540 W Main Street, Decatur, IL 62522

Local realty services provided by:Better Homes and Gardens Real Estate Service First
540 W Main Street,Decatur, IL 62522
$395,000
  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Pending
Listed by:zane peterson
Office:main place real estate
MLS#:6251881
Source:IL_CIBOR

Price summary

  • Price:$395,000

About this home

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.

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Home facts

  • Year built:1961
  • Listing Id #:6251881
  • Added:100 day(s) ago
  • Updated:July 14, 2025 at 10:09 AM

Heating and cooling

  • Cooling:Wall Units
  • Heating:Hot Water

Structure and exterior

  • Year built:1961
  • Lot area:0.22 Acres

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$395,000
  • Tax amount:$8,655 (2023)