Price: $85,000
Down Payment: $3,000
Monthly Payment: $850
Term: 30 Years (Fully Amortized at 12%)
Property Overview
Start building equity with this well-located single-family home in Decatur's peaceful residential area. Ideal for first-time buyers or investors, this Rent-to-Own home sits on a 6,080 sq. ft. lot in the T.J. Cummings 1st Addition subdivision, offering plenty of yard space for outdoor living and long-term ownership potential.
Property Highlights
2 Bedroom/ 1 Bath w/ 1 car detached garage
Spacious Lot (6,080 sq. ft.)
Quiet Residential Neighborhood
Close to Schools, Shopping, and Parks
Ample Yard for Gardening or Play
Why Rent When You Can Own?
Own this home today with just a small down payment and affordable monthly payments, cheaper than rent!
No Bank Needed
Build Equity
Flexible Terms
Apartment for rent
Accepts Zillow applications
$850/mo
540 S 16th St #1, Decatur, IL 62521
2beds
6,080sqft
Price may not include required fees and charges.
Apartment
Available now
Cats, dogs OK
-- A/C
Shared laundry
Detached parking
-- Heating
What's special
Spacious lot
- 1 day |
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Travel times
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
Appliances
- Laundry: Shared
Interior area
- Total interior livable area: 6,080 sqft
Property
Parking
- Parking features: Detached
- Details: Contact manager
Construction
Type & style
- Home type: Apartment
- Property subtype: Apartment
Building
Management
- Pets allowed: Yes
Community & HOA
Location
- Region: Decatur
Financial & listing details
- Lease term: Rent to Own
Price history
| Date | Event | Price |
|---|---|---|
| 10/28/2025 | Listed for rent | $850 |
Source: Zillow Rentals | ||
