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    Macon County, IL Apartment Buildings for Sale

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    65-Unit Multifamily Investment Opportunity
    $2,350,000

    65-Unit Multifamily Investment Opportunity

    1740-1760 S Fairview Ave, Decatur, IL 62521

    High-yield multifamily property near Millikin University with value-add potential.

    • Strong income potential with a current cap rate of 7.71% and a GRM of 6.95.
    • Significant value‑add opportunity through increased occupancy from the current 66%.
    • Prime location just 1.5 miles from Millikin University, attracting students and local residents.
    • 65‑unit multifamily property offers substantial scale for investment.
    • Recent renovations provide modern, comfortable living spaces.
    Updated: Jan 2
    View details
    248 N Park St, Decatur, IL
    $675,000
    11,884 SF

    248 N Park St, Decatur, IL

    248 N Park St, Decatur, IL 62523

    Mixed-use properties • 11,884 SF

    • Prime Downtown Decatur location overlooking Central Park.
    • Mix‑used property with three commercial spaces and two apartments.
    • Untapped potential for two additional floors of multifamily development.
    • Current stabilized cash‑flow with value‑add upside.
    • Incentives available due to location in the Downtown TIF District.
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    Mixed-Use Property with Income Potential
    $800,000
    14,500 SF

    Mixed-Use Property with Income Potential

    Value-add investment opportunity in Decatur's downtown commercial corridor.

    334 W Main St, Decatur, IL 62522
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    Based on your search, we've compiled 6 Potential Opportunities for your consideration. Besides 3 Active listings in Macon County, IL, we suggest exploring several alternatives: similar 3 Off-Market properties to explore as potential leads

    Explore Off-Market Properties in Macon County, IL

    Consider similar Off-Market properties in Macon County, 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

    1244 Prairie Ave

    Multifamily properties
    Value Estimation by Request
    1244 Prairie Ave, Decatur, IL 62521
    View details
    135 Prairie Ave

    135 Prairie Ave

    Multifamily properties • 0.06 Acres
    Value Estimation by Request
    135 Prairie Ave, Decatur, IL 62523
    View details
    554 Main St

    554 Main St

    Multifamily properties • 0.34 Acres
    Value Estimation by Request
    554 Main St, Decatur, IL 62522
    View details

    Macon County, IL Apartment Buildings Investment Opportunities Market Analysis

    Explore 6 apartment buildings for sale in Macon County, IL, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 17,424 square feet of properties for sale, with an estimated market value of $3,825,000.

    Prices for two-family homes in Macon County, IL start at $0.00, averaging $637,500, and reaching up to $2,350,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you have the most current data.

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