Investment Opportunity!
Turn-key 6-unit all-brick apartment building offering six spacious 1 bedroom / 1 bath units. Two units are currently rented, with the remaining ready to lease, making this a fantastic opportunity for an investor looking for immediate income potential.
Recent updates make this property truly low-maintenance:
-Brand new roof (2024)
-Replacement windows
-Fresh paint & new flooring throughout
-All new electrical (2025)
-Additional modern updates for tenant appeal
This solid, well-maintained building is ready for your portfolio. With the heavy lifting already done, you can step in and start generating income right away.
Pending
Price cut: $20K (12/9)
$239,900
450 W Macon St, Decatur, IL 62522
6beds
6baths
1,500sqft
Est.:
Multi Family
Built in 1930
-- sqft lot
$-- Zestimate®
$160/sqft
$-- HOA
What's special
- 130 days |
- 377 |
- 33 |
Zillow last checked: 8 hours ago
Listing updated: December 17, 2025 at 05:25pm
Listed by:
Jennifer Miller 217-422-3335,
Main Place Real Estate
Source: CIBR,MLS#: 6254682
Originating MLS: Central Illinois Board Of REALTORS
Originating MLS: Central Illinois Board Of REALTORSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 6
Heating
- Hot Water
Cooling
- Window Unit(s)
Appliances
- Included: Gas Water Heater, Range, Refrigerator
Features
- Attic
- Basement: Unfinished,Full
Interior area
- Total structure area: 1,500
- Total interior livable area: 1,500 sqft
- Finished area above ground: 1,500
Property
Features
- Levels: Three Or More
- Stories: 3
- Exterior features: Fence
- Fencing: Yard Fenced
Lot
- Size: 8,712 Square Feet
Details
- Parcel number: 041215402012
- Zoning: MUN
- Special conditions: None
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Brick
- Foundation: Basement
- Roof: Asphalt
Condition
- Year built: 1930
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Subdivision: Southwestern Add
Location
- Region: Decatur
Financial & listing details
- Price per square foot: $160/sqft
- Annual tax amount: $6,693
- Date on market: 8/19/2025
- Cumulative days on market: 99 days
- Road surface type: Gravel
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 12/18/2025 | Pending sale | $239,900$160/sqft |
Source:  CIBR #6254682 Report a problem | ||
| 12/9/2025 | Price change | $239,900-7.7%$160/sqft |
Source: CIBR #6254682 Report a problem | ||
| 11/6/2025 | Price change | $259,900-1.9%$173/sqft |
Source: CIBR #6254682 Report a problem | ||
| 10/17/2025 | Price change | $264,900-3.6%$177/sqft |
Source: CIBR #6254682 Report a problem | ||
| 10/6/2025 | Listed for sale | $274,900$183/sqft |
Source: CIBR #6254682 Report a problem | ||
Public tax history
Public tax history
Tax history is unavailable.BuyAbility℠ payment
Est. payment
$1,692/mo
Principal & interest
$1188
Property taxes
$420
Home insurance
$84
Climate risks
Neighborhood: 62522
Nearby schools
GreatSchools rating
- 2/10Dennis Lab SchoolGrades: PK-8Distance: 1.1 mi
- 2/10Macarthur High SchoolGrades: 9-12Distance: 1.4 mi
- 2/10Eisenhower High SchoolGrades: 9-12Distance: 1.6 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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