$1,888 Closing Credit¹
#6248118, Listing Office: Brinkoetter REALTORS®
$570,000 List price
135 E Prairie Ave Unit 1-4 Decatur, IL 62523
$6,769
Closing credit¹
0.06 acres
Multi-Family
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
Home typeQuadruplex
StatusActive
CoolingCentral Air
Lot size0.06 Acres
Year built1880
MLS #6245377
Summary
- MLS Number: 6245377
- MLS Name: CentralIL
- Office Name: Main Place Real Estate
- Office Phone: (217) 422-3335
- Office Email: zane@mainplace.us
The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (“IDX”) program of Central Illinois Board of Realtors. 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 deemed reliable but not guaranteed. Copyright© 2025 Central Illinois Board of Realtors.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 3/14/2025, 4:15:58 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$570,000
135 E Prairie Ave Unit 1-4
$6,769
closing credit¹
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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. The most common annual income of people living in Decatur, IL is less than $<35k. Most families are single, no kids. The most common level of education of people living in this area is high school diploma.
How much money do the neighbors make?
72%
<35k
26%
35k-100k
2%
100k-200k
0%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
What types of families live nearby?
77%
Single, No Kids
14%
Single, with Kids
5%
Married, No Kids
4%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
8%
<11 yrs old
4%
12-17 yrs old
34%
18-34 yrs old
46%
35-64 yrs old
8%
65+ yrs old
What do the neighbors do for fun?
Figure Skating
UFC
Soccer
Where do the neighbors shop?
Family Dollar
Forever 21
Burlington
Where do the neighbors go to eat?
Church's Chicken
Burger King
Dominos Pizza
What do the neighbors drive?
Cadillac
Buick
Mazda
What do the neighbors listen to?
Jazz
Urban Contemporary
Rhythmic Contemporary Hits
All data provided by Home Junction and Claritas
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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 $570,000.
While more than 7 listings in Decatur, IL in February 2025 were sold above asking price, there were more than 16 listings sold at asking price, and more than 33 were sold below. The inventory of homes for sale in Decatur, IL between January and February 2025 decreased by 6.2%. In February 2025, listings were on the market for 42 days. During the same period, the median list price in this real estate market was $125,600.
From Rocket Homes Real Estate and based on county public records data.