Multi-family apartment complex for sale near Millikin University. The exterior brick building has 9 units with a concrete lot and street parking. A possible 10th unit is currently used as storage but can be transformed into an additional available property for RENT. Some units have balconies. A Gross Potential Income of $72,000 with approximate Expenses of $15,600 annually allows for significate income potential!! The property is in a prime location near Downtown Decatur with easy access to shopping, dining, and entertainment. Contact us today to schedule a viewing!
Sold for $159,897 on 05/19/23
$159,897
701 W Prairie Ave, Decatur, IL 62522
16beds
10baths
--sqft
Multi Family
Built in 1929
-- sqft lot
$223,000 Zestimate®
$--/sqft
$882 Estimated rent
Owner options
What's special
Zillow last checked: 8 hours ago
Listing updated: May 22, 2023 at 01:24pm
Listed by:
Jim Cleveland 217-428-9500,
RE/MAX Executives Plus
Bought with:
Jim Cleveland, 471008537
RE/MAX Executives Plus
Source: CIBR,MLS#: 6226577
Originating MLS: Central Illinois Board Of REALTORS
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 16
- Bathrooms: 10
Heating
- Gas
Cooling
- Other
Appliances
- Included: Gas Water Heater
Interior area
- Total structure area: 0
- Finished area above ground: 0
Property
Features
- Stories: 4
Lot
- Size: 9,147 sqft
Details
- Parcel number: 041215179012
- Zoning: RES
- Special conditions: None
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Brick
- Roof: Other
Condition
- Year built: 1929
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Location
- Region: Decatur
- Subdivision: Diller & Moores Add
Other
Other facts
- Road surface type: Concrete