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.
For sale
$159,000
281 W Prairie Ave, Decatur, IL 62523
7beds
4baths
2,835sqft
Est.:
Quadruplex, Multi Family
Built in 1900
-- sqft lot
$-- Zestimate®
$56/sqft
$-- HOA
What's special
Recently remodeled apartments
- 117 days
- on Zillow |
- 304 |
- 22 |
Zillow last checked: 7 hours ago
Listing updated: March 22, 2025 at 07:59am
Listed by:
John Sellers 217-875-0555,
Brinkoetter REALTORS®
Source: CIBR,MLS#: 6248118
Originating MLS: Central Illinois Board Of REALTORS

Travel times
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 7
- Bathrooms: 4
Cooling
- None
Appliances
- Included: Gas Water Heater, Range, Refrigerator
Features
- Basement: Unfinished
Interior area
- Total structure area: 2,835
- Total interior livable area: 2,835 sqft
- Finished area above ground: 1,366
Property
Features
- Levels: Two
- Stories: 2
Lot
- Size: 0.66 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
- Vinyl Siding
- Roof: Shingle
Condition
- Year built: 1900
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Subdivision: Sears Add
Location
- Region: Decatur
Financial & listing details
- Price per square foot: $56/sqft
- Tax assessed value: $29,745
- Annual tax amount: $2,960
- Date on market: 12/30/2024
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