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540 W Main Street

Decatur, IL 62522
  • $349,000
  • STATUS: Active
  • ON SITE: 42 Days
  • MLS #: 6229779
UPDATED: 39 min ago
$349,000
  • 0
    BEDS
  • 0.22
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1950
County:
Area:

School Ratings & Info

School District:

Description

The Garden Apartment building is a 9 unit low-rise multifamily property. Mid-century design with all brick and steel construction. Nice sized units (6 two bedroom units & 3 one bedrooms). All units on separate electric meters. Shared coin operated washer/dry in basement. 6 covered parking spaces and additional off-street parking spaces available. All units have been refurbished with new flooring, paint, fixtures, and appliances. Only blocks away from Downtown Decatur to the East and Millikin University to the West. Capital improvements in the last 7 years included new boiler, furnace, water heater, and all new appliances. A profitable opportunity awaits for the right investor!

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© 2023 Central Illinois Board of Realtors MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Glenda Williamson Realty. Data last updated: 2023-11-28T08:27:43.957.
www.glendawilliamson.com/homes/144428500
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540 W Main Street Decatur, IL 62522

  • Price: $349,000
  • Status: Active
  • On Site: 42 Days
  • Updated: 39 min ago
  • MLS #: 6229779
0
Beds
0
Baths
0
½ Baths
0.22
Acres
1950
Built
Neighborhood:
Decatur
County:
Macon
Area:
Decatur
School District:
Decatur Dist 61
Property Description
The Garden Apartment building is a 9 unit low-rise multifamily property. Mid-century design with all brick and steel construction. Nice sized units (6 two bedroom units & 3 one bedrooms). All units on separate electric meters. Shared coin operated washer/dry in basement. 6 covered parking spaces and additional off-street parking spaces available. All units have been refurbished with new flooring, paint, fixtures, and appliances. Only blocks away from Downtown Decatur to the East and Millikin University to the West. Capital improvements in the last 7 years included new boiler, furnace, water heater, and all new appliances. A profitable opportunity awaits for the right investor!
Exterior Features

Architectural Style Other Carport Spaces 6 Carport YN Yes Garage YN No Levels Two Roof Other Waterfront YN No

Interior Features

Above Grade Finished Area 0 Appliances Gas Water Heater Cooling Wall Units Cooling YN Yes Heating Hot Water Heating YN Yes

Property Features

Gross Scheduled Income 12647.12 Lease Considered YN Yes Operating Expense 46250.06 Possession Closing Property Sub Type Multi Family Sewer Public Sewer Special Listing Conditions None Tax Annual Amount 8230 Tax Legal Description L 0010 B 07 WESTERN ADD LOT 9 & W 5 03 BK3415 /962 TIF 150 X65 96 BK2633 /595 190000 Tax Year 2022 Tenant Pays All Utilities Water Source Public Zoning R-6

Listing information © 2023 Central Illinois Board of Realtors MLS.
Listing provided courtesy of Zane Peterson of Main Place Real Estate: 217-422-3335.


© 2023 Central Illinois Board of Realtors MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Glenda Williamson Realty. Data last updated: 2023-11-28T08:27:43.957.
 
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Glenda Williamson Realty
333 E. Pershing Rd Suite C
Decatur IL, 62526