1740-1760 S Fairview Avenue
Decatur, IL
$2,250,000
1740-1760 S Fairview Avenue
Decatur, IL 62521
$2,250,000
List Price
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About This Property
Prime Investment Opportunity - 65-Unit Multifamily Property Near Millikin University Welcome to an exceptional investment opportunity! This 65-unit residential property offers strong income potential, strategically positioned just 1.5 miles from Millikin University. With a current cap rate of 7.71 0/0 and a GRM of 6.95, this asset is priced based on existing income figures-reflecting the low 66 0/0 occupancy rate, leaving significant upside for the savvy investor. Some recent renovations, th...
Property Details
Key Facts
Listed for sale
MLS #MRD12631828
$2,250,000
Apr 28, 2026
Mortgage Estimate
$14,377
/monthLocation
Explore Decatur
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1740-1760 S Fairview Avenue, Decatur, IL 62521
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Listing data is provided in part by Midwest Real Estate Data LLC (MRED). Information is deemed reliable but not guaranteed accurate and should be independently verified. Properties may be listed by brokerages other than Abode Real Estate. © 2026 Midwest Real Estate Data LLC. All rights reserved.
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