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Auction
  • listing provided by
    Est. $28,000

    550 E Division St, Decatur, IL 62526

    2beds
    854sqft
    Single Family Residence
    Built in 1915
    3,920.4 Square Feet Lot
    $-- Zestimate®
    $33/sqft
    $-- HOA

    Overview

    Excellent investment opportunity in Decatur! This 2-bedroom, 1-bath home had most of the major updates completed and is ready for finishing touches. Perfect for an investor looking to add a solid property to their portfolio or create a steady Section 8 rental. The home features new drywall, a brand-new bathtub and vanity, fresh paint, and beautiful original wood floors. With a little more work, this property could easily be rent-ready or flipped for a great return. Enjoy a spacious yard, solid layout, and convenient location near local amenities and public transportation. Highlights: - 2 Bedrooms/1 Bathroom - Brand-new tub and vanity - Drywall and paint work completed - Gorgeous wood floors - Great yard and layout - Ideal for Section 8 or long-term rental income - Strong rental demand area This one won't last long - finish it out and start cash flowing! Buyer to pay all closing costs. Buyer may also choose their own preferred Title company.
    45 days
    |
    147
    |
    5
    |

    Zillow last checked: 17 hours ago

    Source: XomeMLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 2
      • Bathrooms: 1
      • Full bathrooms: 1
      Features
      • Has basement: No
      Interior area
      • Total structure area: 854
      • Total interior livable area: 854 sqft

      Property

      Features
      • Stories: 1
      Lot
      • Size: 3,920.4 Square Feet
      Details
      • Parcel number: 041211108031
      • Special conditions: Auction

      Construction

      Type & style
      • Home type: SingleFamily
      • Property subtype: Single Family Residence
      Condition
      • Year built: 1915

      Community & HOA

      Location
      • Region: Decatur

      Financial & listing details

      • Price per square foot: $33/sqft
      • Tax assessed value: $1,950
      • Annual tax amount: $189
      • Date on market: 2/1/2026
      • Lease term: Contact For Details
      This listing is brought to you by Xome
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        Estimated market value

        Not available

        Estimated sales range

        Not available

        $878/mo

        Public tax history

        Public tax history
        YearProperty taxesTax assessment
        2024$189 +0.8%$1,950 +3.7%
        2023$187 +43.9%$1,881 +47.9%
        2022$130 +6.3%$1,272 +7%
        2021$122 -2.2%$1,189 +3.8%
        2020$125 +3.6%$1,146 +1%
        2019$121 +10%$1,135 +8.9%
        2018$110 -2%$1,042 -2.5%
        2017$112 -1.9%$1,069 -1%
        2016$114 +5.2%$1,080 +1.8%
        2015$108 +7%$1,061 +1%
        2014$101 -2.5%$1,050 -3.6%
        2013$104 -12.8%$1,089 -2.9%
        2012$119 $1,122
        2011-- $1,122 -64.1%
        2010-- $3,123
        2009-- $3,123 -5.4%
        2006-- $3,303
        2005-- $3,303

        Find assessor info on the county website

        Climate risks

        Neighborhood: 62526

        Getting around

        52 / 100
        Somewhat Walkable
        44 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating