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For sale
  • $162,000

    281 W Prairie Ave, Decatur, IL 62523

    --beds
    0baths
    2,732sqft
    : 
    Quadruplex, Multi Family
    Built in 1900
    -- sqft lot
    $-- Zestimate®
    $59/sqft
    $-- HOA

    What's special

    This building has been a solid income producer for the owner. The units have all been upgraded in the last 3-4 years. Landlord pays all utilities. Expense breakdown available to serious prospects upon request. Being sold as-is.
    114 days
    |
    25
    |
    0
    |

    Zillow last checked: 8 hours ago

    Listing updated: December 17, 2025 at 08:45am

    Listed by:

    John Sellers 217-875-0555,

    Brinkoetter REALTORS®

    Source: CIBR,MLS#: 6254941MLS LogoOriginating MLS: Central Illinois Board Of REALTORS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bathrooms: 0
    Cooling
    • None
    Appliances
    • Included: Gas Water Heater, Range, Refrigerator
    Features
    • Basement: Full
    Interior area
    • Total structure area: 2,732
    • Total interior livable area: 2,732 sqft
    • Finished area above ground: 1,388

    Property

    Features
    • Levels: Two
    • Stories: 2
    Lot
    • Size: 0.37 Acres
    Details
    • Parcel number: 041215279020
    • Zoning: O-1
    • Special conditions: None

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Traditional
    • Property subtype: Quadruplex, Multi Family
    Materials
    • Foundation: Basement
    • Roof: Shingle
    Condition
    • Year built: 1900

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Location
    • Region: Decatur

    Financial & listing details

    • Price per square foot: $59/sqft
    • Tax assessed value: $30,837
    • Annual tax amount: $2,960
    • Date on market: 9/2/2025
    • Cumulative days on market: 96 days
    John Sellers

    (217) 433-1879

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    Estimated market value

    Not available

    Estimated sales range

    Not available

    Not available

    Price history

    Price history
    DateEventPrice
    12/17/2025Listed for sale$162,000$59/sqft
    Source: CIBR #6254941 Report a problem
    11/27/2025Pending sale$162,000$59/sqft
    Source: CIBR #6254941 Report a problem
    11/6/2025Contingent$162,000$59/sqft
    Source: CIBR #6254941 Report a problem
    9/4/2025Listed for sale$162,000+1.9%$59/sqft
    Source: CIBR #6254941 Report a problem
    7/1/2025Listing removed$159,000$58/sqft
    Source: CIBR #6248118 Report a problem

    Public tax history

    Public tax history
    YearProperty taxesTax assessment
    2024$2,985 +0.8%$30,837 +3.7%
    2023$2,960 +17.3%$29,745 +20.5%
    2022$2,524 +95.2%$24,681 +96.4%

    Find assessor info on the county website

    BuyAbility℠ payment

    Est. payment
    $1,143/mo
    Principal & interest
    $802
    Property taxes
    $284
    Home insurance
    $57

      Climate risks

      Neighborhood: 62523

      Nearby schools

      GreatSchools rating
      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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