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228 W MAIN ST
DECATUR IL 62523 US

$795,000

Active Listing ID 11905745
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14 bed
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15,080 square feet
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8.00 Bath (6 Full , 2 Half)
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Lot: 0.37 Acres
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Other

$795,000

Active Listing ID 11905745
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228 W MAIN ST RARE downtown investment opportunity has hit the market! This thirteen-unit mixed-use property offers seven upstairs apartments and six retail storefronts at street level with an off-street parking lot on the north side. Most units are individually metered, with landlord responsibilities varying by lease. With room to grow income through future rent adjustments and a prime location on historic West Main Street near Millikin University, this property is full of potential. Please do not disturb tenants!

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Property Features

  • Facts
  • Lot Size: 0.37 Acres
  • Property Type: Residential Multi Family
  • Property Sub-type: Other
  • Features
  • Full Bathrooms: 6
  • 1/2 Bathrooms: 2
  • Floor Covering: Vinyl, Carpet, Tile
  • Roof Type: Tar/Gravel, Rubber
  • Heating Fuels: Natural Gas, Forced Air
  • Additional Features
  • Patio

Property

  • propertytype: Residential Multi Family
  • propertysubtype: Other
  • listprice: 795000
  • unparsedaddress: 228 W MAIN ST
  • postalcity: DECATUR
  • stateorprovince: IL
  • country: US
  • postalcode: 62523
  • bathroomsfull: 6
  • bathroomshalf: 2
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 0.37
  • lotsizeunits: Acres
  • lotsizearea: 0.37
  • livingarea: 15080
  • livingareaunits: Square Feet
  • latitude: 39.84156
  • longitude: -88.957912
  • listagentfullname: Mitchell Cohen
  • listagentemail: mitch@covesrealty.com
  • listagentkey: 3yd-NYSMLS-533931
  • listagentmlsid: 533931
  • listagentpreferredphone: 8474363551
  • listagentofficephone: 8474363551
  • listofficekey: 3yd-NYSMLS-43449
  • listofficemlsid: 43449
  • disclaimer: Copyright © 2026 My State MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: NYSMLS
  • yearbuilt: 1920
  • listingcontractdate: 2026-07-28
  • countyorparish: Macon
  • parcelnumber: 12-15-279-013
  • constructionmaterials: Aluminum
  • flooring: Vinyl, Carpet, Tile
  • heating: Natural Gas, Forced Air
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 3
  • parkingtotal: 0
  • roof: Tar/Gravel, Rubber
  • waterfrontyn: False
  • franchiseaffiliation: None
  • rooms: Bathroom 6, Bedroom 3, Bedroom 8, Bathroom 3, Bedroom 9, Bedroom 11, Bedroom 6, Bathroom 8, Bedroom 2, Bathroom 1, Bathroom 2, Bedroom 7, Bedroom 10, Bedroom 13, Bedroom 1, Bathroom 5, Bedroom 12, Bedroom 14, Bathroom 7, Bedroom 4, Bedroom 5, Bathroom 4
  • patioandporchfeatures: Deck, Porch
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: True
  • internetconsumercommentyn: True
  • location: -88.95791, 39.84156
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"Cove Realty Inc.", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "CustomSourceId":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"mitch@covesrealty.com", "ListBrokerageCity":"South Barrington", "ListBrokerageCountry":"US", "ListBrokerageEmail":null, "ListBrokerageLogoUrl":null, "ListBrokerageName":"Cove Realty Inc.", "ListBrokeragePhone":"8474363551", "ListBrokeragePostalCode":null, "ListBrokerageStateOrProvince":"IL", "ListBrokerageUnitNumber":null, "ListBrokerageUnparsedAddress":"6 S Cove ", "ListBrokerageWebsiteUrl":null, "ListOfficeAddress1":"6 S Cove ", "ListOfficeAddress2":null, "ListOfficeBrokerMlsId":"43449", "ListOfficeCity":"South Barrington", "ListOfficeCountry":"US", "ListOfficeEmail":null, "ListOfficePostalCode":"60010", "ListOfficeStateOrProvince":"IL", "ListPriceCurrencyType":"USD", "ListingTitle":"MULTI_FAMILY - DECATUR, IL", "ListingURL":"https://www.realtor.com/realestateandhomes-detail/228-W-Main-St_Decatur_IL_62523_M92628-60844?f=listhub&s=NYSMLS&m=11905745&c=rexren", "MLSModificationTimestamp":"2026-07-29 15:20:14", "Neighborhoods":[], "PostalCode":null, "RoomCount":null, "StateOrProvince":null, "Taxes":[{"TaxAnnualAmount":10585, "TaxDescription":null, "TaxYear":"2025"}], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 8/5/2026 4:34:08 PM GMT
Source Updated Date: 8/12/2026 12:56:16 AM GMT

Courtesy of: Mitchell Cohen, Cove Realty Inc., mitch@covesrealty.com

Copyright © 2026 My State MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.