This is a fantastic opportunity to expand your portfolio! This property offers 3 fully occupied units that comes with all appliances. Updates include: Roof replaced in 2012, electric rewired with 200 amp service 2015, 2nd/3rd floor HVAC system replaced 2015, main floor & addition furnace replaced 2023. Property has 1 gas meter, 1 water meter, and a detached garage with an overhead door operator. Basement & attic both have blown-in cellulose insulation. Unit 551: built-on addition w/ 1 bed/ 1 bath & additional bedroom in basement. Approximately 800 square feet. Unit 555: Main floor - 2 beds/1 bath. Approximately 1,200 square feet. Unit 553: 2nd & 3rd floor - 3 beds/2 bath with its own washer/dryer. Approximately 2,000 square feet. Units 551 & 555 share washer/dryer kept in basement. Average monthly power/gas bill: $500 Average water bill: $200 Trash: $30 Mowing (during spring/summer months): $100
Multi-familyProperty Type
1897Year Built
7,700 sq ftLot Size
1 car garageParking
Listed by Shelby Younker• Agency One Insurance & Real Estate
Decatur Historic District, located between Millikin University and downtown Decatur, is a historic and walkable Decatur neighborhood with tree-lined streets and landmark architecture. The neighborhood’s character concentrates around the Transfer House at E William Street and N Main Street, where courthouse-era streetscapes meet a steady rhythm of local storefronts and civic spaces. The Lincoln Square Theatre anchors the cultural calendar, while the Decatur Area Arts Council adds gallery energy nearby. Brick and stone homes, deep porches, and mature canopy trees set a measured, residential pace. Pocket parks and the lakefront greenway at Nelson Park shape everyday routes. Cafes and small restaurants along Merchant Street and Main Street keep the district connected to downtown.
Provided by Walk Score and Local Logic
Market insights
555 W Main St · $149,900
DAYS ON MARKET
258 days
The average home goes pending in 14 days.
SALE-TO-LIST
80.5%
Most homes are selling 19% below list price.
Property details
Interior
Exterior
Finance
Kitchen
Bathroom
Bedroom
Living
Interior features
Gas water heater
Partial unfinished basement
Kitchen
Range
Refrigerator
Laundry & utility
Washer
Dryer
Heating & cooling
Natural gas heating with forced air
Central air conditioning
Exterior features
Gravel road frontage
Aluminum siding
Home design
Residential income property (triplex)
Two-story
Parking
Detached garage (1 garage space)
Construction
Asphalt roof
Utilities
Public water
Public sewer
Electricity and solar
View estimated energy costs and solar savings for this home