Nice Victorian property converted to a five-unit apartment building in the West end, not far from the Millikin Homestead and University. Various cosmetic updates have been completed. Large parking lot in the rear with alley access. Also conveniently located near Downtown Decatur with dining, entertainment, and unique shopping venues. A Gross Potential Income of $36,000 with approximate Expenses of $9,600 annually allows for significate income potential.
Sold for $90,000 on 05/19/23
$90,000
731 W Main St, Decatur, IL 62522
3beds
3baths
--sqft
Multi Family
Built in 1895
-- sqft lot
$99,300 Zestimate®
$--/sqft
$1,093 Estimated rent
Home value
$99,300
$83,000 - $115,000
$1,093/mo
Zestimate® history
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What's special
Zillow last checked: 8 hours ago
Listing updated: May 22, 2023 at 01:25pm
Listed by:
Jim Cleveland 217-428-9500,
RE/MAX Executives Plus
Bought with:
Jim Cleveland, 471008537
RE/MAX Executives Plus
Source: CIBR,MLS#: 6226589
Originating MLS: Central Illinois Board Of REALTORS
Originating MLS: Central Illinois Board Of REALTORSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 3
Cooling
- Other
Appliances
- Included: Gas Water Heater
Interior area
- Total structure area: 0
- Finished area above ground: 0
Property
Features
- Levels: Two
- Stories: 2
Lot
- Size: 8,276 sqft
Details
- Parcel number: 041215181004
- Zoning: RES
- Special conditions: None
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Other
- Property subtype: Multi Family
Materials
- Vinyl Siding
- Roof: Other
Condition
- Year built: 1895
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Location
- Region: Decatur
- Subdivision: Prather & Adamsons Add
Price history
| Date | Event | Price |
|---|---|---|
| 5/19/2023 | Sold | $90,000-8.1% |
Source:  CIBR #6226589 | ||
| 4/4/2023 | Pending sale | $97,897 |
Source: CIBR #6226589 | ||
| 3/28/2023 | Listed for sale | $97,897+33.2% |
Source: CIBR #6226589 | ||
| 8/10/2018 | Sold | $73,500-1.9% |
Source: CIBR #6181621 | ||
| 7/2/2018 | Pending sale | $74,897 |
Source: Re/Max Executives Plus #6181621 | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $2,938 +0.8% | $30,347 +3.7% |
| 2023 | $2,913 +10.8% | $29,273 +13.8% |
| 2022 | $2,630 +6.4% | $25,716 +7.1% |
Find assessor info on the county website
Neighborhood: 62522
Nearby schools
GreatSchools rating
- 2/10Dennis Lab SchoolGrades: PK-8Distance: 0.9 mi
- 2/10Macarthur High SchoolGrades: 9-12Distance: 1.1 mi
- 2/10Eisenhower High SchoolGrades: 9-12Distance: 1.8 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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