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6-Unit Apartment Building

735 West William Street, Decatur, IL 62522

For Sale
Contact for pricing

Six one-bedroom apartments have separate electric meters and connect to city water and sewer.

Property SizeContact for details
Days on Market15

Property Features for 735 West William Street

General Information

Standard status Active
Property subtype Multifamily

Units

Unit Mix 6 x 1BR/1BA
Multifamily Units 6
Individually Metered Utilities electricity

Additional Details

Utilities to Site Yes
Listing Agency: LOYD Realty
Listed By: Eli Ahmadov
Source: Crexi
Added: Oct 27 Changed: Nov 8 Last Checked: Nov 10 at 8:31AM

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 LOYD Realty

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Investment Insights

Based on property information with market context.

This six-unit apartment property contains six one-bedroom, one-bathroom residences. Each apartment has a separate electric meter, and the building is served by city water and sewer.

The property is at 735 West William Street in Decatur, across from Central Christian Church and a short distance from downtown Decatur.

Key Highlights

  • Six 1‑bedroom/1‑bath apartments
  • Separate electric meters for each unit
  • City water and sewer service

Property Analytics

Lease Details

6
Residential units
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

88
Businesses Nearby

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

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025

Frequently Asked Questions

What type of property is this?
Apartment building - Six one-bedroom apartments have separate electric meters and connect to city water and sewer.
Where is this apartment building located?
The property is located at 735 West William Street 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: Six 1‑bedroom/1‑bath apartments; Separate electric meters for each unit; City water and sewer service
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