by Zane Peterson • Main Place Real Estate

Bought with Trisha Beck • Beck Realtors, Inc.

Redfin checked: 2 minutes ago

•Source:CIBR #6251881

Redfin Estimate

There isn’t enough information to generate an accurate estimate at this time. Learn More

Market trends in 62522, IL

Last updated July 2026

Buyer's Market

Seller's Market

Seller's market

Sale-to-List Price

98.6%

+2.1% MoM

Median sale price

$114K

$2K MoM

Avg. days on market

33d

11 days MoM

Recently sold homes

8 MoM

New listings for sale

NEW 31 HRS AGO
$189,900
3 beds2.5 baths2,279 sq ft
1552 W Sunset Ave, Decatur, IL 62522
$220,000
3 beds2 baths1,421 sq ft
555 Scovill Ct, Decatur, IL 62522
3D WALKTHROUGH
$78,500
1 bed1 bath1,171 sq ft
251 N Church St #6, Decatur, IL 62522
$49,000
2 beds1 bath672 sq ft
1272 King St, Decatur, IL 62522
3D WALKTHROUGH
$70,000
4 beds1 bath1,228 sq ft
1016 W King St, Decatur, IL 62522
$30,000
— beds— baths2,988 sq ft
442 Prairie Ave, Decatur, IL 62522
$65,000
3 beds1 bath1,141 sq ft
1126 N University Ave, Decatur, IL 62522
$84,900
5 beds3 baths2,725 sq ft
561 N Church St, Decatur, IL 62522
See all

Provided by Redfin

Sale history for 540 W Main St

Date

Event

Price

CIBR #6251881

Sep 16, 2025

Sold

$375,000

Jun 24, 2025

Pending

—

May 5, 2025

Listed

$395,000

MRED as Distributed by MLS Grid #12402475

Jun 24, 2025

Listing Removed

—

LEASESTAR #1

Mar 1, 2024

Rental Removed

$775

Feb 17, 2024

Listed for Rent

$775

MRED as Distributed by MLS Grid #11909963

Dec 5, 2023

Listing Removed

—

CIBR #6229779

Oct 16, 2023

Listed

$349,000

CIBR #6201471

Jan 15, 2021

Sold

$307,000

Apr 27, 2020

Listed

$350,000

CIBR #6161736

Aug 31, 2016

Sold

$189,000

May 2, 2016

Listed

$199,000

MRED as Distributed by MLS Grid #11592296

Oct 14, 2015

Listing Removed

—

Public Records

Jan 30, 2013

Sold

$182,000

MRED as Distributed by MLS Grid #11580470

Oct 11, 2012

Listing Removed

—

MRED as Distributed by MLS Grid #11578241

Sep 3, 2010

Listing Removed

—

MRED as Distributed by MLS Grid #11576251

Mar 13, 2009

Listing Removed

—

Year

Property tax

Land + Additions

Assessment*

2025

$9,026 (+3.4%)

$10,787 + $85,926

$96,713

2024

$8,728 (+0.8%)

$10,787 + $85,926

$96,713

2023

$8,655 (+5.2%)

$10,056 + $80,103

$90,159

2022

$8,230 (+6.4%)

$9,700 + $77,267

$86,967

2021

$7,733 (−2.1%)

$8,830 + $70,339

$79,169

2020

$7,897 (+3.6%)

$8,382 + $66,773

$75,155

2019

$7,621 (+83.9%)

$8,073 + $64,310

$72,383

2018

$4,144 (−2.3%)

$7,993 + $63,673

$71,666

2017

$4,242 (−1.9%)

$9,434 + $30,010

$39,444

2016

$4,323 (+5.3%)

$9,785 + $31,125

$40,910

2015

$4,107 (+7.7%)

$9,612 + $30,575

$40,187

2014

$3,814 (−1.7%)

$9,517 + $30,272

$39,789

2013

$3,881

$9,874 + $31,409

$41,283

Tax history for 540 W Main St

Year

Property tax

Land + Additions

Assessment*

2025

$9,026 (+3.4%)

$10,787 + $85,926

$96,713

2024

$8,728 (+0.8%)

$10,787 + $85,926

$96,713

2023

$8,655 (+5.2%)

$10,056 + $80,103

$90,159

2022

$8,230 (+6.4%)

$9,700 + $77,267

$86,967

2021

$7,733 (−2.1%)

$8,830 + $70,339

$79,169

2020

$7,897 (+3.6%)

$8,382 + $66,773

$75,155

2019

$7,621 (+83.9%)

$8,073 + $64,310

$72,383

2018

$4,144 (−2.3%)

$7,993 + $63,673

$71,666

2017

$4,242 (−1.9%)

$9,434 + $30,010

$39,444

2016

$4,323 (+5.3%)

$9,785 + $31,125

$40,910

2015

$4,107 (+7.7%)

$9,612 + $30,575

$40,187

2014

$3,814 (−1.7%)

$9,517 + $30,272

$39,789

2013

$3,881

$9,874 + $31,409

$41,283

*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

—

Stories

—

Lot width

150 ft.

