1069 W King St, Decatur, IL 62522

Great location – walking distance of Millikin University

3 BD, 1 BA, 756 SqFt

Price: $32,900

Slow Flip Numbers: $930+ month, $3000 down, $89,000 

Taxes: $53 a month

Rent Comps at $1,070/month 

Videos + Photos from our community trusted ex-contractor Sam Becker:
https://drive.google.com/drive/folders/1p9q3m_RwrytIKpyEiAFICwDI_vZwwagb?usp=sharing 

↓ MAKE SURE TO READ SAM BECKERS FEEDBACK BELOW  ↓

Details:
Section 8 Tenant Occupied. Will be in place at closing. Month to Month lease. Has agreed to leave in 30 days post closing in 2 weeks (6 weeks from now).

Mechanicals all in working order.

Furnace less than 5 years old

Hot Water Tank less than 15 years old

Roof less than 10 years old. Some missing shingles. No leaks

Foundation is great.

Sam Becker’s assessment: 

“Here’s my general assessment of the property:

Property Address: 1069 W King St, Decatur, IL

This property is a 3-bedroom, 1-bathroom home located within walking distance of Millikin University, making it an attractive option for students or university staff. The house features an additional room that could be utilized as an office, providing extra functional space.

General cosmetic work and updates are needed throughout the property, which provides an opportunity for customization and modernization to suit personal preferences or increase its market value.

Overall, the property has potential due to its location and the additional room that can serve various purposes, but it does require some maintenance and updates to reach its full potential.”