Three-Unit Residential Income
For Sale
$149,900
555 W Main St, Decatur, IL 62522
Fully occupied multifamily property with appliances, updated mechanical systems, and a detached garage.
Property SizeContact for details
Days on Market243
Property Features for 555 W Main St
General Information
Standard status
Active
Property subtype
Residential Income
Occupancy
100%
Additional Details
Utilities to Site
Yes
Building Details
Buildings
2
Tenancy
Multi
Abandoned
No
Listing Agency:
Agency One Insurance & Real Estate
(217) 972-7628
Listed By:
Shelby Younker
(217) 972-7628
Source:
Exprealty
Added: Dec 11, 2025
Changed: Jul 31
Last Checked: Aug 10 at 10:09AM
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 Agency One Insurance & Real Estate
Investment Insights
Based on property information with market context.
This triplex includes three fully occupied units with appliances and a combined approximate 4,000 square feet of living space. Unit 551 offers one bedroom and one bathroom in a built-on addition, plus an additional bedroom in the basement, totaling approximately 800 square feet. Unit 555 includes two bedrooms and one bathroom on the main floor across approximately 1,200 square feet. Unit 553 occupies the second and third floors with three bedrooms, two bathrooms, its own washer and dryer, and approximately 2,000 square feet.
Property improvements include a roof replaced in 2012, electrical rewiring with 200 amp service in 2015, replacement of the second- and third-floor HVAC system in 2015, and replacement of the main-floor and addition furnace in 2023. The basement and attic have blown-in cellulose insulation. Units 551 and 555 share a basement washer and dryer, while the property also includes one gas meter, one water meter, and a detached garage with an overhead door operator.
Property improvements include a roof replaced in 2012, electrical rewiring with 200 amp service in 2015, replacement of the second- and third-floor HVAC system in 2015, and replacement of the main-floor and addition furnace in 2023. The basement and attic have blown-in cellulose insulation. Units 551 and 555 share a basement washer and dryer, while the property also includes one gas meter, one water meter, and a detached garage with an overhead door operator.
Key Highlights
- Three fully occupied units with appliances
- Unit mix includes 1 bed/1 bath, 2 bed/1 bath, and 3 bed/2 bath layouts
- Approximately 4,000 square feet across the three units
Property Analytics
Current Use
Lease Details
100%
Occupancy
Multi-tenant
Tenancy
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
43
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
Market
Vacancy Rate% for Multifamily in Midwest region
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Frequently Asked Questions
What type of property is this?
Triplex - Fully occupied multifamily property with appliances, updated mechanical systems, and a detached garage.
Where is this triplex located?
The property is located at 555 W Main St Decatur, IL.
What is the asking price?
The asking price for this property is $149,900.
What are key features of this property?
This property features: Three fully occupied units with appliances; Unit mix includes 1 bed/1 bath, 2 bed/1 bath, and 3 bed/2 bath layouts; Approximately 4,000 square feet across the three units
