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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

    List your home for rent

    $882/mo

    Rent Zestimate®

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    $882/mo

    Rent Zestimate®

    Refinance and save

    $956/mo

    Est. payment

    Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.

    See today's rates

    $956/mo

    Est. payment

    What's special

    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!

    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#: 6226577MLS LogoOriginating 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