Listing photo for 1090 W Main Street, Decatur, IL
Listing photo for 1090 W Main Street, Decatur, IL
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1090 W Main Street,

Decatur, IL, 62522

$699,000

1 Beds
2 Baths
2,000 Sqft
0.15 Acres

The offering is a unique opportunity to acquire nine properties which are historically and currently student housing all within a two block radius from Millikin University located on the near west-end of Decatur, Illinois. Huge future development upside. The properties are rented to college students at a per bedroom rate ranging between $325 to $450 per month. There are approximately 47 bedrooms in the total package. The seller started purchasing homes and assembling the college housing portfolio nearly two decades ago. The seller has independently managed and maintained the properties. (Package includes nine properties on West Main with the following addresses: 1044, 1047, 1058, 1064, 1070, 1076, 1080, 1082, 1090). DO NOT disturb tenants. Contact commercial brokers for more information.

Facts & Features
MLS® # 6201553
Price $699,000
Cost Per Square Foot $350
Bedrooms 1
Bathrooms 2.00
Full Baths 2
Total Finished Square Feet 2,000
Total Finished Above Grade 2,000
Acres 0.15
Year Built 1910
Type Single Family
Sub-Type Single Family Residence
Style Other
Status Pending
Taxes $1,878
Tax Year 2018
Community Information
Address 1090 W Main Street
Subdivision Millikins Add
City Decatur
County Macon
State IL
Zip Code 62522
Amenities
Is Waterfront No
Has Pool No
Interior
Appliances None, Water Heater
Heating Forced Air
Cooling Central Air
Has Basement Yes
Basement Unfinished, Full
Fireplace No
Exterior
Roof Asphalt
Construction Vinyl Siding
Foundation Basement
School Information
District Decatur Dist 61
Additional Information
Date Listed May 4th, 2020
Days on Market 119
Zoning R-6
HOA Fees 0.00
Listing Details
Office Main Place Real Estate
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Listing information last updated on September 18th, 2020 at 1:30am CDT.

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