1074 Forest Ave, Decatur, IL, 62522

Location

Get An Agent. Get A Mortgage.

Let Us Help You Buy A Home And Save BIG

Save BIG.

1074 Forest Ave, Decatur$29,000

Buyer Closing Credits

$344^*

1.25% Loan Amount

Sell Your Home And Save More

Connect With An Agent

Still Have Questions? Contact Us.

1 (855) 200-2001

Property Highlights

Home TypeSingle Family Residence

Year Built1900

HeatingNone

CoolingNone

BasementYes

MLS #6243135

Lot Size0.17 Acres

StatusActive

About 1074 Forest Ave

Investor special! This 3 bedroom, 1 bath home holds endless possibilities to add to your portfolio. Conveniently located just minutes from the sports complex and Millikin University. Relax on the front porch or enjoy the large back yard with plenty of space to take in the beautiful sunshine! Sold as is. Schedule your showing today!

View More

Property Details

Property Features

Property Information:

• Architectural Style: Ranch
• Year Built: 1900
• Stories: 1

Listing Office:

• Office Name: Ryan Dallas Real Estate
• Office Phone: (217) 369-0299

Interior Features

Interior Information:

• Appliances: None
• Basement: Yes

Bedroom and Bathroom Information:

• Full Bathrooms: 1
• Total Bedroom Count: 3

Lot Features

Lot Information:

• Lot Size: 0.17 Acres

Utilities

Utilities Information:

• Heating: None
• Cooling: None

Other

Directions Information:

• Directions: From E Rte 48/Fairview Ave, east on Forrest, home will be on the left

Price Information

Listing Price Info

Price Summary:

• List Price: $29,000

What can I afford?

Understand what home price range makes sense for your budget.

See What I Can Afford

Housing Market Comparison

See how this home compares to others in Decatur, IL.

Decatur, IL

City

Med. Sold Price

$123K

Med. Price/SqFt

$72

Avg. Days On Market

40

# of Sold Homes

89

1074 Forest Ave vs Decatur

13 DAYS ON ROCKET

-27 Days

$29,000

-$94K Less

KEY TAKEAWAY

This property is $94K less than the Median Sold Price in Decatur, IL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

• MLS Name: CentralIL
• MLS Number: #6243135

Listing Office:

• Office Name: Ryan Dallas Real Estate
• Office Phone: (217) 369-0299

The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (“IDX”) program of Central Illinois Board of Realtors. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed. Copyright© 2024 Central Illinois Board of Realtors.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/4/2024, 8:15:56 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

View More

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.

$212

Per Month

Principal & Interest

$145

Home Price

Home PriceThe dollar amount you pay for the home.

$

Interest Rate

Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.

%

Down Payment

Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.

$Down PaymentPercent%

Loan Term

Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.

30 year25 year20 year15 year10 year

Property Taxes

$0

Annual Cost

Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.

$/ Year

Mortgage Insurance

$0

Monthly Premium

Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.

$/ Month

Homeowners Insurance

$67

Monthly Premium

Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.

$/ Month

Homeowners Association (HOA)

$0

Monthly Fees

Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.

$/ Month

Utilities

$0

Monthly Cost

Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.

$/ Month

*Disclosures

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$153

See More Options

Connect With A Banker

Powered By

Advertisement

NMLS#3030

**Disclosures

Rocket Homes›Illinois›Macon County›Decatur›62522›1074 Forest Ave

This home is located at 1074 Forest Ave in Decatur, IL and zip code 62522. This home, which was built in 1900, sits on a 0.17 acre lot. Features: 3 bedrooms, 1 bathroom. It has been listed on Rocket Homes since November 21, 2024 and is currently priced at $29,000.

In November 2024 more than 25 listings in Decatur, IL were sold above the asking price. During the same period more than 16 listings were sold at asking price, while more than 48 were sold below. Between October 2024 and November 2024, Decatur, IL real estate market has seen decrease in the number of listings by 7.3%. While the average time on the market in November 2024 was 40 days, the median list price was $123,004.

From Rocket Homes Real Estate and based on county public records data.