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    Decatur, IL
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    Decatur, IL Apartment Buildings for Sale

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    Macon, IL Forsyth, IL Mt Zion, IL Mount Zion, IL Oreana, IL Dalton City, IL Cerro Gordo, IL Blue Mound, IL
    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
    Updated: Sep 1
    18-Unit Apartment Buildings

    152 & 162 S Dipper Ln, Decatur, IL 62522

    $700,000
    18‑unit multifamily property across two buildings
    Unit mix includes studios, one‑bedroom apartments, and a single two‑bedroom apartment
    One building has 10 units; the second building has 8 units
    On‑site laundry facility
    Dedicated off‑street parking behind the buildings
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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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    See hot listings in Decatur

    Scored against comparables nationwide. These are worth a look.

    Scored against comparables nationwide. These are worth a look.

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    Based on your search, we've compiled 10 Potential Opportunities for your consideration. Besides 3 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.

    Fully Occupied Apartment Building
    Fully Occupied Apartment Building

    300 E 2nd Street, Pana, IL 62557

    $179,000
    2,116 sqft 0.26 AC lot

    The building offers one-bedroom residences, a renovated apartment, and coin-operated laundry for occupants.

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    Apartment Building with Coin Laundry
    Apartment Building with Coin Laundry

    300 E 2nd St, Pana, IL 62557

    $179,000
    2,116 sqft

    Fully leased residential property with renovated unit, updated roofing, and shared laundry facilities.

    View details
    9-Unit Apartment Building
    9-Unit Apartment Building

    102 ELM Street, Dawson, IL 62520

    $399,999
    0.86 AC lot

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

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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.

    View details

    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

    Estimated value: by Request
    View details
    135 Prairie Ave
    Multifamily properties

    135 Prairie Ave, Decatur, IL 62523

    Estimated value: by Request
    0.06 AC lot
    View details
    554 Main St
    Multifamily properties

    554 Main St, Decatur, IL 62522

    Estimated value: by Request
    0.34 AC lot
    View details

    Decatur, IL Apartment Buildings Market Trends and Statistics

    Explore 6 apartment buildings for sale in Decatur, IL, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 14,500 square feet of properties for sale, with an estimated market value of $4,150,000.

    Sale prices for apartment complexes in Decatur, IL start at $700,000, averaging $2,075,000, 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
    62522 $700K
    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.

    How Realmo verifies these figures

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    • 62522
    • 62526
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