Lot depth

65 ft.

Lot size

9,750 Sq. Ft.

Year renovated

—

Sq. Ft.

—

Year built

—

Style

Multi-Family (5+ Unit)

County

Macon County

APN

04-12-15-254-015

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Aug 14, 2026.

Property details

Interior

Heating & Cooling
Has Cooling
Cooling: Wall Unit(s)
Has Heating
Heating: Hot Water

Interior Features
Appliances: Gas Water Heater

Exterior

Exterior Features
Roof: Other

Building Information
Sq. Ft.: 0
Levels: Two
# of Stories Total: 2

Property Information
Property Type: Residential Income
Property Sub Type: Multi Family
Raw Mls Property Sub Type: Multi Family

Lot Information
Lot Size : 0.22
Lot Size Area: 0.22
Lot Size Units: Acres
Lot Size Acres: 0.22
Zoning: R-6

Financial

Tax Information
Tax Annual Amount: $8,655

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: Western Add

Public facts

Beds: —
Baths: —
Sq. Ft.: —
Stories: —
Lot Size: 9,750 square feet
Style: Multi-Family (5+ Unit)
Year Built: —
Year Renovated: —
County: Macon County
APN: 04-12-15-254-015

Home facts updated by county records on Aug 14, 2026

Other

Listing Information
List AOR: CentralIllinoisBoardOfRealtors

Around this home

Schools
Places
Transit

Dennis Lab School

Public K-8 • Assigned • 1.8mi

2/10

Macarthur High School

Public 9-12 • Assigned • 1.2mi

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 • 62522

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

Is this your home?

Track this home’s value and nearby sales activity

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New listings for sale in 62522

NEW 31 HRS AGO

$189,900

3 beds2.5 baths2,279 sq ft

1552 W Sunset Ave, Decatur, IL 62522

$220,000

3 beds2 baths1,421 sq ft

555 Scovill Ct, Decatur, IL 62522

3D WALKTHROUGH

$78,500

1 bed1 bath1,171 sq ft

251 N Church St #6, Decatur, IL 62522

$49,000

2 beds1 bath672 sq ft

1272 King St, Decatur, IL 62522

3D WALKTHROUGH

$70,000

4 beds1 bath1,228 sq ft

1016 W King St, Decatur, IL 62522

$30,000

— beds— baths2,988 sq ft

442 Prairie Ave, Decatur, IL 62522

$65,000

3 beds1 bath1,141 sq ft

1126 N University Ave, Decatur, IL 62522

$84,900

5 beds3 baths2,725 sq ft

561 N Church St, Decatur, IL 62522

Home values near 540 W Main St

Data from public records.

Address	Redfin Estimate
562 West Main St, Decatur, IL 4 Beds \| 2 Baths \| 2222 Sq. Ft.	—
623 West Main St, Decatur, IL - Beds \| 1 Baths \| - Sq. Ft.	$55,036

Address	Redfin Estimate
554 West Main St, Decatur, IL - Beds \| - Baths \| - Sq. Ft.	—
545 West Main St, Decatur, IL 1 Beds \| 6 Baths \| 5550 Sq. Ft.	—

Address	Redfin Estimate
563 West Main St, Decatur, IL - Beds \| 1 Baths \| 1152 Sq. Ft.	$45,052
555 West Main St, Decatur, IL - Beds \| - Baths \| - Sq. Ft.	—

Property information provided by undefined .

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GreatSchools Ratings provided by GreatSchools.org.

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About this home

Redfin Estimate

Market trends in 62522, IL

Sale history for 540 W Main St

Tax history for 540 W Main St

Public record

Property details

Around this home

Lifestyle

Climate risks

Historical weather

Sun exposure

Is this your home?

Nearby similar homes

New listings for sale in 62522

Home values near 540 W Main St

More real estate resources