Skip main navigation
Sold for $375,000 on 09/16/25
  • $375,000

    540 W Main St, Decatur, IL 62522

    --beds
    0baths
    --sqft
    Multi Family
    Built in 1961
    -- sqft lot
    $380,400 Zestimate®
    $--/sqft
    $858 Estimated rent

    Owner options

    List your home for rent

    $858/mo

    Rent Zestimate®

    Find your next renter with Zillow Rental Manager. Plus, with online applications, you can quickly screen prospective tenants – for free.

    Learn more

    $858/mo

    Rent Zestimate®

    Refinance and save

    $2,627/mo

    Est. payment

    Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.

    See today's rates

    $2,627/mo

    Est. payment

    What's special

    The Garden Apartment building is a 9 unit low-rise multifamily property. Mid-century design with all brick and steel construction. Nice sized units (6 two bedroom units & 3 one bedrooms). All units on separate electric meters. Shared coin operated washer/dry in basement. 6 covered parking spaces with additional ample street parking. All units have been refurbished with new flooring, paint, fixtures, and appliances. Only blocks away from Downtown Decatur to the East and Millikin University to the West. Capital improvements in the last 10 years included new boiler, furnace, water heater, and all new appliances. Stabilized third-party property management is in place. A profitable opportunity awaits for the right investor! Contact investment broker for all inquiries.

    Zillow last checked: 8 hours ago

    Listing updated: September 16, 2025 at 11:20am

    Listed by:

    Zane Peterson 217-422-3335,

    Main Place Real Estate

    Bought with:

    Trisha Beck, 471020223

    Beck Realtors, Inc.

    Source: CIBR,MLS#: 6251881MLS LogoOriginating MLS: Central Illinois Board Of REALTORS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bathrooms: 0
    Heating
    • Hot Water
    Cooling
    • Wall Unit(s)
    Appliances
    • Included: Gas Water Heater
    Interior area
    • Total structure area: 0
    • Finished area above ground: 0

    Property

    Features
    • Levels: Two
    • Stories: 2
    Lot
    • Size: 9,583 sqft
    Details
    • Parcel number: 041215254015
    • Zoning: R-6
    • Special conditions: None

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Roof: Other
    Condition
    • Year built: 1961

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & neighborhood

    Location
    • Region: Decatur
    • Subdivision: Western Add