This building has been a solid income producer for the owner. The units have been upgraded in the last 3-4 years. Landlord pays all utilities. Expense breakdown available to qualified prospects upon request. Building is 100% occupied. Possession is subject to tenants' rights. Selling as-is.
For sale
$162,000
281 W Prairie Ave, Decatur, IL 62523
--beds
0baths
2,732sqft
:
Get pre-qualified$1,240/mo
Quadruplex, Multi Family
Built in 1900
-- sqft lot
$-- Zestimate®
$59/sqft
$-- HOA
What's special
- 327 days |
- 85 |
- 4 |
Zillow last checked:
Listing updated:
Listed by:
John Sellers 217-875-0555,
Brinkoetter REALTORS®
Source: CIBR,MLS#: 6254941
Originating MLS: Central Illinois Board Of REALTORS
Originating MLS: Central Illinois Board Of REALTORSFacts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 0
Cooling
- None
Appliances
- Included: Gas Water Heater, Range, Refrigerator
Features
- Basement: Full
Interior area
- Total structure area: 2,732
- Total interior livable area: 2,732 sqft
- Finished area above ground: 1,388
Property
Features
- Levels: Two
- Stories: 2
Lot
- Size: 0.37 Acres
Details
- Parcel number: 041215279020
- Zoning: O-1
- Special conditions: None
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Traditional
- Property subtype: Quadruplex, Multi Family
Materials
- Foundation: Basement
- Roof: Shingle
Condition
- Year built: 1900
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Location
- Region: Decatur
Financial & listing details
- Price per square foot: $59/sqft
- Tax assessed value: $30,837
- Annual tax amount: $2,960
- Date on market: 9/2/2025
- Cumulative days on market: 282 days
John Sellers
(217) 433-1879
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Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 12/17/2025 | Listed for sale | $162,000$59/sqft |
Source:  CIBR #6254941 Report a problem | ||
| 11/27/2025 | Pending sale | $162,000$59/sqft |
Source: CIBR #6254941 Report a problem | ||
| 11/6/2025 | Contingent | $162,000$59/sqft |
Source: CIBR #6254941 Report a problem | ||
| 9/4/2025 | Listed for sale | $162,000+1.9%$59/sqft |
Source: CIBR #6254941 Report a problem | ||
| 7/1/2025 | Listing removed | $159,000$58/sqft |
Source: CIBR #6248118 Report a problem | ||
| 2/27/2025 | Listed for sale | $159,000$58/sqft |
Source: CIBR #6248118 Report a problem | ||
| 1/29/2025 | Contingent | $159,000$58/sqft |
Source: CIBR #6248118 Report a problem | ||
| 1/13/2025 | Listed for sale | $159,000$58/sqft |
Source: CIBR #6248118 Report a problem | ||
| 1/7/2025 | Contingent | $159,000$58/sqft |
Source: CIBR #6248118 Report a problem | ||
| 12/30/2024 | Listed for sale | $159,000$58/sqft |
Source: CIBR #6248118 Report a problem | ||
| 9/7/2021 | Listing removed | -- |
Source: CIBR Report a problem | ||
| 9/3/2021 | Listed for sale | $159,000+44.5%$58/sqft |
Source: CIBR #6214967 Report a problem | ||
| 2/20/2020 | Sold | $110,000-4.3%$40/sqft |
Source: Agent Provided Report a problem | ||
| 2/1/2020 | Pending sale | $115,000$42/sqft |
Source: Vieweg Real Estate - North #6195778 Report a problem | ||
| 1/20/2020 | Price change | $115,000+135.2%$42/sqft |
Source: Vieweg Real Estate - North #6195778 Report a problem | ||
| 8/5/2019 | Listed for sale | $48,900$18/sqft |
Source: Vieweg Real Estate - North #6195778 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $2,985 +0.8% | $30,837 +3.7% |
| 2023 | $2,960 +17.3% | $29,745 +20.5% |
| 2022 | $2,524 +95.2% | $24,681 +96.4% |
| 2021 | $1,293 -2.1% | $12,568 +3.8% |
| 2020 | $1,321 +43.7% | $12,105 +40.1% |
| 2019 | $919 +0.7% | $8,642 -0.3% |
| 2018 | $913 -2.1% | $8,671 -2.6% |
| 2017 | $932 -1.9% | $8,902 -1% |
| 2016 | $950 +5.2% | $8,993 +1.8% |
| 2015 | $903 | $8,834 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: 62523
Nearby schools
GreatSchools rating
- 2/10Dennis Lab SchoolGrades: K-8Distance: 1.8 mi
- 2/10Macarthur High SchoolGrades: 9-12Distance: 1.3 mi
- 2/10Eisenhower High SchoolGrades: 9-12Distance: 1.6 mi
Schools provided by the listing agent
- District: Decatur Dist 61
Source: CIBR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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