Invest here!! Gorgeous piece of history in the heart of downtown Decatur . This two possibly three unit investment property has separate utilities for each unit in place and upper unit already under lease for you. Basement unfinished but could easily convert to a third unit for a maximum monthly income. All new wiring, new waterline, newer boiler, kitchen updates, new foundation, new basement windows & newer roof. Upper unit with balcony off the back overseeing the driveway and 1 car detached garage.(electricity in place) Includes empty lot to the west. Front covered porch is the perfect perch for overseeing the historic neighborhood and relaxing with family and friends. Just steps to downtown for easy shopping, nightlife and dining. Opportunity awaits for your chance on this investment!!
Off market
$82,800
505 W Prairie Ave, Decatur, IL 62522
3beds
1,850sqft
MultiFamily
Built in 1896
-- sqft lot
$82,800 Zestimate®
$45/sqft
$964 Estimated rent
Owner options
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 3
- Full bathrooms: 2
- 1/2 bathrooms: 1
Heating
- Forced air
Cooling
- Other
Appliances
- Included: Dishwasher, Microwave, Range / Oven, Refrigerator
Features
- Flooring: Hardwood
- Basement: Partially finished
- Has fireplace: Yes
Interior area
- Total interior livable area: 1,850 sqft
Property
Parking
- Parking features: Off-street, On-street
Features
- Exterior features: Wood
Lot
- Size: 3,049 sqft
Details
- Parcel number: 041215254009
Construction
Type & style
- Home type: MultiFamily
Materials
- Frame
Condition
- Year built: 1896
Community & neighborhood
Community
- Community features: On Site Laundry Available
Location
- Region: Decatur
Other
Other facts
- Living room
- Vintage