new - 3 days on rocket

281 W Prairie Ave, Decatur, IL, 62523

$159,000

Home List Price

$1,888*

Closing Credit

0 Baths
Multi

Location

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281 W Prairie Ave, Decatur$159,000

Buyer Closing Credits

$1,888*

1.25% Loan Amount

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Property Highlights

Home TypeQuadruplex
Year Built1900
CoolingNone
BasementYes
MLS #6248118
Lot Size0.66 Acres
StatusActive

About 281 W Prairie Ave

4-unit building with mostly recently remodeled apartments. This building has been a great income producer for the owner. An extra, nicely landscaped and fenced lot next door provides recreation space for tenants and is included with the parcel. Income and expense information is available upon request. Owner pays utilities, trash service, lawn care, insurance and taxes. Per owner, roof approximately 5-years old. Subject to tenant's rights. Selling as-is.

Property Details

Property Features

Property Information:

  • Architectural Style: Traditional
  • Year Built: 1900
  • Stories: 2

Listing Office:

  • Office Name: Brinkoetter REALTORS®
  • Office Phone: (217) 875-0555

Interior Features

Interior Information:

  • Appliances: Gas Water Heater, Range, Refrigerator
  • Basement: Yes

Lot Features

Lot Information:

  • Lot Size: 0.66 Acres

Utilities

Utilities Information:

  • Cooling: None

Other

Directions Information:

  • Directions: West Prairie Avenue to address.

Price Information

Listing Price Info

Price Summary:

  • List Price: $159,000

Tax Information:

  • Annual Amount: $919
  • Tax Year: 2020
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Housing Market Comparison

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

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Decatur, IL

City

Med. Sold Price

$124.6K

Med. Price/SqFt

$72

Avg. Days On Market

36

# of Sold Homes

66

281 W Prairie Ave vs Decatur

3 DAYS ON ROCKET

-33 Days

$159,000

+$34.3K More

KEY TAKEAWAY

This property is $34.3K more 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: #6248118

Listing Office:

  • Office Name: Brinkoetter REALTORS®
  • Office Phone: (217) 875-0555

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© 2025 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: 1/2/2025, 10:16:12 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Feb 20, 2020Home Sold
$110,000

Tax History

YEARPROP. TAXASSESSMENT
2020$919$8,642
2019$919$8,642
2018$911$8,671
2017$932$8,902

History based on county public records data.

Payment Calculator

$861

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$543

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-52137
2
/10

  • South Shores Elementary School

  • 2500 S Franklin Street Rd

  • 2.23 miles

  • Public District Grades KG-6

school-card-donut-52138
1
/10

  • Franklin Grove Elementary School

  • 2440 N Summit Ave

  • 2.35 miles

  • Public District Grades KG-6

school-card-donut-52139
2
/10

  • E. J. Muffley Elementary School

  • 88 S Country Club Rd

  • 2.91 miles

  • Public District Grades KG-6

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $30,185. Typical income of Decatur, IL residents is less than $35k annually. The most common type of family is single, no kids. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Rocket Homes›Illinois›Macon County›Decatur›62523›281 W Prairie Ave

This home is located at 281 W Prairie Ave in Decatur, IL and zip code 62523. This home, which was built in 1900, sits on a 0.66 acre lot. It has been listed on Rocket Homes since December 30, 2024 and is currently priced at $159,000.

In December 2024, from all listings sold in Decatur, IL there were more than 11 sold above asking price, over 41 sold below and more than 14 were sold right at the asked price. In December 2024 in Decatur, IL there were 17.9% less homes for sale than in November 2024. In December 2024 median list price was $124,656 and the average listing age was 36 days.

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

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