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.
Contact an agent
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)
New listings near 135 E Prairie Avenue #1-4
- New$42,900Active1 beds 1 baths600 sq. ft.
2434 E Prairie Street, Decatur, IL 62521
MLS# 6255516Listed by: EXP REALTY - New$210,000Active3 beds 2 baths2,112 sq. ft.
2670 Jennifer Drive, Decatur, IL 62521
MLS# 6255401Listed by: MOSSY OAK PROPERTIES ILLINOIS LAND AND LIFESTYLE - New$335,000Active5 beds 3 baths3,644 sq. ft.
3335 Nevada Road, Decatur, IL 62522
MLS# 6254976Listed by: GLENDA WILLIAMSON REALTY - New$82,000Active2 beds 1 baths983 sq. ft.
1408 E Buena Vista Avenue, Decatur, IL 62521
MLS# 6255486Listed by: EXP REALTY - New$169,900Active3 beds 2 baths1,953 sq. ft.
98 Ridgeway Drive, Decatur, IL 62521
MLS# 6255286Listed by: BRINKOETTER REALTORS - New$87,500Active3 beds 1 baths1,712 sq. ft.
2273 N Fairview Avenue, Decatur, IL 62526
MLS# 6255418Listed by: BRINKOETTER REALTORS - New$220,000Active4 beds 2 baths2,368 sq. ft.
4074 Sheffield Court, Decatur, IL 62526
MLS# 6255387Listed by: BRINKOETTER REALTORS - NewListed by BHGRE$144,900Active3 beds 2 baths1,311 sq. ft.
3645 Fulton Avenue, Decatur, IL 62521
MLS# 6255399Listed by: VIEWEG RE/BETTER HOMES & GARDENS REAL ESTATE-SERVICE FIRST - New$179,900Active5 beds 4 baths2,972 sq. ft.
198 S Westdale Avenue, Decatur, IL 62522
MLS# 6255485Listed by: EXP REALTY - New$215,000Active3 beds 3 baths2,021 sq. ft.
405 Hackberry Drive, Decatur, IL 62521
MLS# 6255476Listed by: MAIN PLACE REAL ESTATE