62523, IL homes for sale & real estate

62523, IL Homes for Sale

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!

62523, IL Homes for Sale

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

62523, IL Homes for Sale

Downtown location. Perfect set up for a hair salon with individual rooms with water. Could be a mixed use for massage therapist, hair salon, esthetician, insurance company, etc. Paved parking with 8 parking spaces. Covered front and back porches. Every office has windows. Owner will Contract for Deed.

62523, IL Homes for Sale

4-unit building with mostly recently remodeled apartments. This building has been a great income producer for the owner. An extra, nicely landscaped and fenced lot next door provides recreation space for tenants and is included with the parcel. Income and expense information is available upon request. Owner pays utilities, trash service, lawn care, insurance and taxes. Per owner, roof approximately 5-years old. Subject to tenant's rights. Selling as-is. Please submit As-Is addendum with offers.