Solid Single-Family Rehab Project in Central Decat...

Closing time upcoming

Solid Single-Family Rehab Project in Central Decat...

Govdeals Realestate · realestate

Status
Closing time upcoming
Seller / agency
Pitman Realty LLC - Real Estate Remarketing, NY
Location
Decatur, Illinois, USA
Source-reported current bid
14,900 (currency not supplied)
Closing time
Condition
Used
Source listing ID
176-25752

Source-published description

Spacious Single-Family Rehab Opportunity in Central Decatur – 837 W Grand Ave, Decatur, IL. 3 Bedrooms | 1 Bathroom | Prime Block | High Rent Potential. Address: 837 W Grand Ave, Decatur, IL, 62522. Located just minutes from downtown, this classic Decatur single-family home offers an excellent opportunity to capitalize on the city’s steady rental demand and affordable housing market. Whether you’re an investor or first-time rehabber, this property has the bones and location for a strong return. ✨ Property Highlights:. 🛏 3 Bedrooms. 🛁 1 Bathroom. 📍 Located on W Grand Ave near transit, retail, and city parks. 🧱 Classic brick-front structure with original character. 🔧 Needs full rehab – ideal for experienced renovators. 🏡 Deep lot with rear yard and potential parking access. 📈 Comparable Sales in Decatur, IL:. 895 W Wood St – Sold for $89,900 (3 Bed / 1 Bath). 745 S Crea St – Sold for $83,500 (3 Bed / 1 Bath). 1315 N Taylor Ave – Sold for $78,000 (3 Bed / 1 Bath). 🌆 Why Decatur? Decatur is a major hub in central Illinois with a strong base of renters, revitalization efforts, and regional employers including ADM and Caterpillar. Key features include:. Expanding job market and revitalized downtown. Affordable housing with strong demand for rentals. Access to Lake Decatur, parks, museums, and colleges. Centrally located between Springfield, Champaign, and Bloomington. This is a rare chance to secure a value-priced property in an upward-trending neighborhood. With the right upgrades, 837 W Grand Ave can become a top-performing rental or a profitable resale.

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