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For sale by owner
  • $34,999

    550 E Division St, Decatur, IL 62526

    2beds
    854sqft
    : 
    SingleFamily
    Built in 1915
    4,000 Square Feet Lot
    $-- Zestimate®
    $41/sqft
    $-- HOA

    What's special

    Fresh paintBeautiful original wood floorsSpacious yardNew drywallBrand-new bathtub and vanity
    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 Seller financing available! This one won’t last long - finish it out and start cash flowing!
    33 days
    |
    479
    |
    28
    |
    Listed by:

    Property Owner (901) 878-9449

    This property is for sale by owner and Zillow, Inc. is displaying it at the owner's request. It is not subject to a listing agreement with Zillow, Inc. or its affiliates.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 1
    • Full bathrooms: 1
    Features
    • Flooring: Hardwood
    • Basement: Unfinished
    Interior area
    • Total interior livable area: 854 sqft

    Property

    Features
    • Exterior features: Wood
    Lot
    • Size: 4,000 Square Feet
    Details
    • Parcel number: 041211108031

    Construction

    Type & style
    • Home type: SingleFamily
    Materials
    • Frame
    Condition
    • New construction: No
    • Year built: 1915

    Community & HOA

    Location
    • Region: Decatur

    Financial & listing details

    • Price per square foot: $41/sqft
    • Tax assessed value: $1,950
    • Annual tax amount: $189
    • Date on market: 11/7/2025
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    Estimated market value

    Not available

    Estimated sales range

    Not available

    $850/mo

    Price history

    Price history
    DateEventPrice
    11/7/2025Listed for sale$34,999$41/sqft
    Source: Owner Report a problem

    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%

    Find assessor info on the county website

    BuyAbility℠ payment

    Est. payment
    $209/mo
    Principal & interest
    $136
    Property taxes
    $61
    Home insurance
    $12

      Climate risks

      Neighborhood: 62526

      Nearby schools

      GreatSchools rating

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