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540 W Main Street

Decatur, IL 62522
  • $395,000
  • STATUS: Active
  • ON SITE: 25 Days
  • MLS #: 6216427
UPDATED: 37 min ago
$395,000
  • 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 (5 two bedroom units & 4 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 5 years included new boiler, furnace, water heater, and all new appliances. A profitable opportunity awaits for the right investor!

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© 2021 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 Main Place Real Estate. Data last updated: 2021-11-27T08:27:35.853.
www.mainplace.us/homes/122945617
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540 W Main Street Decatur, IL 62522

  • Price: $395,000
  • Status: Active
  • On Site: 25 Days
  • Updated: 37 min ago
  • MLS #: 6216427
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 (5 two bedroom units & 4 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 5 years included new boiler, furnace, water heater, and all new appliances. A profitable opportunity awaits for the right investor!
Exterior Features

Carport Spaces 6 Construction Materials Brick Exterior Features Workshop Area Foundation Type Partial Basement Garage Multiple Garages Lake Front Yn No Road Surface Type ConcreteOther Roof Other Style Other

Interior Features

Appliances OvenRangeRefrigerator Basement UnfinishedWalk-Out Cooling Wall Heating Hot Water Hookups In Bldg Yn Yes Hookups In Unit Yn No Interior Features Workshop Area Total Above Grade Sqft 0

Property Features

Gross Scheduled Income 0.00 Lease Yn Yes Lot Size Dimensions 150X65 Lot Size Square Feet 9750.00 Operating Expense 0.00 Owner Pays SewerTaxesGasIns Per PropLawnSnow RemvlTrash RemvlWater Property Sub Type 5-10 Units Sewer Desc City Sewer Special Listing Conditions None Subdivision Yn No Tax Amount 7896.84 Tax Exemption None Tax Year 2020 Water Heater Gas Water Source Public Zoning R-6

Listing information © 2021 Central Illinois Board of Realtors MLS.
Listing provided courtesy of Zane Peterson of Main Place Real Estate.


© 2021 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 Main Place Real Estate. Data last updated: 2021-11-27T08:27:35.853.
 
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Main Place Real Estate
101 S Main Street, Suite 700
Decatur IL, 62523