$ 599,000
135 E Prairie Avenue #1-4 Decatur, IL 62523
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$ 599,000
Est. payment | /mo
2,613 Sqft Lot
$ 599,000
Est. payment | /mo
2,613 Sqft Lot
Key Details
Property Type Multi-Family
Sub Type Two to Four Units
Listing Status Active
Purchase Type For Sale
Subdivision Lease
MLS Listing ID 12140735
Year Built 1880
Annual Tax Amount $2,297
Tax Year 2022
Lot Size 2,613 Sqft
Property Description
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.
Location
State IL
County Macon
Interior
Cooling Central Air
Fireplace N
Exterior
Waterfront false
View Y/N true
Roof Type Other
Building
Sewer Public Sewer
Water Public
New Construction false
Schools
School District 61, 61, 61
Others
Special Listing Condition None
© 2024 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Listed by Zane Peterson • Main Place Real Estate