RARE downtown investment opportunity has hit the market! This thirteen-unit mixed-use property offers six retail storefronts at street level and seven upstairs apartments, along with an off-street parking lot on the north side. Most units are individually metered, with landlord responsibilities varying by lease. With room to grow income through future rent adjustments and a prime location on historic West Main Street near Millikin University, this property is full of potential. Please do not disturb tenants.
Active
$795,000
228-248 W Main St, Decatur, IL 62521
--beds
--baths
0.37Acres
Unimproved Land
Built in ----
0.37 Acres Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
- 40 days |
- 194 |
- 10 |
Zillow last checked:
Listing updated:
Listed by:
Mitchell Cohen 847-436-3551,
Cove Realty Inc,
Ty McGuire,
Cove Realty Inc
Source: MRED as distributed by MLS GRID,MLS#: 12637996
Facts & features
Interior
Heating
- Natural Gas
Cooling
- Central Air
Property
Features
- Frontage length: 248
Lot
- Size: 0.37 Acres
Details
- Parcel number: 121527901300
- Special conditions: None
Utilities & green energy
- Water: Municipal Water
- Utilities for property: Electric to Site, Natural Gas Available
Community & HOA
Location
- Region: Decatur
Financial & listing details
- Annual tax amount: $10,428
- Date on market: 5/7/2026
- Ownership: Fee Simple
- Electric utility on property: Yes
- Road surface type: Concrete
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 5/7/2026 | Listed for sale | $795,000 |
Source:  MRED as distributed by MLS GRID #12637996 Report a problem | ||
Public tax history
Tax history is unavailable.
Monthly payment
Estimated monthly payment$1,822
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: 62521
Nearby schools
GreatSchools rating
- NAMcgaughey Elementary SchoolGrades: PK-1Distance: 0.5 mi
- 6/10Mt Zion Jr High SchoolGrades: 7-8Distance: 1.4 mi
- 7/10Mt Zion High SchoolGrades: 9-12Distance: 1.3 mi
Schools provided by the listing agent
- District: 61
Source: MRED as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
A local agent can set up tours, give advice and negotiate with sellers.
A local lender can help you make sure your offer is ready when you are.
- Illinois
- Macon County
- Decatur
- 62521
- 228-248 W Main St
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