Affordable owner-financed 2-bedroom home in Decatur, IL offering a strong entry point for both investors and first-time buyers.
With low down payment and monthly terms, this property provides an accessible opportunity in a consistent rental market with steady demand.
Financing Details
Down Payment: $2,000
Monthly Payment: $750
Closing cost: $200
Property Highlights
Functional floor plan suitable for owner-occupant or rental use
Affordable maintenance size, easy to manage and operate
Solid structure with value-add potential through cosmetic updates
Owner financing available for qualified buyers
Ideal starter home or cash-flow rental property
Neighborhood & Location Perks
Located in Decatur, IL with easy access to major roads and highways
Close to schools, grocery stores, and daily essentials
Short drive to downtown Decatur employment and business areas
Established residential neighborhood with stable rental demand
Access to parks, transit routes, and community services
Why Invest Here?
Low entry cost with just $2,000 down payment
Strong rental demand in the Decatur market
Affordable monthly payment at $750
Great option for long-term hold or first investment property
Simple layout reduces maintenance and repair costs
Opportunity to build equity in a growing Midwest rental area
Contact Today for More Info or to Schedule a Showing:
Credit Friendly Homes
House for rent
$750/moFees may apply
1527 N Oakland Ave, Decatur, IL 62526
2beds
728sqft
Price may not include required fees and charges. Learn more|
Single family residence
Available now
Cats, dogs OK
What's special
Solid structureFunctional floor plan
- 14 days |
- -- |
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Zillow last checked:
Listing updated:
Travel times

Let’s turn your rent into credit progress
Build credit history with every on-time payment and get credit for the payment you’re already making.
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
Interior area
- Total interior livable area: 728 sqft
Property
Parking
- Details: Contact manager
Details
- Parcel number: 041209279009
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Community & HOA
Community
- Features: Smoke Free
Location
- Region: Decatur
Financial & listing details
- Lease term: Contact For Details
Price history
| Date | Event | Price |
|---|---|---|
| 8/29/2026 | Listed for rent | $750$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 8/25/2023 | Sold | $20,000$27/sqft |
Source: | ||
| 8/19/2023 | Pending sale | $20,000$27/sqft |
Source: | ||
| 8/17/2023 | Listed for sale | $20,000-4.8%$27/sqft |
Source: | ||
| 5/3/2021 | Sold | $21,000+90.9%$29/sqft |
Source: Public Record Report a problem | ||
| 9/22/2006 | Sold | $11,000$15/sqft |
Source: Public Record Report a problem | ||
Neighborhood: 62526
Nearby schools
GreatSchools rating
- 2/10Benjamin Franklin Elementary SchoolGrades: K-6Distance: 1 mi
- 2/10Stephen Decatur Middle SchoolGrades: 7-8Distance: 2.5 mi
- 2/10Macarthur High SchoolGrades: 9-12Distance: 0.5 mi







