314 W Decatur Street, Decatur, IL 62522

Decatur
Local realty services provided by:Better Homes and Gardens Real Estate Service First
314 W Decatur Street,Decatur, IL 62522
$325,900
  • - Beds
  • 5 Baths
  • 4,514 sq. ft.
  • Multi-family
  • Active
Listed by: nicole pinkston
Office: keller williams-trec
MLS#:6256421
Source:IL_CIBOR

Price summary

  • Price:$325,900
  • Price per sq. ft.:$72.2

About this home

Seize a rare investment opportunity with immediate cash flow (3 of the 4 units occupied - could be 5) and ownership of the historic Ullrich Mansion, once home to John Ullrich, one of Central Illinois' most distinguished figures of the late 1800s and early 1900s. This grand residence, built in 1875, offers over 4,500 square feet of beautifully finished living space. Initially designed in the Italianate style, it was later transformed into a masterpiece, complete with a stately tower and an inviting front porch. Since then, thoughtful renovations to turn this large home into a multi-family property have been completed, featuring a versatile layout: a full-family home on the first floor with three bedrooms, two baths, a living room, a family room, a kitchen, a dining room, and a rec room. The main level could be converted into two separate apartments. Three one-bedroom apartments are located on the second floor. This property is ideal for both personal living and rental income. The...

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Home facts

  • Year built:1875
  • Listing ID #:6256421
  • Added:151 day(s) ago
  • Updated:May 03, 2026 at 02:59 PM

Rooms and interior

  • Total bathrooms:5
  • Kitchen Description:Dishwasher, Disposal, Oven, Range, Refrigerator
  • Basement:Yes
  • Basement Description:Full, Unfinished, Walk Up Access
  • Living area:4,514 sq. ft.

Heating and cooling

  • Cooling:Window Units
  • Heating:Hot Water

Structure and exterior

  • Year built:1875
  • Building area:4,514 sq. ft.
  • Lot area:0.52 Acres
  • Construction Materials:Brick, Plaster, Stone
  • Exterior Features:Fence, Workshop
  • Levels:2 Stories

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$325,900
  • Price per sq. ft.:$72.2
  • Tax amount:$4,252 (2025)

Features and amenities

  • Appliances:Dishwasher, Disposal, Dryer, Gas Water Heater, Oven, Range, Refrigerator, Washer
  • Laundry features:Dryer, Washer
  • Amenities:Attic, Breakfast Area, Cathedral Ceilings, Security System, Smoke Detectors, Walk In Closets

Parking

  • Parking description:4 Car Garage, Detached, Garage
  • Garage:Yes
  • Garage spaces:4

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