INVESTORS ATTENTION TO THIS ONE. Here's an excellent investment opportunity--check out the rate of return--estimated at 12%. The building has been totally updated with newer HVAC systems for each unit. Each one well decorated. All newer stoves and refrigerators. Newer roof. Coin operated laundry in the basement produces about $2900 annually. There are storage units in the basement for each unit. 4-car masonry garage. Excellent location near downtown and also in the NEAR WEST SIDE area where many of the older HISTORIC HOMES are well maintained making it an attractive location for tenants. Units are fully leased.
Sold for $312,900 on 11/17/25
$312,900
422 W William St, Decatur, IL 62522
9beds
5baths
3,520sqft
Multi Family
Built in 1951
-- sqft lot
$295,400 Zestimate®
$89/sqft
$942 Estimated rent
Home value
$295,400
$281,000 - $310,000
$942/mo
Zestimate® history
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Owner options
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What's special
Zillow last checked: 8 hours ago
Listing updated: November 17, 2025 at 03:14pm
Listed by:
Bruce Campbell 217-429-5218,
Lyle Campbell & Son Realtors
Bought with:
Brandon Peteroccelli, 475203112
Haldon Burgener Auction & Realty
Source: CIBR,MLS#: 6254591
Originating MLS: Central Illinois Board Of REALTORS
Originating MLS: Central Illinois Board Of REALTORSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 9
- Bathrooms: 5
Heating
- Forced Air, Gas
Cooling
- Central Air
Appliances
- Included: Gas Water Heater, Range, Refrigerator
Features
- Basement: Unfinished,Full
Interior area
- Total structure area: 3,520
- Total interior livable area: 3,520 sqft
- Finished area above ground: 1,560
Property
Parking
- Total spaces: 4
- Parking features: Detached, Garage
- Garage spaces: 4
Features
- Levels: Two
- Stories: 2
Lot
- Size: 7,405 sqft
- Dimensions: 60 x 124
Details
- Parcel number: 041215209013
- Zoning: R-6
- Special conditions: None
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Traditional
- Property subtype: Multi Family
Materials
- Brick
- Foundation: Basement
- Roof: Composition
Condition
- Year built: 1951
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Location
- Region: Decatur
- Subdivision: Western
Other
Other facts
- Road surface type: Concrete
Price history
| Date | Event | Price |
|---|---|---|
| 11/17/2025 | Sold | $312,900$89/sqft |
Source:  CIBR #6254591 | ||
| 10/31/2025 | Pending sale | $312,900$89/sqft |
Source: CIBR #6254591 | ||
| 10/15/2025 | Contingent | $312,900$89/sqft |
Source: CIBR #6254591 | ||
| 9/15/2025 | Listed for sale | $312,900$89/sqft |
Source: CIBR #6254591 | ||
| 8/17/2025 | Listing removed | $800 |
Source: Zillow Rentals | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $3,262 +0.8% | $33,694 +3.7% |
| 2023 | $3,235 +5.4% | $32,502 +8.4% |
| 2022 | $3,068 +6.4% | $29,995 +7.1% |
Find assessor info on the county website
Neighborhood: 62522
Nearby schools
GreatSchools rating
- 2/10Dennis Lab SchoolGrades: PK-8Distance: 1.2 mi
- 2/10Eisenhower High SchoolGrades: 9-12Distance: 1.5 mi
- 2/10Macarthur High SchoolGrades: 9-12Distance: 1.6 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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