612 W Macon Street, Decatur, IL 62522

Local realty services provided by:Better Homes and Gardens Real Estate Service First
612 W Macon Street,Decatur, IL 62522
$840,000
  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by:
  • Listing agent0
    Cole Babcock(217) 433 - 0839
    Better Homes and Gardens Real Estate Service First
MLS#:6252609
Source:IL_CIBOR

Price summary

  • Price:$840,000

About this home

Located in the heart of Decatur, 612 W Macon Street presents a fully renovated 17-unit multifamily asset offering strong current returns and value-add upside. The property features a diverse mix of one-bedroom, one-bathroom units, with one two-bedroom, one-bath unit, catering to a wide range of tenants—from young professionals to small families. Each unit has been upgraded over the past year with new windows, modern bathrooms, updated flooring, and refreshed interiors throughout .Listed at an 8% cap rate with two current vacancies, the pro forma performance projects a 12%+ cap rate once stabilized. Both vacant units are expected to be leased prior to closing. With strong rental demand, desirable amenities, and recent capital improvements, this property is ideal for investors seeking steady cash flow, long-term appreciation, and continued upside in one of Decatur’s most connected neighborhoods.

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Home facts

  • Year built:1976
  • Listing ID #:6252609
  • Added:213 day(s) ago
  • Updated:January 18, 2026 at 04:16 PM

Structure and exterior

  • Year built:1976
  • Lot area:0.45 Acres

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$840,000
  • Tax amount:$8,016 (2023)

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