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For sale
    • $162,000

    281 W Prairie Ave, Decatur, IL 62523

    --beds
    0baths
    2,732sqft
    : 
    $1,240/mo
    Get pre-qualified
    Quadruplex, Multi Family
    Built in 1900
    -- sqft lot
    $-- Zestimate®
    $59/sqft
    $-- HOA

    What's special

    This building has been a solid income producer for the owner. The units have been upgraded in the last 3-4 years. Landlord pays all utilities. Expense breakdown available to qualified prospects upon request. Building is 100% occupied. Possession is subject to tenants' rights. Selling as-is.
    354 days
    |
    109
    |
    6
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    John Sellers 217-875-0555,

    Brinkoetter REALTORS®

    Source: CIBR,MLS#: 6254941MLS LogoOriginating MLS: Central Illinois Board Of REALTORS

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bathrooms: 0
      Cooling
      • None
      Appliances
      • Included: Gas Water Heater, Range, Refrigerator
      Features
      • Basement: Full
      Interior area
      • Total structure area: 2,732
      • Total interior livable area: 2,732 sqft
      • Finished area above ground: 1,388

      Property

      Features
      • Levels: Two
      • Stories: 2
      Lot
      • Size: 0.37 Acres
      Details
      • Parcel number: 041215279020
      • Zoning: O-1
      • Special conditions: None

      Construction

      Type & style
      • Home type: MultiFamily
      • Architectural style: Traditional
      • Property subtype: Quadruplex, Multi Family
      Materials
      • Foundation: Basement
      • Roof: Shingle
      Condition
      • Year built: 1900

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public

      Community & HOA

      Location
      • Region: Decatur

      Financial & listing details

      • Price per square foot: $59/sqft
      • Tax assessed value: $30,837
      • Annual tax amount: $2,960
      • Date on market: 9/2/2025
      • Cumulative days on market: 309 days

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        12/17/2025Listed for sale$162,000$59/sqft
        Source: CIBR #6254941 Report a problem
        11/27/2025Pending sale$162,000$59/sqft
        Source: CIBR #6254941 Report a problem
        11/6/2025Contingent$162,000$59/sqft
        Source: CIBR #6254941 Report a problem
        9/4/2025Listed for sale$162,000+1.9%$59/sqft
        Source: CIBR #6254941 Report a problem
        7/1/2025Listing removed$159,000$58/sqft
        Source: CIBR #6248118 Report a problem
        2/27/2025Listed for sale$159,000$58/sqft
        Source: CIBR #6248118 Report a problem
        1/29/2025Contingent$159,000$58/sqft
        Source: CIBR #6248118 Report a problem
        1/13/2025Listed for sale$159,000$58/sqft
        Source: CIBR #6248118 Report a problem
        1/7/2025Contingent$159,000$58/sqft
        Source: CIBR #6248118 Report a problem
        12/30/2024Listed for sale$159,000$58/sqft
        Source: CIBR #6248118 Report a problem
        9/7/2021Listing removed--
        Source: CIBR Report a problem
        9/3/2021Listed for sale$159,000+44.5%$58/sqft
        Source: CIBR #6214967 Report a problem
        2/20/2020Sold$110,000-4.3%$40/sqft
        Source: Agent Provided Report a problem
        2/1/2020Pending sale$115,000$42/sqft
        Source: Vieweg Real Estate - North #6195778 Report a problem
        1/20/2020Price change$115,000+135.2%$42/sqft
        Source: Vieweg Real Estate - North #6195778 Report a problem
        8/5/2019Listed for sale$48,900$18/sqft
        Source: Vieweg Real Estate - North #6195778 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2024$2,985 +0.8%$30,837 +3.7%
        2023$2,960 +17.3%$29,745 +20.5%
        2022$2,524 +95.2%$24,681 +96.4%
        2021$1,293 -2.1%$12,568 +3.8%
        2020$1,321 +43.7%$12,105 +40.1%
        2019$919 +0.7%$8,642 -0.3%
        2018$913 -2.1%$8,671 -2.6%
        2017$932 -1.9%$8,902 -1%
        2016$950 +5.2%$8,993 +1.8%
        2015$903 $8,834
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        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.
        See how much you could borrow to make a competitive offer.
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        Climate risks

        Neighborhood: 62523

        Getting around

        84 / 100
        Very Walkable
        65 / 100
        Bikeable

        Nearby schools

        GreatSchools rating
        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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