$159,000

281 W Prairie Ave Decatur, IL 62523

$1,888
Closing credit¹
0.7 acres
Multi-Family

Property details

About 281 W Prairie Ave

4-unit building with mostly recently remodeled apartments. This building has been a great income producer for the owner. An extra, nicely landscaped and fenced lot next door provides recreation space for tenants and is included with the parcel. Income and expense information is available upon request. Owner pays utilities, trash service, lawn care, insurance and taxes. Per owner, roof approximately 5-years old. Subject to tenant's rights. Selling as-is. Please submit As-Is addendum with offers.

Highlights

Home typeQuadruplex
StatusActive
BasementYes
Lot size0.66 Acres
Year built1900
MLS #6248118

Summary

  • MLS Number: 6248118
  • MLS Name: CentralIL
  • Office Name: Brinkoetter REALTORS®
  • Office Phone: (217) 875-0555
  • Office Email: tom@brinkoetter.com

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, 10:15:58 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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view of front of property

$159,000

281 W Prairie Ave

$1,888

closing credit¹

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Seller rebate

0.5% sale price²

Price information

Property sales

DateEventPrice
Nov 01, 2021
Home Sold
$145,000
Feb 20, 2020
Home Sold
$110,000

Tax history

YearAssessmentProperty Tax
2023$29,745$2,960
2022$24,681$2,524
2021$12,568$1,293
2020$8,642$918
2019$8,642$918
2018$8,671$911
2017$8,902$932

History based on county public records data.

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

2.4 mi

2440 N Summit Ave

2

E. J. Muffley Elementary School

Public District KG-6

2.9 mi

88 S Country Club Rd

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $30,185. Residents of Decatur, IL typically earn less than $<35k each year. Residents typically live in single, no kids family. Most residents in this area have post secondary degree education.

How much money do the neighbors make?

53%
<35k
33%
35k-100k
11%
100k-200k
3%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree
Doctorate

What types of families live nearby?

69%
Single, No Kids
14%
Single, with Kids
10%
Married, No Kids
7%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

13%
<11 yrs old
6%
12-17 yrs old
40%
18-34 yrs old
35%
35-64 yrs old
6%
65+ yrs old

What do the neighbors do for fun?

  • UFCUFC
  • Pro WrestlingPro Wrestling
  • NBA/WNBANBA/WNBA

Where do the neighbors shop?

  • Family DollarFamily Dollar
  • BurlingtonBurlington
  • Express/Express For MenExpress/Express For Men

Where do the neighbors go to eat?

  • Burger KingBurger King
  • Cicis PizzaCicis Pizza
  • StarbucksStarbucks

What do the neighbors drive?

  • BuickBuick
  • PontiacPontiac
  • CadillacCadillac

What do the neighbors listen to?

  • Urban ContemporaryUrban Contemporary
  • JazzJazz
  • Rhythmic Contemporary HitsRhythmic Contemporary Hits
All data provided by Home Junction and Claritas

Similar homes for sale

This home is located at 281 W Prairie Ave in Decatur, IL and zip code 62522. Features: 0 bathroom. It has been listed on Rocket Homes since December 30, 2024 and is currently priced at $159,000.

Over 7 listings were sold over their listed price in February 2025 in Decatur, IL. In the same period over 33 listings were sold below the listed price and 16 listings were sold for the listed price. Between January and February 2025, Decatur, IL real estate market has seen decrease in the number of listings by 6.2%. The median list price of listings available in February 2025 was $125,600, while the average time on the real estate market was 42 days.

From Rocket Homes Real Estate and based on county public records data.

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