Affordable Homeownership or Turnkey Rental!
Looking for an affordable way to own or invest in real estate?
This 2 Bed / 1 Bath single-family home is a great value with a low entry cost and built-in equity potential.
FINANCING MADE SIMPLE:
Down Payment: $1,500
Monthly Total: $795
Principal & Interest: $629
Taxes: $103
Insurance: $63 (Included!)
Fixed Rate: 10.73% (Approx.)
Why This Property is a Win:
Solid structure with great bones
Covered front porch and large windows for natural light
Opportunity to add value with cosmetic updates
Perfect for buy-and-hold, fix & flip, or owner-occupant
In a quiet, developing neighborhood in Decatur
Perfect for:
Buy & hold investors seeking modest monthly cash flow
Buyers who want affordable home ownership with potential to build equity
Rehabbers / flippers who can add cosmetic upgrades
Own for less than rent!
Investors: Strong ROI potential with minor upgrades
Sold for $12,000
$12,000
2648 E Prairie St, Decatur, IL 62521
2beds
980sqft
Single Family Residence
Built in ----
-- sqft lot
$56,000 Zestimate®
$12/sqft
$879 Estimated rent
Home value
$56,000
$38,000 - $78,000
$879/mo
Zestimate® history
Owner options
List your home for rent
$879/mo
Rent Zestimate®
Find your next renter with Zillow Rental Manager. Plus, with online applications, you can quickly screen prospective tenants – for free.
$879/mo
Rent Zestimate®
Refinance and save
$73/mo
Est. payment
Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.
$73/mo
Est. payment
Explore your selling options
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Leverage their expertise and Zillow's premium Showcase listings to get your home seen by more buyers.
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List your homeWhat's special
Covered front porch
Zillow last checked:
Listing updated:
Source: Zillow Rentals
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
Interior area
- Total interior livable area: 980 sqft
Property
Parking
- Details: Contact manager
Details
- Parcel number: 041318151015
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Community & HOA
Community
- Deposit fee: $1,500
Location
- Region: Decatur
Financial & listing details
- Price per square foot: $12/sqft
- Tax assessed value: $12,726
- Annual tax amount: $1,232
- Date on market: 10/1/2025
- Lease term: 1 Month
Price history
| Date | Event | Price |
|---|---|---|
| 11/7/2025 | Listing removed | $795$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 10/1/2025 | Listed for rent | $795$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 8/5/2025 | Sold | $12,000-90.4%$12/sqft |
Source: Public Record Report a problem | ||
| 3/21/2012 | Sold | $125,000+1288.9%$128/sqft |
Source: Public Record Report a problem | ||
| 4/4/2008 | Sold | $9,000+20%$9/sqft |
Source: Public Record Report a problem | ||
| 10/17/2007 | Sold | $7,500$8/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $1,232 +0.8% | $12,726 +3.7% |
| 2023 | $1,222 +5.6% | $12,275 +8.6% |
| 2022 | $1,156 +6.4% | $11,307 +7.1% |
| 2021 | $1,086 -2.1% | $10,559 +3.8% |
| 2020 | $1,109 +3.6% | $10,169 +1% |
| 2019 | $1,071 +3.7% | $10,068 +2.6% |
| 2018 | $1,033 -2.1% | $9,809 -2.6% |
| 2017 | $1,055 -1.9% | $10,071 -1% |
| 2016 | $1,075 +5.2% | $10,174 +1.8% |
| 2015 | $1,022 +11.9% | $9,994 +4.9% |
| 2014 | $913 -3.2% | $9,524 -3.6% |
| 2013 | $943 -0.6% | $9,882 -3% |
| 2012 | $949 | $10,188 |
| 2011 | -- | $10,188 -5.4% |
| 2010 | -- | $10,772 |
| 2009 | -- | $10,772 +10.4% |
| 2006 | -- | $9,761 |
| 2005 | -- | $9,761 |
Find assessor info on the county website
Neighborhood: 62521
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Nearby schools
GreatSchools rating
- 3/10Michael E Baum Elementary SchoolGrades: K-6Distance: 1.4 mi
- 2/10Stephen Decatur Middle SchoolGrades: 7-8Distance: 3.3 mi
- 2/10Eisenhower High SchoolGrades: 9-12Distance: 1.4 mi
- Illinois
- Macon County
- Decatur
- 62521
- 2648 E Prairie St
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