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Sold for $232,000 on 02/23/23
  • $232,000

    657 W Main St, Decatur, IL 62522

    2beds
    2baths
    --sqft
    Multi Family
    Built in 1979
    -- sqft lot
    $233,000 Zestimate®
    $--/sqft
    $1,003 Estimated rent

    Home value

    $233,000

    $207,000 - $259,000

    $1,003/mo

    Zestimate® history
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    What's special

    Cashflow from Day 1 with the ALL-Brick 10 unit within half a mile from Millikin University. Two 1-bedroom units, and 8 Efficiencies. Each unit has forced air and newer heating and cooling wall systems. Separate meters for all units. Some units have been updated and Gross Potential Rents are $4,575. Actual rents are $3300 as owner has just finished updating 3 vacant units which could help new owner raise rents for instant VALUE ADD potential. 2020 150 Gallon Water Heater. Improvements since 2008-replacement windows, refurbished baths, fire alarm system, electrical, flooring and parking lot in back to name a few. Great for first time or seasoned investor.

    Zillow last checked: 8 hours ago

    Listing updated: March 01, 2023 at 07:37am

    Listed by:

    Kristen Dilley 765-585-4606,

    eXp Realty

    Bought with:

    Jennifer Miller, 556004964

    Glenda Williamson Realty

    Source: CIBR,MLS#: 6224971MLS LogoOriginating MLS: Central Illinois Board Of REALTORS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 2
    Cooling
    • Wall Unit(s)
    Appliances
    • Included: Dishwasher, Gas Water Heater
    Interior area
    • Total structure area: 0
    • Finished area above ground: 0

    Property

    Features
    • Levels: Three Or More
    • Stories: 3
    Lot
    • Size: 7,405 sqft
    Details
    • Parcel number: 041215181008
    • Zoning: R-6
    • Special conditions: None

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Roof: Other
    Condition
    • Year built: 1979

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & neighborhood

    Location
    • Region: Decatur

    Price history

    DateEventPrice
    2/23/2023Sold$232,000-9%
    Source: CIBR #6224971
    1/3/2023Pending sale$255,000
    Source: CIBR #6224971
    12/13/2022Contingent$255,000
    Source: CIBR #6224971
    12/6/2022Price change$255,000-7.2%
    Source: CIBR #6224971
    11/2/2022Listed for sale$274,900+52.7%
    Source: CIBR #6224971

    Public tax history

    Tax history is unavailable.

    Neighborhood: 62522

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • District: Decatur Dist 61

    Source: CIBR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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