2480 N Graceland Avenue, Decatur, IL



0.30 Acres

About 2480 N Graceland Avenue

Great opportunity to invest in a low-rise multifamily property footsteps away from the Memorial Hospital campus. Graceland Executive Rentals is an all brick 12-unit property. It is currently operated with a mix of term rentals and fully furnished short-term corporate rentals. Per unit rents range from $1,000 to $2,200 per month. Property totals over 8,800 square feet with separately metered units. Numerous interior and exterior updates have been completed within the last 5 years including new roof and replacement windows. Private off-street parking. Contact brokers for rent rolls, historical financials, and proformas.

Facts & Features

MLS® # 6221601
Price $950,000
Bathrooms 0.00
Acres 0.30
Year Built 1974
Type Single Family
Sub-Type Multi Family
Status Active
Taxes $11,427
Tax Year 2020

Community Information

Address 2480 N Graceland Avenue
City Decatur
County Macon
State IL
Zip Code 62526


Is Waterfront No
Has Pool No


Appliances Electric Water Heater
Cooling Central Air
Fireplace No
# of Stories 3
Stories Three Or More


Roof Rubber, Shingle

School Information

District Decatur Dist 61

Additional Information

Date Listed June 22nd, 2022
Days on Market 53
Zoning R-6
HOA Fees 0.00

Listing Details

AgentZane Peterson
OfficeMain Place Real Estate

Listing Map

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