Quadplex

Decatur, IL Quadplexes for Sale

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Macon, IL Forsyth, IL Mount Zion, IL Mt Zion, IL Warrensburg, IL Oreana, IL Dalton City, IL Argenta, IL
Historic Four-Unit Quadplex
Updated: Apr 11
Historic Four-Unit Quadplex

135 E Prairie Ave, Decatur, IL 62523

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Ownership includes all 4 residential condo units in the building
All 4 units are rented
8.5% cap rate
Individual units feature cathedral ceilings and exposed brick walls
Utilities are split by unit
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Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Decatur, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Four-Unit Quadplex
Four-Unit Quadplex

403 W Columbia Avenue, Champaign, IL 61820

$274,000
0.20 AC lot

Four one-bedroom, one-bath residences with driveway parking and public utilities.

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Remodeled Quadplex with Storage
Remodeled Quadplex with Storage

913 S 8TH Street, Springfield, IL 62703

$219,000

Apartment property offers a varied unit mix, refreshed finishes, and alley-accessed and on-street parking.

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4-Unit Quadplex with Attached Garages
4-Unit Quadplex with Attached Garages

3738-3744 Summer Sage Ct, Champaign, IL 61822

$800,000

Three units are leased through July 2027, while the fourth has been renovated for occupancy.

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Six-Unit Quadplex Property
Six-Unit Quadplex Property

524 E Ridgely Avenue, Springfield, IL 62702

$250,000

Two-building multifamily asset with updated exterior components and tenant-paid utilities.

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Decatur, IL Quadplexes Market Trends and Statistics

Explore 1 quadplexes for sale in Decatur, IL on our real estate platform.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Apartment buildings 8
Short term rental properties 1
Triplexes 1

Demographics Overview

Population 79K
Population Growth (5Y) -14.5%
Median Household Income $56,571
College Educated 16.3%

Taxes & Financing

Average Loan-to-Value 65.0%

Property Size Breakdown

The majority of commercial real estate listings in Decatur fall within the 100,000+ square foot range.

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