#6252608, Listing office: Vieweg RE/Better Homes & Gardens Real Estate-Service First
Property details
About 135 E Prairie Ave Unit 1-4
Downtown living is in high demand, making it a great investment opportunity to own all four residential loft condo units in the historic 135 E. Prairie building. All 4 units are rented and produce an impressive annual cash-flow return. Each unit offers unique features including cathedral ceilings and exposed brick walls. Historically extremely low vacancy rates. Building has new roof. Owners have re-invested nearly $50,000 of capital improvements into the property in the last two years. Offering does not include street level business condo, only upper level residential units. Click-thru CA available to view rent roll and financials. Contact commercial broker for all inquiries.
Highlights
Summary
- Appliances: Water Heater
- Cooling: Central Air
- List Price: $565,000
- Year Built: 1880
- Stories: 1
- Lot Size: 0.06 Acres
- MLS Number: 6245377
- MLS Name: CentralIL
- Office Name: Main Place Real Estate
- Office Phone: (217) 422-3335
- Office Email: zane@mainplace.us
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Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 7/20/2025, 10:45:35 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Price information
Property sales
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Tax history
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Nearby schools
2
South Shores Elementary School
Public District KG-6
2.2 mi
•2500 S Franklin Street Rd
1
Franklin Grove Elementary School
Public District KG-6
2.5 mi
•2440 N Summit Ave
2
E. J. Muffley Elementary School
Public District KG-6
2.8 mi
•88 S Country Club Rd
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $11,895. Residents of Decatur, IL typically earn less than $<35k each year. The majority of families are single, no kids. The majority of residents in this area have high school diploma education.
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Frequently asked questions
About 135 E Prairie Ave Unit 1-4
The listing price of 135 E Prairie Ave Unit 1-4 property is $565,000.
The property 135 E Prairie Ave Unit 1-4 is a multi located in Decatur, Illinois, 62523.
Active Listing: 135 E Prairie Ave Unit 1-4 is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 135 E Prairie Ave Unit 1-4 are: South Shores Elementary School (GreatSchools Rating 2/10), Franklin Grove Elementary School (GreatSchools Rating 1/10), E. J. Muffley Elementary School (GreatSchools Rating 2/10), Johns Hill Magnet School (GreatSchools Rating 4/10), Hope Academy (GreatSchools Rating 1/10), Dennis Lab School (GreatSchools Rating 1/10), Eisenhower High School (GreatSchools Rating 1/10), MacArthur High School (GreatSchools Rating 1/10), Mt Zion High School (GreatSchools Rating 7/10).
The year of construction for 135 E Prairie Ave Unit 1-4 is 1880.
This home is located at 135 E Prairie Ave Unit 1-4 in Decatur, IL and zip code 62523. Features: 0 bathroom. It has been listed on Rocket Homes since November 21, 2024 and is currently priced at $565,000.
In June 2025, from all listings sold in Decatur, IL there were more than 28 sold above asking price, over 34 sold below and more than 25 were sold right at the asked price. The number of listings in Decatur, IL increased by 1.9% between May and June 2025. The median list price of listings available in June 2025 was $130,000, while the average time on the real estate market was 18 days.