422 W William Street Decatur, IL 62522
Listing Courtesy of: Central Illinois Board of Realtors / Lyle Campbell & Son Realtors

  422 W William Street Decatur, IL 62522

Active (3 Days)
$312,900

Description

INVESTORS ATTENTION TO THIS ONE. Here's an excellent investment opportunity--check out the rate of return--estimated at 12%. The building has been totally updated with newer HVAC systems for each unit. Each one well decorated. All newer stoves and refrigerators. Newer roof. Coin operated laundry in the basement produces about $2900 annually. There are storage units in the basement for each unit. 4-car masonry garage. Excellent location near downtown and also in the NEAR WEST SIDE area where many of the older HISTORIC HOMES are well maintained making it an attractive location for tenants. Units are fully leased.

MLS #:
6254591
Taxes
$3,261(2024)
Lot Size
7,440 SQFT
Type
Multifamily
Year Built
1951
Style
Traditional
School District
Decatur Dist 61
County
Macon County
Community
Western

Listed By

Bruce Campbell, Lyle Campbell & Son Realtors
Source
Central Illinois Board of Realtors
Last checked Sep 18 2025 at 7:01 AM CDT
Bathroom Details
Interior Features
  • Range
  • Refrigerator
  • Gas Water Heater
Subdivision
  • Western
Property Features
  • Foundation: Basement
Heating and Cooling
  • Forced Air
  • Gas
  • Central Air
Basement Information
  • Unfinished
  • Full
Exterior Features
  • Roof: Composition
Utility Information
  • Utilities: Water Source: Public
  • Sewer: Public Sewer
Parking
  • Garage
  • Detached
Stories
  • 2
Location
   
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Estimated Monthly Mortgage Payment

*Based on Fixed Interest Rate withe a 30 year term, principal and interest only

Listing price
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Interest rate
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Disclaimer: Copyright 2025 Central Illinois Board of Realtors. All rights reserved. This information is deemed reliable, but not guaranteed. The information being provided is 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. Data last updated 9/18/25 00:01