MLS Listings for Sale in Decatur, IL

MLS Listings for Sale in Decatur, IL

Beautiful location with all the panoramic views of Lake Decatur but not the high taxes. Situated on a 1/2 acre relatively level lot with close proximity to boat launch location if you need it. Large rooms throughout with windows to the west for afternoon sun and evening sunsets over the water. Popular ranch style home that lives larger than it appears. Just laid new vinyl plank flooring in two bedrooms , half bath and freshly painted master bedroom. Massive stone wood burning fireplace in the living rom. Equipped kitchen ready for the new chef. Appliances included along with entertainment center and flat screen TV. Attached garage can contain 2 vehicles parked tandem and still has a nice si

MLS Listings for Sale in Decatur, IL

Investor special at 844 N Edwards St in Decatur! This boarded-up property needs a full rehab from top to bottom. It features approximately 1,112 soft, a generous lot, and a rare 3-car cinderblock garage. Located near Millikin University and downtown, it’s a great opportunity for a flip or rental—bring your vision and your crew!

MLS Listings for Sale in Decatur, IL

Located in the heart of Decatur, 612 W Macon Street presents a fully renovated 17-unit multifamily asset offering strong current returns and value-add upside. The property features a diverse mix of one-bedroom, one-bathroom units, with one two-bedroom, one-bath unit, catering to a wide range of tenants—from young professionals to small families. Each unit has been upgraded over the past year with new windows, modern bathrooms, updated flooring, and refreshed interiors throughout . Listed at an 8% cap rate with two current vacancies, the pro forma performance projects a 12%+ cap rate once stabilized. Both vacant units are expected to be leased prior to closing. With strong rental deman

MLS Listings for Sale in Decatur, IL

This turnkey 11-unit multifamily building has been fully renovated from top to bottom within the last 12 months, featuring new windows, updated bathrooms, modern flooring, and more. Located just steps from the heart of Downtown Decatur, this well-maintained property offers an attractive mix of one-bedroom, one-bathroom units, along with one two-bedroom, one-bath unit. Its central location provides residents with easy access to shopping, dining, entertainment, and public transit, making it a prime spot for tenants seeking urban convenience. Currently listed at an 8% cap rate with two vacancies, this property offers significant upside—pro forma projections bring it to a 12%+ cap rate on