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    Decatur, IL
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    Decatur, IL Apartment Buildings for Sale

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    Macon, IL Forsyth, IL Mount Zion, IL Mt Zion, IL Oreana, IL Dalton City, IL Cerro Gordo, IL Blue Mound, IL
    7 properties
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    Mixed-Use Property with Retail
    Updated: Jul 28
    Mixed-Use Property with Retail

    228 W MAIN ST, Decatur, IL 62523

    $795,000
    15,080 sqft 0.37 AC lot
    13‑unit mixed‑use property with seven apartments and six retail storefronts
    15,080 square feet on 0.37 acres
    Off‑street parking lot on the north side of the property
    Most units are individually metered
    Built in 1920 with natural gas and forced‑air heating
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    Mixed-Use Apartment Complex
    Updated: Aug 14
    Mixed-Use Apartment Complex

    2490 N Water Street, Decatur, IL 62526

    $3,450,000
    4.51 AC lot
    70 residential units and 13 commercial suites
    Three‑building complex with mixed‑use and residential buildings
    55,297 square feet on 4.51 acres
    Built in 1975
    Located on U.S. Route 51, also known as Water Street
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    18-Unit Apartment Buildings
    18-Unit Apartment Buildings

    152 & 162 S Dipper Ln, Decatur, IL 62522

    $700,000

    Two-building multifamily property with varied apartment layouts, on-site laundry, and dedicated parking.

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    See what stands out in Macon County

    We check every for-sale listing in the county against comparable properties across the country. Most price about where you would expect. A few are worth a second look.

    We check every listing here. A few are worth a second look.

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    Mixed-Use Property with Apartments
    Mixed-Use Property with Apartments

    334 W Main St, Decatur, IL 62522

    Contact for pricing
    14,500 sqft 0.55 AC lot

    Renovated apartments accompany vacant retail and office space in a walkable downtown setting.

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    Decatur Multifamily Investment Opportunity
    Decatur Multifamily Investment Opportunity

    105, 111, 117, & 133 Elder Lane, Decatur, IL 62522

    Contact for pricing

    35-unit multifamily property in Decatur, Illinois with value-add potential.

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    110-Unit Apartment Building
    110-Unit Apartment Building

    520 S Church St, Decatur, IL 62522

    Contact for pricing
    99,490 sqft

    Apartment community serving a market with manufacturing and logistics employers.

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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    65-Unit Apartment Building
    65-Unit Apartment Building

    1740 S Fairview Ave, Decatur, IL 62521

    Contact for pricing

    Includes recently renovated units and a laundry room nearing completion near Millikin University.

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    Based on your search, we've compiled 14 Potential Opportunities for your consideration. Besides 7 Active listings in Decatur, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 3 Off-Market properties to explore as potential leads

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    9-Unit Apartment Building
    9-Unit Apartment Building

    102 ELM Street, Dawson, IL 62520

    $435,000
    0.86 AC lot

    Full occupancy includes two additional lots with tenant-owned mobile homes and shared coin-operated laundry.

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    Apartment Building with Renovated Units
    Apartment Building with Renovated Units

    824 E Ridgely Avenue, Springfield, IL 62702

    $369,900

    Renovated units feature updated HVAC systems and water heaters.

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    9-Unit Apartment Building
    9-Unit Apartment Building

    102 ELM Street, Dawson, IL 62520

    Contact for pricing

    Fully occupied multifamily property with mobile homes and shared coin-operated laundry.

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    All-Brick 6-Unit Apartment Building
    All-Brick 6-Unit Apartment Building

    1546 E CORNELL Street, Springfield, IL 62703

    $160,000

    Six-unit, one-story building with individual electric meters; tenants pay electric and gas while landlord pays water and sewer.

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    Off-Market Properties in Decatur, IL

    Consider similar Off-Market properties in Decatur, IL. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    1244 Prairie Ave
    Multifamily properties

    1244 Prairie Ave, Decatur, IL 62521

    Value Estimation by Request
    View details
    135 Prairie Ave
    Multifamily properties

    135 Prairie Ave, Decatur, IL 62523

    Value Estimation by Request
    0.06 AC lot
    View details
    554 Main St
    Multifamily properties

    554 Main St, Decatur, IL 62522

    Value Estimation by Request
    0.34 AC lot
    View details

    Decatur, IL Apartment Buildings Market Trends and Statistics

    Explore 10 apartment buildings for sale in Decatur, IL, showcased through 7 active listings on our real estate platform. These investment opportunities span a total of 129,070 square feet of properties for sale, with an estimated market value of $4,945,000.

    Sale prices for two-family homes in Decatur, IL start at $700,000, averaging $1,648,333, and reaching up to $3,450,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Demographics Overview

    Population 79K
    Population Growth (5Y) -14.5%
    Median Household Income $56,571
    College Educated 16.3%

    High-Yield Neighborhoods for Investment

    Identify Decatur submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    62523 $795K
    62526 $3.5M

    Taxes & Financing

    Average Loan-to-Value 65.0%

    Property Size Breakdown

    The majority of commercial real estate listings in Decatur fall within the 100,000+ square foot range.

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    Most Searched ZIP Codes in Decatur, IL

    • 62522
    • 62521
    • 62523
    • 62526

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