Investor alert! This 4-bedroom, 1-bath property offers an incredible opportunity for anyone looking to add value with a little sweat equity. With the right vision and updates, this home can be transformed into a charming residence full of character. Whether you're a seasoned investor or a handy homeowner ready for your next project, this property has the potential to shine. Bring your tools and imagination—this one is ready for a refresh! *Being sold AS IS!*
room sizes are approximate
For sale
Price cut: $10K (10/21)
$39,900
240 E Olive St, Decatur, IL 62526
4beds
1,785sqft
Est.:
Single Family Residence
Built in 1905
3,920.4 Square Feet Lot
$-- Zestimate®
$22/sqft
$-- HOA
What's special
- 75 days |
- 262 |
- 24 |
Zillow last checked: 8 hours ago
Listing updated: November 25, 2025 at 08:12pm
Listed by:
LaShawn Fields 217-356-6100,
KELLER WILLIAMS-TREC
Source: CIBR,MLS#: 6255612
Originating MLS: Central Illinois Board Of REALTORS
Originating MLS: Central Illinois Board Of REALTORSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 1
- Full bathrooms: 1
Bedroom
- Level: Main
- Dimensions: 11 x 10
Bedroom
- Level: Main
- Dimensions: 10 x 10
Bedroom
- Level: Upper
- Dimensions: 12 x 10
Bedroom
- Level: Upper
- Dimensions: 11 x 10
Breakfast room nook
- Level: Main
- Dimensions: 6 x 6
Other
- Level: Upper
- Dimensions: 5 x 7
Kitchen
- Level: Main
- Dimensions: 9 x 12
Living room
- Level: Main
- Dimensions: 12 x 14
Heating
- Gas
Cooling
- None
Appliances
- Included: Gas Water Heater, None
Features
- Breakfast Area, Main Level Primary
- Basement: Unfinished,Full
- Has fireplace: No
Interior area
- Total structure area: 1,785
- Total interior livable area: 1,785 sqft
- Finished area above ground: 1,785
- Finished area below ground: 0
Property
Features
- Levels: Two
- Stories: 2
- Patio & porch: Front Porch
Lot
- Size: 3,920.4 Square Feet
Details
- Parcel number: 041211102016
- Zoning: RES
- Special conditions: None
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Traditional
- Property subtype: Single Family Residence
Materials
- Aluminum Siding
- Foundation: Basement
- Roof: Shingle
Condition
- Year built: 1905
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Subdivision: Whitchels Add
Location
- Region: Decatur
Financial & listing details
- Price per square foot: $22/sqft
- Tax assessed value: $6,181
- Annual tax amount: $385
- Date on market: 10/12/2025
- Cumulative days on market: 68 days
- Road surface type: Concrete
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 11/26/2025 | Listed for sale | $39,900$22/sqft |
Source:  CIBR #6255612 Report a problem | ||
| 11/18/2025 | Pending sale | $39,900$22/sqft |
Source: CIBR #6255612 Report a problem | ||
| 10/21/2025 | Price change | $39,900-20%$22/sqft |
Source: CIBR #6255612 Report a problem | ||
| 10/13/2025 | Listed for sale | $49,900+565.3%$28/sqft |
Source: CIBR #6255612 Report a problem | ||
| 9/9/2024 | Sold | $7,500$4/sqft |
Source: Public Record Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $385 -2.7% | $6,181 +3.7% |
| 2023 | $396 -2.7% | $5,962 +7.2% |
| 2022 | $406 -0.6% | $5,559 +7.1% |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$239/mo
Principal & interest
$155
Property taxes
$70
Home insurance
$14
Climate risks
Neighborhood: 62526
Nearby schools
GreatSchools rating
- 1/10Hope AcademyGrades: K-8Distance: 0.8 mi
- 2/10Macarthur High SchoolGrades: 9-12Distance: 1.4 mi
- 2/10Eisenhower High SchoolGrades: 9-12Distance: 2.3 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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