615 W Prairie Ave
Decatur, IL 62522

Currently fully leased with additional income from laundry, this 3 story brick apartment consist of all 2 bedroom 1 bath apartments that currently rent for $530-$580 apiece. Situated on a 42.5'x150' lot with off street paved parking for 6 cars, these large apartments consist of approximately 970 square feet apiece, have gas forced air heating, central air and are separately metered. There is a full basement with storage and coin operated laundry facilities. Each unit has 60 amp electrical service, and there is a 60 amp house meter for common area lighting and basement services as well as a 3 phase 400 amp service for the building. The roof is of flat membrane construction and is about 14 years old. It was partially resurfaced on 8/17/2019. The building is located about 3 blocks west of downtown Decatur and Milikin University in the Near West Historic District, a neighborhood of mixed single family residential and apartments. The apartments are zoned R-3 and is outside the flood hazard area. The units rent for between $530-$580 per month. Owner is responsible for water, trash service and common electricity.