1244 Prairie Ave Decatur, IL 62521

This Decatur, Illinois duplex presents a compelling value-add opportunity for investors. Located at 1244 E Prairie Ave, in Macon County, zip code 62521 (39.8430787, -88.9395788), this Class D multifamily property is offered at an asking price of $30,000. The building comprises two units: a three-bedroom, one-bathroom unit and a one-bedroom, one-bathroom unit. Currently configured as a duplex, the property offers significant potential for renovation and repositioning. With some improvements and tender loving care, this property could be a strong performer. The property's current configuration allows for immediate rental income generation, while the potential for conversion to a four-bedroom, two-bathroom single-family home provides additional flexibility and upside. This is an excellent opportunity to acquire a property in Decatur, Illinois with significant potential for increased value and rental income. The property is currently listed with a 0.00% cap rate, indicating potential for significant return on investment following improvements. Serious inquiries are encouraged.