135 E Prairie Avenue #1-4, Decatur, IL 62523

Local realty services provided by:Better Homes and Gardens Real Estate Service First
135 E Prairie Avenue #1-4,Decatur, IL 62523
$565,000
  • - Beds
  • - Baths
  • - sq. ft.
  • Townhouse
  • Active
Listed by:zane peterson
Office:main place real estate
MLS#:6245377
Source:IL_CIBOR

Price summary

  • Price:$565,000

About this home

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.

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Home facts

  • Year built:1880
  • Listing ID #:6245377
  • Added:416 day(s) ago
  • Updated:October 07, 2025 at 03:59 PM

Heating and cooling

  • Cooling:Central Air

Structure and exterior

  • Year built:1880
  • Lot area:0.06 Acres

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$565,000
  • Tax amount:$2,297 (2022)