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422 W William Street, 
Decatur, IL 62522

$312,900

—

Bed

—

Bath

3,520

Sq Ft

Multi-Family

Active

Listed by

Bruce Campbell

Lyle Campbell & Son Realtors

217-429-5218

Last updated:

September 15, 2025, 03:11 PM

MLS#

6254591

Source:

IL CIBOR

About This Home

422 W William Street

INVESTORS ATTENTION TO THIS ONE. Here's an excellent investment opportunity--check out the rate of return--estimated at 12%. The building has been totally updated with newer HVAC systems for each unit. Each one well decorated. All newer stoves and refrigerators. Newer roof. Coin operated laundry in the basement produces about $2900 annually. There are storage units in the basement for each unit. 4-car masonry garage. Excellent location near downtown and also in the NEAR WEST SIDE area where many of the older HISTORIC HOMES are well maintained making it an attractive location for tenants. Units are fully leased.

Home Facts

Multi-Family

Built in 1951

Price Summary

312,900

$88 per Sq. Ft.

MLS #:

6254591

Last Updated:

September 15, 2025, 03:11 PM

Added:

5 day(s) ago

Rooms & Interior

Interior

Living Area:

3,520 Sq. Ft.

Structure

Structure

Architectural Style:

Traditional

Building Area:

3,520 Sq. Ft.

Year Built:

1951

Lot

Lot Size (Sq. Ft):

7,440

Finances & Disclosures

Finances

Price:

$312,900

Price per Sq. Ft:

$88 per Sq. Ft.

Source:IL CIBOR
The information being provided by Central Illinois Board of Realtors MLS is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information is deemed reliable but not guaranteed and should therefore be independently verified. © 2025 Central Illinois Board of Realtors MLS All rights reserved.

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By clicking Contact I agree a Coldwell Banker Agent may contact me by phone or text message including by automated means and prerecorded messages about real estate services, and that I can access real estate services without providing my phone number. I acknowledge that I have read and agree to the Terms of Use and Privacy Notice.