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Off-Market
Decatur, IL 62521, USA
List price
$40,000
Single family house










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· from aerial to streetside.
Story
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Rehab Opportunity in Decatur, IL (62521) – Flip or Hold!
This Decatur fixer is the perfect light rehab for investors looking to capitalize on a budget-friendly deal with great upside. The property needs mostly cosmetic updates, making it a smooth project whether you’re looking to flip for profit or rent for strong cash flow.
ARV: 125k
Estimated Rehab: 30k
Asking Price: 40k
Average Rental Rates: ~1,800/month
Condition:
Roof- 14 years old with a 30-year warranty
HVAC- Needs a copper line & Freon recharge
Interior needs cosmetic updates throughout
COMPS:
630 East Sheridan Cir. - Pending 144,900 (smaller but newer)
1112 Cantrell St - SOLD 55k (AS IS COMP, literally half the size)
966 E Cantrell St - SOLD 49k (AS IS COMP)
Resources:
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Property details
2 details the seller has shared
Property
· The bones — what the buyer sees first
Property type
Single family house
History & terms
· Past sales, updates, and deal mechanics
Reason for sale
Other
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