Brick Triplex with Detached
For Sale
$135,000
1047 Main Street, Decatur, IL 62522
Near Millikin University, the three-unit property has occupied apartments and a separate garage with potential for additional income.
Property SizeContact for details
Days on Market139
Property Features for 1047 Main Street
General Information
Standard status
Active
Total Parking Spaces
2
Property subtype
Residential Income
Zoning
PMR-1
Occupancy
100%
Additional Details
Multifamily Units
3
Tenant in Place
Yes
Taxes and HOA fees
Annual Taxes
$2,646
Building Details
Year Built
1895
Stories
2
Units
3
Construction
brick
Listing Agency:
Brinkoetter REALTORSÂ
(217) 875-0555
Listed By:
Jason O'Laughlin
(217) 853-4730
Source:
Fridyrealty
Added: Jun 8
Changed: Oct 23
Last Checked: Oct 23 at 3:14PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Brinkoetter REALTORSÂ
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This brick triplex contains one apartment on the ground floor and two on the second floor. The main-floor residence has generously sized rooms, and all three apartments are occupied. A detached two-car garage provides another property feature. The building was constructed in 1895, and its roof was replaced in October 2022.
The property is one block from Millikin University and is zoned PMR-1.
The property is one block from Millikin University and is zoned PMR-1.
Key Highlights
- Three apartments: one on the main floor and two on the second floor
- All units are occupied
- Detached two‑car garage
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Lease Details
3
Residential units
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
355
Businesses Nearby
Explore this area
Business Placement
Demographics for 62522, IL
14,838
Population
7,215
Households
2.1
Avg Household Size
36
Median Age
26%
College-Educated
95%
High-School Grad
23.9 sq mi
ZIP Area
621
Density / Sq Mi
$51,689
Median Household Income
$36,551
Median Earnings
$783
Median Rent
$108,300
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in Midwest region
Frequently Asked Questions
What type of property is this?
Triplex - Near Millikin University, the three-unit property has occupied apartments and a separate garage with potential for additional income.
Where is this triplex located?
The property is located at 1047 Main Street Decatur, IL.
What is the asking price?
The asking price for this property is $135,000.
What are key features of this property?
This property features: Three apartments: one on the main floor and two on the second floor; All units are occupied; Detached two‑car garage
