540 W Main Street
Decatur, IL, 62522
$395,000
Beds
0 Baths
0 SqFt
0.22 Acres
Add
MLS #6251881 image #0MLS #6251881 image #1MLS #6251881 image #2MLS #6251881 image #3
The Garden Apartment building is a 9 unit low-rise multifamily property. Mid-century design with all brick and steel construction. Nice sized units (6 two bedroom units & 3 one bedrooms). All units on separate electric meters. Shared coin operated washer/dry in basement. 6 covered parking spaces with additional ample street parking. 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 10 years included new boiler, furnace, water heater, and all new appliances. Stabilized third-party property management is in place. A profitable opportunity awaits for the right investor! Contact investment broker for all inquiries.

Property Details

Price:
$395,000
MLS #:
6251881
Status:
Pending
Beds:
0
Baths:
0
Type:
Single Family
Subtype:
MultiFamily
Subdivision:
Western Add
Listed Date:
Jun 24, 2025
Lot Size:
9,750 sqft / 0.22 acres (approx)
Year Built:
1961
Western AddDecatur Dist 61

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Schools

School District:
Decatur Dist 61

Interior

Appliances
Gas Water Heater
Cooling
Wall Units
Heating
Hot Water

Exterior

Roof
Other

Financial

Tax Year
2023
Taxes
$8,655

Map

Community

Subdivisions in Decatur

Market Summary

Current real estate data for Single Family in Decatur as of Sep 14, 2025
254
Single Family Listed
35
Avg DOM
64
Avg $ / SqFt
$172,207
Avg List Price

Property Summary

    Located in the Western Add subdivision, 540 W Main Street Decatur IL is a Single Family for sale in Decatur, IL, 62522. It is listed for $395,000 and features 0 beds, 0 baths, and has approximately 0 square feet of living space, and was originally constructed in 1961. The average price per square foot for Single Family listings in Decatur is $64. The average listing price for Single Family in Decatur is $172,207.

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