Sold for $450,000 on 12/12/25
$450,000
135 E Prairie Ave #1-4, Decatur, IL 62523
--beds
0baths
--sqft
Quadruplex, Multi Family
Built in 1880
-- sqft lot
$450,800 Zestimate®
$--/sqft
$1,068 Estimated rent
Home value
$450,800
$401,000 - $505,000
$1,068/mo
Zestimate® history
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Owner options
Explore your selling options
What's special
Downtown living is in high demand, making it a great investment opportunity to own all four residential loft condo units in the historic 135 E. Prairie building. All 4 units are rented and produce an impressive annual cash-flow return. Each unit offers unique features including cathedral ceilings and exposed brick walls. Historically extremely low vacancy rates. Building has new roof. Owners have re-invested nearly $50,000 of capital improvements into the property in the last two years. Offering does not include street level business condo, only upper level residential units. Click-thru CA available to view rent roll and financials. Contact commercial broker for all inquiries.
Zillow last checked: 8 hours ago
Listing updated: December 15, 2025 at 07:42am
Listed by:
Zane Peterson 217-422-3335,
Main Place Real Estate
Bought with:
Staci Doolin, 475181289
Brinkoetter REALTORS®
Source: CIBR,MLS#: 6245377
Originating MLS: Central Illinois Board Of REALTORS
Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 0
Cooling
- Central Air
Appliances
- Included: Water Heater
Interior area
- Total structure area: 0
- Finished area above ground: 0
Property
Features
- Levels: One
- Stories: 1
Lot
- Size: 2,613 sqft
Details
- Parcel number: 041215282033
- Zoning: MUN
- Special conditions: None
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Quadruplex, Multi Family
Materials
- Roof: Other
Condition
- Year built: 1880
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Location
- Region: Decatur
- Subdivision: Lease
Price history
| Date | Event | Price |
|---|---|---|
| 12/12/2025 | Sold | $450,000-20.4% |
Source: | ||
| 10/28/2025 | Pending sale | $565,000 |
Source: | ||
| 10/7/2025 | Contingent | $565,000 |
Source: | ||
| 9/17/2025 | Listed for sale | $565,000 |
Source: | ||
| 8/12/2025 | Listing removed | $565,000 |
Source: | ||
Public tax history
Tax history is unavailable.
Neighborhood: 62523
Nearby schools
GreatSchools rating
- 2/10Dennis Lab SchoolGrades: PK-8Distance: 1.4 mi
- 2/10Eisenhower High SchoolGrades: 9-12Distance: 1.4 mi
- 2/10Macarthur High SchoolGrades: 9-12Distance: 1.5 mi
Schools provided by the listing agent
- District: Decatur Dist 61
Source: CIBR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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