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Pending
  • $395,000

    540 W Main St, Decatur, IL 62522

    --beds
    0baths
    --sqft
    : 
    Multi Family
    Built in 1961
    -- sqft lot
    $-- Zestimate®
    $--/sqft
    $-- HOA

    What's special

    Brick and steel constructionCovered parking spacesNice sized units
    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.
    50 days
    on Zillow
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    373
    |
    26
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    Zillow last checked: 7 hours ago

    Listing updated: June 24, 2025 at 01:12pm

    Listed by:

    Zane Peterson 217-422-3335,

    Main Place Real Estate

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

    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: 9,583.2 Square Feet
    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 & HOA

    Community
    • Subdivision: Western Add
    Location
    • Region: Decatur

    Financial & listing details

    • Annual tax amount: $8,655
    • Date on market: 5/5/2025
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