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    House for rent
  • $600/mo

    Fees may apply

    1646 E Wood St, Decatur, IL 62521

    2beds
    1,050sqft

    Price may not include required fees and charges. Learn more|

    Single family residence
    Available now
    Contact manager for more details about this home.

    What's special

    Well-maintained 2-bedroom home with a dry basement, strong mechanics, and extremely low taxes. Affordable monthly payment and flexible financing make this a smart choice for investors or buyers looking for a dependable, budget-friendly property. Affordable 2-bedroom home with strong fundamentals and low monthly taxes! This property offers a solid structure, dry basement, and flexible financingperfect for homeowners or investors seeking value and cash-flow potential. Financing Details Down Payment: $2,000 Monthly Payment: $600 Closing costs: $200 Owner financing available no traditional bank required Low down payment with very affordable monthly payment Ideal for first-time buyers or buy-and-hold investors Simple and flexible approval process Property Highlights All mechanicals are in working order Dry basement with good ceiling height Foundation in good shape No broken windows Property is being sold AS-IS Well-maintained structure with strong long-term potential Neighborhood & Location Perks Minutes from Scovill Zoo, Lake Decatur, and Downtown Decatur Close to schools, grocery stores, parks, and local dining Easy access to major roads and public transportation Established neighborhood with consistent rental demand Why Invest Here? Affordable entry into Decatur's real estate market Extremely low property taxes approximately $40/month (2025) Strong cash-flow opportunity with minimal upfront work Ideal for long-term rental, rent-to-own, or first-time ownership Contact Today for More Info or to Schedule a Showing: Credit Friendly Homes
    21 days
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    Zillow last checked: 7 hours ago

    Listing updated: March 05, 2026 at 12:12pm

    Travel times

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 1
    • Full bathrooms: 1
    Interior area
    • Total interior livable area: 1,050 sqft

    Property

    Parking
    • Details: Contact manager
    Details
    • Parcel number: 041213161015

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence

    Community & HOA

    Location
    • Region: Decatur

    Financial & listing details

    • Lease term: Contact For Details

    Price history

    DateEventPrice
    3/5/2026Listed for rent$600$1/sqft
    Source: Zillow Rentals Report a problem
    11/21/2025Sold$12,500-37.5%$12/sqft
    Source: CIBR #6256087 Report a problem
    11/18/2025Pending sale$20,000$19/sqft
    Source: CIBR #6256087 Report a problem
    11/11/2025Listed for sale$20,000+60%$19/sqft
    Source: CIBR #6256087 Report a problem
    6/18/2025Sold$12,500-3.8%$12/sqft
    Source: Public Record Report a problem
    7/13/2005Sold$13,000$12/sqft
    Source: Public Record Report a problem

    Neighborhood: 62521

    Nearby schools

    GreatSchools rating