Affordable Homeownership or Turnkey Rental!
Looking for an affordable way to own or invest in real estate?
This 2 Bed / 1 Bath single-family home is a great value with a low entry cost and built-in equity potential.
FINANCING MADE SIMPLE:
Down Payment: $1,500
Monthly Total: $795
Principal & Interest: $629
Taxes: $103
Insurance: $63 (Included!)
Fixed Rate: 10.73% (Approx.)
Why This Property is a Win:
Solid structure with great bones
Covered front porch and large windows for natural light
Opportunity to add value with cosmetic updates
Perfect for buy-and-hold, fix & flip, or owner-occupant
In a quiet, developing neighborhood in Decatur
Perfect for:
Buy & hold investors seeking modest monthly cash flow
Buyers who want affordable home ownership with potential to build equity
Rehabbers / flippers who can add cosmetic upgrades
Own for less than rent!
Investors: Strong ROI potential with minor upgrades
Sold for $12,000 on 08/05/25
$12,000
2648 E Prairie St, Decatur, IL 62521
2beds
980sqft
Single Family Residence
Built in ----
-- sqft lot
$-- Zestimate®
$12/sqft
$831 Estimated rent
Home value
Not available
Estimated sales range
Not available
$831/mo
Zestimate® history
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Owner options
Explore your selling options
What's special
Zillow last checked: 8 hours ago
Listing updated: October 31, 2025 at 09:17pm
Source: Zillow Rentals
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
Interior area
- Total interior livable area: 980 sqft
Property
Parking
- Details: Contact manager
Details
- Parcel number: 041318151015
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Community & neighborhood
Location
- Region: Decatur
HOA & financial
Other fees
- Deposit fee: $1,500
Price history
| Date | Event | Price |
|---|---|---|
| 11/7/2025 | Listing removed | $795$1/sqft |
Source: Zillow Rentals | ||
| 10/1/2025 | Listed for rent | $795$1/sqft |
Source: Zillow Rentals | ||
| 8/5/2025 | Sold | $12,000-90.4%$12/sqft |
Source: Public Record | ||
| 3/21/2012 | Sold | $125,000+1288.9%$128/sqft |
Source: Public Record | ||
| 4/4/2008 | Sold | $9,000+20%$9/sqft |
Source: Public Record | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $1,232 +0.8% | $12,726 +3.7% |
| 2023 | $1,222 +5.6% | $12,275 +8.6% |
| 2022 | $1,156 +6.4% | $11,307 +7.1% |
Find assessor info on the county website
Neighborhood: 62521
Nearby schools
GreatSchools rating
- 1/10Michael E Baum Elementary SchoolGrades: K-6Distance: 1.4 mi
- 1/10Stephen Decatur Middle SchoolGrades: 7-8Distance: 3.3 mi
- 2/10Eisenhower High SchoolGrades: 9-12Distance: 1.4 mi