Last Sold Price
2 beds676 sqft$64/sqft
330 W Garfield Ave, Decatur, IL 62526

Description

Investor-friendly 2-bed ranch with proven rental history and strong cash-flow metrics. Previously rented for $625/month, this property presents an excellent opportunity for buyers seeking immediate income and favorable cash-on-cash returns. Recent capital improvements include replacement windows, a new roof in 2021, and a new electrical panel in 2025, helping reduce near-term maintenance risk. The home also features an unfinished basement. At a $45,000 purchase price, the numbers are compelling:...Investor-friendly 2-bed ranch with proven rental history and strong cash-flow metrics. Previously rented for $625/month, this property presents an excellent opportunity for buyers seeking immediate income and favorable cash-on-cash returns. Recent capital improvements include replacement windows, a new roof in 2021, and a new electrical panel in 2025, helping reduce near-term maintenance risk. The home also features an unfinished basement. At a $45,000 purchase price, the numbers are compelling:
Estimated monthly P&I: ~$269 (20% down, 6.5% interest, 20-year amortization), Estimated monthly cash flow: ~$356, Estimated annual cash flow: ~$4,275, Estimated cash-on-cash return: ~47% (based on ~$9,000 down payment), Estimated annual ROI: ~47% (excluding appreciation and tax benefits). HVAC and water heater ages are unknown, allowing investors to underwrite conservatively while still benefiting from recent major updates. Affordable entry point, strong yield, and proven rent history make this a solid buy-and-hold or portfolio-add opportunity. Financial figures are estimates and provided for illustration purposes only; buyers to verify rents, expenses, and financing terms.
LISTING CLOSED: 02/09/2026 12:00 AM

  1. Listed by Tony Piraino • Brinkoetter REALTORS®
    P: (217) 972-2867 C: (217) 972-2867 tony@brinkoetter.com

Property Details for 330 West Garfield Avenue

Status
MLS #
6256575
Days on Market
31
Taxes
$415 / year
HOA Fees
-
Condo/Co-op Fees
-
Property Type
MLS Type
Residential / Single Family Residence
Year Built
1925
Lot Size
0.05 AC / 2,178 SF
Architectural Style
Ranch
Subdivision Name
J T Briggs Sub
Has Waterfront
No
Zoning
RES

Recent comparable sales

Median sold price

$45,000

Avg days on market

54

Sale-to-list ratio

102.6%

Decatur, IL

9 comparable properties found

$47,850 | 1570 North Walnut Grove Avenue, Decatur, IL 62526
1/2
1

$47,850

Sold 05/14/25

2
Bedrooms
775
Square Feet
0.09
Acres
a front view of house with yard and trees in the background
1/16
2

$50,000

Sold 04/13/26

2
Bedrooms
624
Square Feet
0.14
Acres
$45,000 | 1640 East Division Street, Decatur, IL 62526
1/5
3

$45,000

Sold 02/04/25

2
Bedrooms
700
Square Feet
0.17
Acres
$49,000 | 1553 East Hickory Street, Decatur, IL 62526
1/2
4

$49,000

Sold 04/01/26

2
Bedrooms
672
Square Feet
0.14
Acres
a view of a house with a yard and sitting area
5

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Sold 12/20/24

2
Bedrooms
710
Square Feet
0.14
Acres
$36,000 | 1845 West Waggoner Street, Decatur, IL 62526
1/12
6

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Sold 05/06/26

2
Bedrooms
624
Square Feet
0.14
Acres
$34,000 | 1157 Curtis Avenue, Decatur, IL 62526
1/10
7

$34,000

Sold 01/12/26

2
Bedrooms
752
Square Feet
0.11
Acres
a front view of a house with a yard
8

$45,000

Sold 11/01/24

2
Bedrooms
792
Square Feet
0.16
Acres
$34,000 | 1537 East Division Street, Decatur, IL 62526
1/17
9

$34,000

Sold 12/19/25

2
Bedrooms
720
Square Feet
0.13
Acres

Location

Listing Courtesy of Brinkoetter REALTORS®

Sold By Central Illinois Board of REALTORS

Add your commute

Building Information for 330 West Garfield Avenue

Stories1Year Built1925Building Size-Lot Size0.05 AC / 2,178 SF

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Property Taxes

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Property Information for 330 West Garfield Avenue

