A true value-add gem with low entry cost and built-in upsidethis fixer-upper offers a rare 3-month payment break while you renovate, making it ideal for investors or handy buyers ready to turn sweat equity into long-term gains.
Excellent value-add opportunity in Decatur! This 2-bedroom home offers generous square footage, ultra-low monthly payments, and a rare rehab grace periodperfect for investors or handy buyers looking to build equity fast.
Financing Details
Down Payment: $1,000
Monthly Payment: $350
No payments for the first 3 months while repairs are being completed
10-year note
Cash purchase option: $12,000
Property Highlights
Needs work significant rehab required
Ideal fixer-upper / value-add project
3-month payment grace period for renovations
Strong upside potential after improvements
Neighborhood & Location Perks
Located in an established Decatur neighborhood
Close to schools, local parks, and shopping
Easy access to major roads and public transportation
Short drive to downtown Decatur
Why Invest Here?
Extremely low entry cost
One of the lowest monthly payments available
Flexible purchase options (cash or terms)
Perfect BRRR or buy-and-hold opportunity
Strong equity potential after rehab
Contact Today for More Info or to Schedule a Showing:
Credit Friendly Homes
House for rent
$350/mo
Fees may apply
2271 E Hickory St, Decatur, IL 62526
2beds
--sqft
Price may not include required fees and charges. Learn more|
Single family residence
Available now
What's special
- 1 day |
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Zillow last checked: 9 hours ago
Listing updated: March 05, 2026 at 12:12pm
Travel times
Looking to buy when your lease ends?
Consider a first-time homebuyer savings account designed to grow your down payment with up to a 6% match & a competitive APY.
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
Property
Parking
- Details: Contact manager
Details
- Parcel number: 041212253004
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Community & HOA
Location
- Region: Decatur
Financial & listing details
- Lease term: Contact For Details
Price history
| Date | Event | Price |
|---|---|---|
| 3/5/2026 | Listed for rent | $350 |
Source: Zillow Rentals Report a problem | ||
Neighborhood: 62526
Nearby schools
GreatSchools rating
- 1/10Hope AcademyGrades: K-8Distance: 1 mi
- 2/10Eisenhower High SchoolGrades: 9-12Distance: 2 mi
- 2/10Macarthur High SchoolGrades: 9-12Distance: 2.9 mi

