3940 Graces Ln

Decatur, IL 62521

$499,000
Price
352,836 / 8.1
Lot Size / Acres
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Description

Nothing else like this! Unique 8.1 acres of lake front property on Basin 6. Originally a church camp. Majority of dead trees and undergrowth removed. Approximately 666.5 feet of lake frontage. Possible to subdivide into 4, 2 acre lake tracts each. Very private, dead end street location. Irregular shaped lot.Nothing else like this! Unique 8.1 acres of lake front property on Basin 6. Originally a church camp. Majority of dead trees and undergrowth removed. Approximately 666.5 feet of lake frontage. Possible to subdivide into 4, 2 acre lake tracts each. Very private, dead end street location. Irregular shaped lot.
  1. Listed by Robert Sparks • Brinkoetter REALTORS®
    P: (217)-201-0235 C: (217)-201-0235 bsparky1956@gmail.com

Property Details for 3940 Graces Lane

Waterfront Features
Lake Privileges
Has Waterfront
Yes
Zoning
RES
LISTING UPDATED: 06/08/2026 11:52 AM

Property Details for 3940 Graces Lane

StatusActive
MLS #6256460
Days on Market181
Taxes$1,992 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeLand
MLS TypeLand
Year Built-
Lot Size8.10 AC
CountyMacon County
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Location

Listing Courtesy of Brinkoetter REALTORS®
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Building Information for 3940 Graces Lane

Lot Size8.10 AC

Payment Calculator

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$2,653 per month

30 year fixed, 6.36% Interest

Principal and Interest

$2,487

Property Taxes

$166

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 3940 Graces Lane

Summary
Location and General Information
  • Directions: Garver Church Rd to Graces Lanes, South to property
  • Latitude: 39.89653
  • Longitude: -88.86984
  • Water Body Name: DECATUR
Taxes and HOA
  • Parcel Number: 18-08-28-451-001
  • Tax Annual Amount: $1,992.00
  • Tax Year: 2024
School Information
  • Elementary School: Argenta-Oreana
  • Elementary School District: Argenta Oreana Dist 1
  • High School District: Argenta Oreana Dist 1
  • Middle Or Junior School: Argenta-Oreana
  • Middle Or Junior School District: Argenta Oreana Dist 1
Property
Lot Information
  • Frontage Type: Waterfront
  • Lot Features: Wooded, Waterfront
  • Lot Size Acres: 8.1
  • Lot Size Area: 8.1
  • Lot Size Units: Acres
  • Lot Size Square Feet: 352836.0
  • Road Surface Type: Asphalt
  • Wooded Area: 8.1
Property and Assessments
  • Living Area Source: Owner
  • Property Type: Land
Utilities
  • Utilities: Natural Gas Available, Electricity Available, Electricity Connected, Natural Gas Connected, Sewer Not Available, Water Not Available

Property History for 3940 Graces Lane

DateEvent & SourcePriceAppreciation
Dec 9, 2025

Listed (Active)

Central Illinois Board of REALTORS #6256460

$499,000—
DateEvent & SourcePrice
12/09/2025

Listed (Active)

Central Illinois Board of REALTORS #6256460

$499,000

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

Public Records for 3940 Graces Lane

Taxable ValueLand$31,320Additions-Total$31,320
Tax Record2025$2,125 ($177 / month)
Home Facts
Beds0Lot Size405,108 SqFtStyleResidentialZoningR-4CountyMACONAPN18-08-28-451-001

Schools near 3940 Graces Lane

This home is within Argenta-Oreana Community Unit School District 1.
Rating
School
Type
Grades
Distance
Argenta-Oreana Elementary School
Public - PK to 5
Argenta-Oreana Middle School
Public - 6 to 8
Argenta-Oreana High School
Public - 9 to 12
Rating
School
Distance
Argenta-Oreana Elementary School
PublicPK to 5

Argenta-Oreana Middle School
Public6 to 8

Argenta-Oreana High School
Public9 to 12

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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More information about 3940 Graces Lane, Decatur, IL 62521

3940 Graces Lane is a 8.1 ac of land for sale in Decatur, IL 62521. This property was listed for sale on December 9, 2025 by Brinkoetter REALTORS®, it's currently listed at $499,000. This listing's school district is Argenta-Oreana Community Unit School District 1. Nearby schools include Argenta-Oreana Elementary School, Argenta-Oreana Middle School and Argenta-Oreana High School. 3940 Graces Lane is a 0-bed, 0-bath, 8.1 ac of land on a 352,836 sq. ft. / 8.1 acres lot.

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. Subject to change at any time. Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties make no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

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.