Available

1174 W King St

Decatur, IL 62522

3 beds
2 baths
1,296 square feet
Year built not stated
Multifamily

Overview

Vacant Decatur property with three bedrooms, two bathrooms, and a bonus room. Utilities are reported to be on. A quick closing is preferred.

Property readiness: Ready for occupancy

Seller-reported. Confirm condition and suitability through your own due diligence.

Occupancy: Vacant
Possession: To be determined
Utilities: Utilities on
Livable now: Seller reports it is not livable

The Deal

What you pay to acquire it now. Seller-stated; confirm every term before committing.

Cash price

$38,000

Financed price

$42,000

Purchase options

Cash · Seller financing

Transaction: Sale of the property
Target closing: As soon as possible · Quick closing preferred
Buyer funding accepted: Cash
Down payment: 4000
Amount financed: 38000
Terms stated by: Seller financing, provided by the seller

Seller’s projections for a possible later resale

Estimate by Damon Remy, 2026-09-13

Projected resale

Resale price: $75,000

Terms projected to that buyer

Down payment: $2,500
Payment: $1,050 needs confirmation

Assumptions

Based on: Seller estimate

Not the asking price and not the financing offered on this purchase.

Supplied by the seller and not verified by the marketplace. Arrange your own inspection and confirm the terms before committing. Buyer Due Diligence & Marketplace Disclosures

Property

Type: Multifamily
Bedrooms: 3
Bathrooms: 2
Square footage: 1,296 square feet
Bonus room: Yes

Market Rents

From RentCast, an outside data service. Estimates based on listed rents. They are not a promise of rent and not an appraisal.

The average monthly rent for this ZIP code, the rent range, an estimate for this property, rents by bedroom count and recent nearby rentals are available to signed-in members.

Membership is free for community members.

Listed by Damon Remy · First listed 2026-09-13 · Availability confirmed Not confirmed since first listed · Listing SFM-1017

$38,000