Presenting a well-maintained duplex featuring two fully occupied units on month-to-month leases, offering immediate cash flow and long-term upside. Located at 2140 W. Main St. ($975/mo) and 110 Edgewood Court ($900/mo), this property has seen only a modest 10% rent increase over the past eight years, leaving room for future growth.
Originally purchased in December 2014, the property has no liens and has been professionally managed by Swartz Property Management since 2022. Key improvements include:
• New roof installed within the last 5 years
• Kitchens refreshed in 2018
• Appliances replaced in 2015
This is a low-maintenance, income-generating asset with stable tenancy and value-add potential through rent optimization. Ideal for investors seeking a reliable return in a desirable location.
For sale
$169,900
2140 W Main St, Decatur, IL 62522
--beds
0baths
--sqft
Est.:
Duplex, Multi Family
Built in 1941
-- sqft lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
- 141 days |
- 238 |
- 8 |
Zillow last checked: 8 hours ago
Listing updated: December 31, 2025 at 10:18am
Listed by:
Ryan Frey 217-450-8500,
Vieweg RE/Better Homes & Gardens Real Estate-Service First,
Cole Babcock 217-433-0839,
Vieweg RE/Better Homes & Gardens Real Estate-Service First
Source: CIBR,MLS#: 6254697
Originating MLS: Central Illinois Board Of REALTORS
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 0
Cooling
- Central Air
Appliances
- Included: Gas Water Heater
Interior area
- Total structure area: 0
- Finished area above ground: 0
Property
Features
- Levels: Two
- Stories: 2
Lot
- Size: 7,840.8 Square Feet
Details
- Parcel number: 041217278003
- Zoning: MUN
- Special conditions: None
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Duplex, Multi Family
Materials
- Roof: Shingle
Condition
- Year built: 1941
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Subdivision: Edgewood An Add
Location
- Region: Decatur
Financial & listing details
- Tax assessed value: $46,162
- Annual tax amount: $4,432
- Date on market: 8/18/2025
- Cumulative days on market: 142 days
- Tenant pays: All Utilities
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 8/19/2025 | Listed for sale | $169,900+61.8% |
Source: | ||
| 5/9/2019 | Listing removed | $975 |
Source: Vieweg Real Estate #6192644 Report a problem | ||
| 4/9/2019 | Listed for rent | $975 |
Source: Vieweg Real Estate - Downtown #6192644 Report a problem | ||
| 2/4/2018 | Listing removed | $975 |
Source: Vieweg Real Estate #6174351 Report a problem | ||
| 11/2/2017 | Listed for rent | $975-2.5% |
Source: Vieweg Real Estate #6174351 Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $4,469 +0.8% | $46,162 +3.7% |
| 2023 | $4,432 +12.4% | $44,528 +15.5% |
| 2022 | $3,941 +6.4% | $38,539 +7.1% |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$1,027/mo
Principal & interest
$659
Property taxes
$309
Home insurance
$59
Climate risks
Neighborhood: 62522
Nearby schools
GreatSchools rating
- 2/10Dennis Lab SchoolGrades: PK-8Distance: 0.6 mi
- 2/10Macarthur High SchoolGrades: 9-12Distance: 1 mi
- 2/10Eisenhower High SchoolGrades: 9-12Distance: 3.2 mi
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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