Sold
Last Sold Price
2,400 sqft$55/sqft
1624 N Water St, Decatur, IL 62526
Multi FamilyProperty Type
6,534 sq ftLot Size
1971Year Built
$55/sq ftPrice per sq ft

Description

Producing brick four plex, conveniently located, low maintenance makes it a great additional to any investors portfolio. Can be packaged with 1351 N Edward (brick 6 unit building). Call your favorite agent for a showing today!Producing brick four plex, conveniently located, low maintenance makes it a great additional to any investors portfolio. Can be packaged with 1351 N Edward (brick 6 unit building). Call your favorite agent for a showing today!
  • Listed by: Jillian Williams 217.972.8890 Jill@mainplace.us • Main Place Real Estate
Listing closed: 06/06/2025 12:00 AM • Source: Central Illinois Board of REALTORS, MLS#: 6251691

Recent comparable sales

Median sold price

$150,000

Avg days on market

220

Sale-to-list ratio

16197.5%

Decatur, IL

9 comparable properties found

a view of house with backyard
1/13
1

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Sold 04/04/25

Unavailable
Bedrooms
Unavailable
Bathrooms
2,560
Square Feet
0.14
Acres
$450,000 | 135 East Prairie Avenue, Unit 14, Decatur, IL 62523
1/18
2

$450,000

Sold 12/12/25

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
0.06
Acres
$200,000 | 1351 North Edward Street, Decatur, IL 62526
1/9
3

$200,000

Sold 07/21/25

Unavailable
Bedrooms
Unavailable
Bathrooms
2,790
Square Feet
0.15
Acres
$625,000 | 1730 North Water Street, Decatur, IL 62526
1/30
4

$625,000

Sold 08/26/25

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
0.29
Acres
5

$150,000

Sold 02/26/25

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
Unavailable
Acres
6

$140,000

Sold 04/25/25

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
Unavailable
Acres
7

$150,000

Sold 07/20/26

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
Unavailable
Acres
8

$150,000

Sold 05/02/25

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
Unavailable
Acres
a view of a city
1/49
9

$433,600

Sold 02/13/25

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
0.21
Acres

Location

Listing Courtesy of Main Place Real Estate

Sold By Mtz Realty Services

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$814 per month

30 year fixed, 6.55% Interest

Principal and Interest

$671

Property Taxes

$143

HOA Dues

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Property Information for 1624 North Water Street

Property Details
  • Taxes: $1,712 / year
  • MLS Type: Residential Income / Quadruplex
  • County: Macon County
  • Architectural Style: Ranch
  • Subdivision Name: Hunter
  • Has Waterfront: No
  • Zoning: MUN
Building Information
  • Stories: 1
  • Residences: 4
  • Year Built: 1971
  • Lot Size: 0.15 AC / 6,534 SF
Summary
Location and General Information
  • Latitude: 39.858969
  • Longitude: -88.954362
Taxes and HOA
  • Parcel Number: 04-12-11-104-006
  • Tax Annual Amount: $1,712.00
  • Tax Year: 2023
School Information
  • Elementary School District: Decatur Dist 61
  • High School District: Decatur Dist 61
  • Middle Or Junior School District: Decatur Dist 61
Parking
  • Carport: No
  • Garage: No
Property
Lot Information
  • Lot Size Acres: 0.15
  • Lot Size Area: 0.15
  • Lot Size Square Feet: 6665.0
  • Lot Size Units: Acres
Property and Assessments
  • Above Grade Finished Area: 2400.0
  • Building Area Total: 2400.0
  • Living Area Source: Public Records
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Year Built: 1971
  • Year Built Source: Public Records
Building Features
  • Levels: One
  • Roof: Shingle
  • Stories: 1
  • Total Stories: 1
Utilities
  • Sewer: Public Sewer
  • Water Source: Public
Interior and Exterior Features
Interior Features
  • Appliances: Gas Water Heater
  • Basement: Crawl Space
  • Cooling: Wall Unit(s)
  • Has Cooling: Yes
Multi Family
Multi Family Information
  • Number Of Units Total: 4
Income & Expenses
  • Gross Scheduled Income: $29,340
  • Operating Expense: $5,000.00

Property History for 1624 North Water Street

DateEvent & SourcePriceAppreciation
Jun 6, 2025

Sold (Public Record)

Public Record #1882938718

$132,000

+40.6% / yr

Jun 6, 2025

Sold

Central Illinois Board of REALTORS #6251691

$132,000
May 2, 2025

Pending

Central Illinois Board of REALTORS #6251691

DateEvent & SourcePrice
06/06/2025

Sold (Public Record)

Public Record #1882938718

$132,000

+40.6% / yr

06/06/2025

Sold

Central Illinois Board of REALTORS #6251691

$132,000
05/02/2025

Pending

Central Illinois Board of REALTORS #6251691

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 1624 North Water Street

Taxable ValueLand$407Additions$18,724Total$19,131
Tax Record2025$1,785 ($149 / month)
Home Facts
Beds0Total Finished SqFt2,400 SqFtAbove Grade Finished SqFt2,400 SqFtStories1Lot Size6,665 SqFtStyleSingle Family ResidenceYear Built1971ZoningMUNICIPALCountyMACONAPN04-12-11-104-006

Schools near 1624 North Water Street

This home is within Decatur School District 61.
Rating
School
Type
Grades
Distance
Public - K to 8
Public - 9 to 12
Public - PK to 8
Public - K to 8
Rating
School
Distance
Hope Academy
PublicK to 8

Macarthur High School
Public9 to 12

Garfield Montessori School
PublicPK to 8

Johns Hill Magnet School
PublicK to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Nearby home values

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Main Place Real Estate

The data relating to real estate for sale on this website comes in part from the Internet Data exchange (IDX) program of Central Illinois Board of REALTORS®. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed. Copyright ©2026 Central Illinois Board of REALTORS®. All rights reserved.