320 W Main St - Apartments FOR SALE


Decatur, IL 62522
$540,000 USD
217-433-0839
320 W Main St, Decatur, IL for Sale
$540,000 USD
Apartments - FOR SALE
1/31
null | 7.77% Cap Rate

320 W Main St
Decatur, IL 62522


OVERVIEW

Well-maintained 11-unit multifamily building located just steps from Downtown Decatur. This property offers a mix of unit layouts and strong rental potential in a walkable, high-demand area. Tenants enjoy close proximity to shopping, dining, entertainment, and public transit, making it an attractive location for residents seeking urban convenience. Ideal for investors looking for stable occupancy and long-term value in the heart of Decatur.

FOR SALE DETAILS

PRICE

$540,000 USD

PRICE/SF

$90 USD /SF

# OF UNITS

11

PRICE/UNIT

$49,091

CAP RATE

7.77%

% LEASED

82%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1939

PARKING SPACES

11

LAND DETAILS

LAND ACRES

0.15 AC

LAND SF

6,534 SF

ZONING

MUNICIPAL

APN/PARCEL ID

04-12-15-256-013

ASK ABOUT THIS PROPERTY

Cole BabcockVieweg Real Estate/BHGRE Service FirstMore Info
217-433-0839

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Cole BabcockVieweg Real Estate/BHGRE Service FirstMore Info
217-433-0839

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.