#6245377, Listing office: Main Place Real Estate
Property details
About 612 W Macon St
Located in the heart of Decatur, 612 W Macon Street presents a fully renovated 17-unit multifamily asset offering strong current returns and value-add upside. The property features a diverse mix of one-bedroom, one-bathroom units, with one two-bedroom, one-bath unit, catering to a wide range of tenants—from young professionals to small families. Each unit has been upgraded over the past year with new windows, modern bathrooms, updated flooring, and refreshed interiors throughout .Listed at an 8% cap rate with two current vacancies, the pro forma performance projects a 12%+ cap rate once stabilized. Both vacant units are expected to be leased prior to closing. With strong rental demand, desirable amenities, and recent capital improvements, this property is ideal for investors seeking steady cash flow, long-term appreciation, and continued upside in one of Decatur’s most connected neighborhoods.
Highlights
Summary
- Appliances: Gas Water Heater
- Cooling: Other
- List Price: $840,000
- Annual Tax Amount: $8,016
- Tax Year: 2023
- Year Built: 1976
- Stories: 3
- Lot Size: 0.45 Acres
- MLS Number: 6252609
- MLS Name: CentralIL
- Office Name: Vieweg RE/Better Homes & Gardens Real Estate-Service First
- Office Phone: (217) 450-8500
- Office Email: timvieweg@viewegrealestate.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: 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
Date | Event | Price |
---|---|---|
Oct 23, 2023 | Home Sold | $999,900 |
Oct 18, 2023 | Home Sold | $795,000 |
Tax history
Year | Assessment | Property Tax |
---|---|---|
2023 | $80,544 | $8,016 |
2022 | $74,532 | $7,622 |
2021 | $69,605 | $7,161 |
2020 | $66,373 | $7,057 |
2019 | $66,373 | $7,057 |
2018 | $46,748 | $4,911 |
2017 | $47,996 | $5,027 |
History based on county public records data.
Nearby schools
2
South Shores Elementary School
Public District KG-6
2.1 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
3.1 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 $20,250. The most common annual income of people living in Decatur, IL is less than $<35k. The majority of families are single, no kids. Residents of this area typically have post secondary degree education.
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Frequently asked questions
About 612 W Macon St
The listing price of 612 W Macon St property is $840,000.
The property 612 W Macon St is a multi located in Decatur, Illinois, 62522.
Active Listing: 612 W Macon St is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 612 W Macon St 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), Dennis Lab School (GreatSchools Rating 1/10), Johns Hill Magnet School (GreatSchools Rating 4/10), Hope Academy (GreatSchools Rating 1/10), MacArthur High School (GreatSchools Rating 1/10), Eisenhower High School (GreatSchools Rating 1/10), Mt Zion High School (GreatSchools Rating 7/10).
According to the records, the last property tax for 2023 is $8,016 (source: MLS/based on county public records data).
The last sale was on October 23, 2023 for $999,900 (source: MLS/tax record).
The year of construction for 612 W Macon St is 1976.
This home is located at 612 W Macon St in Decatur, IL and zip code 62522. Features: 0 bathroom. It has been listed on Rocket Homes since June 18, 2025 and is currently priced at $840,000.
While more than 28 listings in Decatur, IL in June 2025 were sold above asking price, there were more than 25 listings sold at asking price, and more than 34 were sold below. In June 2025 in Decatur, IL there were 1.9% more homes for sale than in May. 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.