Decatur, IL 62522,657 W Main ST
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Decatur, IL 62522,657 W Main ST
Decatur, IL 62522,657 W Main ST
Decatur, IL 62522,657 W Main ST
Decatur, IL 62522,657 W Main ST

$232,000

Est. payment /mo

$255,000

9.0%
Est.Price: ?

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657 W Main ST Decatur, IL 62522

7,405 Sqft Lot

SOLD DATE : 02/23/2023

Key Details

Sold Price $232,000

Property Type Multi-Family

Sub Type Multi Family 5+

Listing Status Sold

Purchase Type For Sale

MLS Listing ID 11665454

Sold Date 02/23/23

Year Built 1979

Annual Tax Amount $3,782

Tax Year 2021

Lot Size 7,405 Sqft

Lot Dimensions 50 X 140

Property Description

Cashflow from Day 1 with this 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 that are ready to be leased by the new owner or can be filled prior to closing. Strong DEMAND for these 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 the back! Great for first time or seasoned investor.

Location

State IL

County Mason

Area Decatur

Interior

Fireplace N

Building

Level or Stories 3

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Midwest Real Estate Data (MRED) IDX
Listed by J Leman • eXp Realty,LLC-Cha
Bought with Inactive Inactive • Baird & Warner Fox Valley - Geneva

Laurie Field

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+1(312) 504-7010

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