Summary
Location and General Information
  • Latitude: 39.862229
  • Longitude: -88.95993
Taxes and HOA
  • Parcel Number: 04-12-03-456-021
  • Tax Annual Amount: $415.00
  • Tax Year: 2024
School Information
  • Elementary School District: Decatur Dist 61
  • High School District: Decatur Dist 61
  • Middle Or Junior School District: Decatur Dist 61
Parking
  • Garage: No
Virtual Tour
Property
Lot Information
  • Lot Size Acres: 0.05
  • Lot Size Area: 0.05
  • Lot Size Units: Acres
  • Lot Size Dimensions: 47x48
  • Lot Size Square Feet: 2209.0
  • Road Surface Type: Gravel
Property and Assessments
  • Above Grade Finished Area: 676.0
  • Below Grade Unfinished Area: 676.0
  • Building Area Total: 676.0
  • Living Area Source: Public Records
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Year Built: 1925
  • Year Built Source: Public Records
Building Features
  • Construction Materials: Aluminum Siding
  • Levels: One
  • Roof: Asphalt, Shingle
  • Stories: 1
  • Total Stories: 1
Utilities
  • Sewer: Public Sewer
  • Water Source: Public
Interior and Exterior Features
Exterior Features
  • Patio And Porch Features: Front Porch
Interior Features
  • Appliances: Freezer, Gas Water Heater, Oven, Range
  • Basement: Unfinished, Full
  • Has Basement: Yes
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 2
  • Cooling: Central Air
  • Has Cooling: Yes
  • Has Fireplace: No
  • Heating: Natural Gas, Forced Air
  • Has Heating: Yes
  • Total Rooms: 5
Room Information
Room 1
  • Level: Main
  • Type: Bedroom
Room 2
  • Level: Main
  • Type: Bedroom
Room 3
  • Level: Main
  • Type: Bathroom
Room 4
  • Level: Main
  • Type: Living Room
Room 5
  • Level: Main
Room 6
  • Level: Main
  • Type: Kitchen

Property History for 330 West Garfield Avenue

DateEvent & SourcePriceAppreciation
Feb 9, 2026

Sold (Public Record)

Public Record #1930060318

$43,000

+32.0% / yr

Feb 9, 2026

Sold

Central Illinois Board of REALTORS #6256575

$43,000
Jan 30, 2026

Pending

Central Illinois Board of REALTORS #6256575

DateEvent & SourcePrice
02/09/2026

Sold (Public Record)

Public Record #1930060318

$43,000

+32.0% / yr

02/09/2026

Sold

Central Illinois Board of REALTORS #6256575

$43,000
01/30/2026

Pending

Central Illinois Board of REALTORS #6256575

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

Public Records for 330 West Garfield Avenue

Taxable ValueLand$474Additions$4,126Total$4,600
Tax Record2025$429 ($36 / month)
Home Facts
Beds0Total Finished SqFt676 SqFtAbove Grade Finished SqFt676 SqFtStories1Lot Size2,209 SqFtStyleSingle Family ResidenceYear Built1925ZoningMUNICIPALCountyMACONAPN04-12-03-456-021

Schools near 330 West Garfield Avenue

This home is within Decatur School District 61.
Rating
School
Type
Grades
Distance
Public - K to 6
Public - 7 to 8
Public - 9 to 12
Public - PK to 8
Rating
School
Distance
Parsons Accelerated School
PublicK to 6

Stephen Decatur Middle School
Public7 to 8

Macarthur High School
Public9 to 12

Garfield Montessori School
PublicPK 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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Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
4.51
Acres

Nearby home values

AddressSold priceBedsBathsSqftLot (Sqft)
This home: 330 West Garfield Avenue, Decatur, IL 62526
$43,000
2
676
2,178
1
676
2,162
$5,000
1
966
2,414
1
966
2,688
$46,000
1.5
720
7,200
$7,000
1
936
6,652

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 Brinkoetter REALTORS®

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.