1929 W Division Street, Decatur, IL



2 Beds

1 Bath

840 SqFt

0.28 Acres

2 Car Garage

About 1929 W Division Street

This is a package deal of 10 rental properties and seller prefers to sell as a package. Various locations throughout Decatur. 7 of the 10 houses are currently leased. ~$80k in annual gross income and ~$58k in net income when all 10 are rented assuming 5% vacancy. This represents an ~18% cap rate. If financed at 80% LTV the annual cashflow would be about $36k representing a ~56% cash on cash return and an ROI of ~45%. Please contact your real estate agent for a list of addresses and the assumptions behind the financials listed above.

Facts & Features

MLS® # 6228834
Price $315,000
Cost Per Square Foot $375
Bedrooms 2
Bathrooms 1.00
Full Baths 1
Total Finished Square Feet 840
Total Finished Above Grade 840
Acres 0.28
Year Built 1929
Type Single Family
Sub-Type Single Family Residence
Style Ranch
Status Pending
Taxes $1,153
Tax Year 2021

Community Information

Address 1929 W Division Street
City Decatur
County Macon
State IL
Zip Code 62526


Parking Garage, Detached
# of Garage Spaces 2
Is Waterfront No
Has Pool No


Appliances Gas Water Heater, Refrigerator
Heating Forced Air, Gas
Cooling Central Air
Has Basement Yes
Basement Full, Unfinished
Fireplace No
# of Stories 1
Stories One


Roof Asphalt, Shingle
Construction Wood Siding
Foundation Basement

School Information

District Decatur Dist 61

Additional Information

Date Listed August 16th, 2023
Days on Market 34
Zoning RES

Listing Details

AgentTony Piraino
OfficeBrinkoetter, Realtors

Listing Map

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