RARE downtown investment opportunity has hit the market! This thirteen-unit mixed-use property offers six retail storefronts at street level and seven upstairs apartments, along with an off-street parking lot on the north side. Most units are individually metered, with landlord responsibilities varying by lease. With room to grow income through future rent adjustments and a prime location on historic West Main Street near Millikin University, this property is full of potential. Please do not disturb tenants.
New
$795,000
228-248 W Main St, Decatur, IL 62521
--beds
--baths
0.37Acres
Unimproved Land
Built in ----
0.37 Acres Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
- 1 day |
- 127 |
- 3 |
Zillow last checked:
Listing updated:
Listing courtesy of:
Mitchell Cohen 847-436-3551,
Cove Realty Inc,
Ty McGuire,
Cove Realty Inc
Source: MRED as distributed by MLS GRID,MLS#: 12637996
Facts & features
Interior
Heating
- Natural Gas
Cooling
- Central Air
Property
Features
- Frontage length: 248
Lot
- Size: 0.37 Acres
Details
- Parcel number: 121527901300
- Special conditions: None
Utilities & green energy
- Water: Municipal Water
- Utilities for property: Electric to Site, Natural Gas Available
Community & HOA
Location
- Region: Decatur
Financial & listing details
- Annual tax amount: $10,428
- Date on market: 5/7/2026
- Ownership: Fee Simple
- Electric utility on property: Yes
- Road surface type: Concrete
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 5/7/2026 | Listed for sale | $795,000 |
Source:  MRED as distributed by MLS GRID #12637996 Report a problem | ||
Public tax history
Tax history is unavailable.
Monthly payment
Estimated monthly payment
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: 62521
Nearby schools
GreatSchools rating
- NAMcgaughey Elementary SchoolGrades: PK-2Distance: 0.5 mi
- 6/10Mt Zion Jr High SchoolGrades: 7-8Distance: 1.4 mi
- 7/10Mt Zion High SchoolGrades: 9-12Distance: 1.3 mi
Schools provided by the listing agent
- District: 61
Source: MRED as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
A local agent can set up tours, give advice and negotiate with sellers.
A local lender can help you make sure your offer is ready when you are.
- Illinois
- Macon County
- Decatur
- 62521
- 228-248 W Main St
Nearby cities
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