135 E Prairie Avenue 1-4, Decatur, IL
$599,000
Active
0.06 Acres
About 135 E Prairie Avenue 1-4
Downtown living is in high demand, making it a great investment opportunity to own all four residential loft condo units in the historic 135 E. Prairie building. All 4 units are rented and produce an impressive annual cash-flow return. Each unit offers unique features including cathedral ceilings and exposed brick walls. Historically extremely low vacancy rates. Building has new roof. Owners have re-invested nearly $50,000 of capital improvements into the property in the last two years. Offering does not include street level business condo, only upper level residential units. Click-thru CA available to view rent roll and financials. Contact commercial broker for all inquiries.
Facts & Features
| MLS® # | 6245377 |
|---|---|
| Price | $599,000 |
| Bathrooms | 0.00 |
| Acres | 0.06 |
| Year Built | 1880 |
| Type | Single Family |
| Sub-Type | Quadruplex |
| Status | Active |
| Taxes | $2,297 |
| Tax Year | 2022 |
Community Information
| Address | 135 E Prairie Avenue 1-4 |
|---|---|
| Subdivision | Lease |
| City | Decatur |
| County | Macon |
| State | IL |
| Zip Code | 62523 |
Amenities
| Is Waterfront | No |
|---|---|
| Has Pool | No |
Interior
| Appliances | Water Heater |
|---|---|
| Cooling | Central Air |
| Fireplace | No |
| # of Stories | 1 |
| Stories | One |
Exterior
| Roof | Other |
|---|
School Information
| District | Decatur Dist 61 |
|---|
Additional Information
| Date Listed | August 16th, 2024 |
|---|---|
| Days on Market | 26 |
| Zoning | MUN |
Listing Details
| Agent | Zane Peterson |
|---|---|
| Office | Main Place Real Estate |