164 N Park Pl, Decatur, IL

Name: 164 N Park Pl, For Sale in Decatur - Zoocasa
Brand: Glenda Williamson Realty
SKU: 6258597
Price: 379000 USD

House

For Sale

Listed price in listed location currency (USD).

$379,000

000

MLS® 6258597

Overview

Key Facts

Type Multi Family

Levels Residential Income

Size -

Garage

Taxes $10,996

Days Active 0

Lot Size

Approx. Age 1929

MLS® Number 6258597

Property Address: 164 N Park Pl, Decatur, IL, 62522-1950

Average square foot calculated using Size range provided by listing agent.

Description

Discover a prime investment opportunity with this multifamily property located within walking distance of Millikin University. Boasting 18-bedrooms : 16 tenant bedrooms fully furnished with queen and/or twin bed, mattress and dresser. 2 of the bedrooms with full baths used for facility director located on main floor. 4.5 tenant bathrooms-all full baths have showers and were remodeled in the last 3 years. Spread across 4 floors , this versatile property is designed for optimal functionality . The lower level features a spacious kitchen, laundry, dining room, social space, and a 1/2 bath, perfect for communal living and gatherings. Additionally, two of three other floors are equipped with convenient kitchenettes, adding flexibility to the living arrangements. With the convenience of on-site laundry facilities, this property ensures a hassle-free living experience for residents. The strategic location offers proximity to Millikin University, making it an attractive option for students seeking comfortable, nearby housing. 1st floor- 3 bedrooms, 1 of the bedrooms has ensuite, 1 shared full bath, separate 2 bedrooms for director quarters with each their own bathroom.. open social area and kitchenette 2nd floor -8 bedrooms 2 baths kitchenette and social gathering area 3rd floor- 5 bedrooms and large deck for outside social gathering key fob entry access 9 parking spaces Investors, seize the opportunity to capitalize on the growing demand for student housing in this vibrant university town. Explore the potential for consistent rental income and long-term returns with this multifamily gem. Don't miss out on this chance to make a wise investment in the heart of Decatur, located in the well sought after west end neighborhood. Schedule a viewing today and unlock the doors to a promising venture in real estate.

MLS® Number6258597

Laundry Level

Central VacNo

FireplaceNo

Acreage

Exterior

Garage

Approx. Age1929

BasementFinished, Full

Driveway

Garage Spaces

Heat

A/C

Heating Fuel

Extras

Price History

-End Date

Not Sold YetSold Price

For Sale

May 14, 2026List Date

$379,000List Price

Map

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