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    Decatur, IL
    Residential Income

    Decatur, IL Residential Income Properties for Sale

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    Macon, IL Forsyth, IL Mt Zion, IL Mount Zion, IL Oreana, IL Dalton City, IL Cerro Gordo, IL Blue Mound, IL
    7 properties
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    Mixed-Use Property with Retail
    Updated: Jul 28
    Mixed-Use Property with Retail

    228 W MAIN ST, Decatur, IL 62523

    $795,000
    15,080 sqft 0.37 AC lot
    13‑unit mixed‑use property with seven apartments and six retail storefronts
    15,080 square feet on 0.37 acres
    Off‑street parking lot on the north side of the property
    Most units are individually metered
    Built in 1920 with natural gas and forced‑air heating
    View details
    Rural Home and Outdoor Recreation Property
    Updated: Jun 17
    Rural Home and Outdoor Recreation Property

    1770 S Wyckles Rd, Decatur, IL 62522

    $379,000
    3.60 AC lot
    3.6‑acre property backing the Rock Springs Conservation Area with private creek crossing to access River Trail and Big Oak Loop
    Home features 5 bedrooms plus a lower‑level full bath with dual sinks, a urinal, and hard‑surface finishes
    Granite hearth fireplace with custom mantle, granite kitchen countertops, and brand‑new Whirlpool appliances
    Master suite includes a marble surround tub remodeled about three years ago
    Over $30,000 in custom hardscaping, plus a detached garage with new siding, roofing, windows, and an epoxy‑coated floor
    View details
    Mixed-Use Apartment Complex
    Mixed-Use Apartment Complex

    2490 N Water Street, Decatur, IL 62526

    $3,450,000
    4.51 AC lot

    Three-building property combines apartments with street-level commercial suites and public transportation access.

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    See what stands out in Macon County

    We check every for-sale listing in the county against comparable properties across the country. Most price about where you would expect. A few are worth a second look.

    We check every listing here. A few are worth a second look.

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    18-Unit Apartment Buildings
    18-Unit Apartment Buildings

    152 & 162 S Dipper Ln, Decatur, IL 62522

    $700,000

    Two-building multifamily property with varied apartment layouts, on-site laundry, and dedicated parking.

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    Mixed-Use Property with Apartments
    Mixed-Use Property with Apartments

    334 W Main St, Decatur, IL 62522

    Contact for pricing
    14,500 sqft 0.55 AC lot

    Renovated apartments accompany vacant retail and office space in a walkable downtown setting.

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    Three-Unit Residential Income Property
    Three-Unit Residential Income Property

    555 W Main St, Decatur, IL 62522

    $139,000

    Fully occupied multifamily property with appliances, updated mechanical systems, and a detached garage.

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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Decatur Multifamily Investment Opportunity
    Decatur Multifamily Investment Opportunity

    105, 111, 117, & 133 Elder Lane, Decatur, IL 62522

    Contact for pricing

    35-unit multifamily property in Decatur, Illinois with value-add potential.

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    Based on your search, we've compiled 30 Potential Opportunities for your consideration. Besides 7 Active listings in Decatur, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 16 Off-Market properties to explore as potential leads, plus 3 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

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

    9-Unit Apartment Building
    9-Unit Apartment Building

    102 ELM Street, Dawson, IL 62520

    $435,000
    0.86 AC lot

    Full occupancy includes two additional lots with tenant-owned mobile homes and shared coin-operated laundry.

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    Brick Apartment Building with Expansion Space
    Brick Apartment Building with Expansion Space

    De Land, IL 61839

    $315,000

    Brick multifamily property with existing units, distinctive original details, and unfinished interior space for additional improvements.

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    Five-Unit Historic Apartment Building
    Five-Unit Historic Apartment Building

    De Land, IL 61839

    $315,000

    Reimagined interiors retain exposed brick, high ceilings, wide hallways, and large windows.

    View details
    9-Unit Apartment Building
    9-Unit Apartment Building

    102 ELM Street, Dawson, IL 62520

    Contact for pricing

    Fully occupied multifamily property with mobile homes and shared coin-operated laundry.

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Productive Agricultural Land Tract
    Productive Agricultural Land Tract

    Arbor Dr, Decatur, IL 62526

    $1,838,700
    61.29 AC lot

    Gently rolling farmland with access to IL-121 and I-72 near Decatur.

