228 W Main St, Decatur, IL, 62523
14beds
8baths
15,080sqft
$795,000
$53price/sqft
$18,799/moest. monthly cost
$751,960/yrincome needed
About This Home
RARE downtown investment opportunity has hit the market! This thirteen-unit mixed-use property offers seven upstairs apartments and six retail storefronts at street level with an off-street parking lot on the north side. Most units are individually metered, with landlord responsibilities varying by lease. With room to grow income through future rent adjustments and a prime location on historic West Main Street near Millikin University, this property is full of potential. Please do not disturb tenants!
Getting Around
86
Very Walkable0
Very Limited Transit67
BikeableSchools
2/10
2/10
2/10
Construction
Condition
- Year built: 1920
Materials
- Roof: Tar
- Construction materials: Aluminum Siding
Notable Dates
- Major remodel year: 1975
Type & Style
- Home type: MultiFamily
- Property subType: Multi Family
Interior
Basement
- Area: 3200
Basement
- Has basement: Yes
- Basement: Partial,Partially Finished,Bedrooms(3),Bathrooms(2)
Bedrooms & Bathrooms
- Bedrooms: 14
- Bathrooms: 8
- Full bathrooms: 6
- 1/2 bathrooms: 2
Features
- Central Vacuum
- Flooring: Carpet,Tile,Vinyl
- Finished area above ground: 7,215
Heating
- Heating features: Natural Gas,Forced Air
Interior Area
- Total structure area: 10,415
- Total interior livable area: 15,080 sqft
Property
Details
- Parcel number: 1215279013
- Lease amount: 0
Features
- Stories: 3
- Patio & porch: Open Porch,Deck
- Exterior features: Balcony,Garden,Corner,Terrace
- Has view: Yes
- View description: Scenic,Street
Lot
- Lot size: 0.37 Acres