Macon St. Multifamily

612 W Macon St, Decatur, IL

$1,040,000

Price

19,440 sqft

Building Size

0.44 acres

Lot Area

Overview
Building Size
19,440 sqft
Lot Area
0.44 acres
Occupancy
50%
Units
17
Year Built
1940
Floors
2
Description

This 17-Unit Multifamily Property comprises of multiple layout configurations of Both 1Bed/1Bath and 2Bed/1Bath. Having 15 of the 17 units completely renovated with New Flooring, Kitchen Cabinets, Paint & Bathrooms in the last 90 Days, this investment is ready to be leased. Decatur, IL, is the 7th Largest city In the state of Illinois and the county seat of Macon County. Minutes from Downtown which has a dense historical & cultural community with destinations Including Restaurants, Bars, Breweries, Retail Stores, & More. The city is home to Millikin University, an 1,800+ student University established in 1901 that provides an array of both Undergraduate and Graduate Programs.

Decatur, Illinois is a city located in the heart of Central Illinois. Founded in 1829, Decatur is the largest city and the county seat of Macon County with a population of 70,522 as of the 2020 Census.

The city is situated along the Sangamon River and Lake Decatur, providing residents with ample opportunities for outdoor recreation. Decatur is home to a number of parks including Spitler Woods State Natural Area, which offers hiking trails and scenic views.

Decatur has a rich history and is known for its contributions to the soybean industry. For most of the1900s, Decatur was referred to as “The Soybean Capital of the World” thanks to Staley’s, a major grain processor. In the first half of the 1900s, over 33% of all soybeans grown in the world were processed in Decatur.

The city has a diverse economy with a variety of industries, including healthcare, education, and manufacturing. Many large Employers call Decatur home, including Archer Daniels Midland, Tate &Lyle, Caterpillar Inc., Decatur Foundry and many more.

Decatur is also home to several colleges and universities, including Millikin University - A 1,800+ Student University which provides an array of both Undergraduate and Graduate programs, and Richland Community College - a public community college founded in 1971 that serves over 2,000+ students annually.

Decatur has a variety of neighborhoods to choose from, including West End, South Shores, and Near Westside. These neighborhoods offer a range of housing options, from affordable two-bedroom listings to larger homes with more amenities.


Location
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