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    Development Land in Oreana
    Development Land in Oreana

    East St, Oreana, IL 62554

    $816,000
    27.20 AC lot

    Approximately 27.2 acres of mostly tillable land with some wooded areas, suitable for phased residential development.

    View details
    Residential Lot in Taylorville, IL
    Residential Lot in Taylorville, IL

    LAKESIDE Drive lot: 10, Taylorville, IL 62568

    $44,900

    Residential lot suitable for building with walkout basement potential.

    View details

    Off-Market Properties in Decatur, IL

    Consider similar Off-Market properties in Decatur, IL. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    2495 Hl Ave
    MOBILE HOME PARK, TRAILER PARK

    2495 Hl Ave, Decatur, IL 62526-1583

    Estimated value:
    $780,000
    17.25 AC lot
    View details
    1045 Harrison Ave
    MOBILE HOME PARK, TRAILER PARK

    1045 Harrison Ave, Decatur, IL 62526-3875

    Estimated value:
    $800,000
    4.51 AC lot
    View details
    1525 Fairview Ave
    MOBILE HOME PARK, TRAILER PARK

    1525 Fairview Ave, Decatur, IL 62521-4030

    Estimated value:
    $800,000
    3.09 AC lot
    View details
    820 Mckinley Ave
    MOBILE HOME PARK, TRAILER PARK

    820 Mckinley Ave, Decatur, IL 62526-3204

    Estimated value:
    $160,000
    3.01 AC lot
    View details
    433 Gravel Pit Rd
    MOBILE HOME PARK, TRAILER PARK

    433 Gravel Pit Rd, Decatur, IL 62522-9006

    Estimated value:
    $220,000
    1,768 sqft 10.14 AC lot
    View details
    Main St
    Farms

    0 Main St, Decatur, IL 62522

    Estimated value:
    by Request
    23.22 AC lot
    View details
    Arbor Dr
    Farms

    0 Arbor Dr, Decatur, IL 62526

    Estimated value:
    by Request
    71.00 AC lot
    View details
    Us-51
    Land

    0 Us-51, Decatur, IL 62535

    Estimated value:
    by Request
    4.07 AC lot
    View details
    1244 Prairie Ave
    Multifamily properties

    1244 Prairie Ave, Decatur, IL 62521

    Estimated value:
    by Request
    View details
    Brush College Rd & Garver Church Rd
    Land

    0 Brush College Rd & Garver Church Rd, Decatur, IL 62521

    Estimated value:
    by Request
    100,000 sqft 40.00 AC lot
    View details
    Albany Pl
    Land

    0 Albany Pl, Decatur, IL 62521

    Estimated value:
    by Request
    18.20 AC lot
    View details
    135 Prairie Ave
    Multifamily properties

    135 Prairie Ave, Decatur, IL 62523

    Estimated value:
    by Request
    0.06 AC lot
    View details
    554 Main St
    Multifamily properties

    554 Main St, Decatur, IL 62522

    Estimated value:
    by Request
    0.34 AC lot
    View details
    1121 Green St
    Land

    1121 Green St, Decatur, IL 62522

    Estimated value:
    by Request
    View details
    2645 Us 51
    Land

    2645 Us 51, Decatur, IL 62526

    Estimated value:
    by Request
    1.50 AC lot
    View details
    Delta Dr
    MOBILE HOME PARK, TRAILER PARK

    Delta Dr, Decatur, IL 62526

    Estimated value:
    $370,000
    78.13 AC lot
    View details

    Decatur, IL Residential Income Properties Market Trends and Statistics

    Explore 23 residential income properties for sale in Decatur, IL, showcased through 7 active listings on our real estate platform. These investment opportunities span a total of 29,580 square feet of properties for sale, with an estimated market value of $5,463,000.

    Sale prices for residential income properties in Decatur, IL start at $139,000, averaging $1,092,600, and reaching up to $3,450,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Multifamily properties 7
    Apartment buildings 6
    Single family properties 1
    Triplexes 1

    Demographics Overview

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

    High-Yield Neighborhoods for Investment

    Identify Decatur submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    62522 $264.5K
    62523 $795K
    62526 $3.5M

    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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    Most Searched ZIP Codes in Decatur, IL

    • 62522
    • 62523
    • 62526

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