950 S Franklin St

Decatur, IL 62521

$1,000,000
Last Sold Price
2
Beds
900 Sq. Ft.
$1,111 / Sq. Ft.
900
Sq. Ft.
$1,111
per Sq. Ft.
Get preapproved with Rocket Mortgage1
Closed 7/10/23
Closed 7/10/23

Description

A package deal of 33 rental properties! The perfect opportunity for an investor. 33 units on 32 parcels, 1 house is a duplex. Various locations throughout Macon County. Current owner has spent the time and money remodeling majority of the properties which includes new Roofs, HVAC, Plumbing, Cosmetic updates and much more. 31 out of 33 properties are leased. Current rent roll is over $20,000. This will be sold as a package deal only. Cap Rate estimated at 10%. Call today for more information!A package deal of 33 rental properties! The perfect opportunity for an investor. 33 units on 32 parcels, 1 house is a duplex. Various locations throughout Macon County. Current owner has spent the time and money remodeling majority of the properties which includes new Roofs, HVAC, Plumbing, Cosmetic updates and much more. 31 out of 33 properties are leased. Current rent roll is over $20,000. This will be sold as a package deal only. Cap Rate estimated at 10%. Call today for more information!
  1. Listed by Tony Piraino • Brinkoetter, Realtors
    P: (217)-972-2867 C: (217)-972-2867 tony@brinkoetter.com

Property Details for 950 South Franklin Street

Architectural Style
Other
Has Waterfront
No
Zoning
RES
LISTING CLOSED: 07/10/2023 12:00 AM

Property Details for 950 South Franklin Street

StatusClosed
MLS #6225681
Days on Market78
Taxes$15,484 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeSingle Family
MLS TypeResidential
Year Built1924
Lot Size0.12 AC / 5,227 SF
CountyMacon County
Get preapproved with Rocket Mortgage1

Location

Listing Courtesy of Brinkoetter, Realtors

Sold By Brinkoetter, Realtors

Add your commute

Building Information for 950 South Franklin Street

Stories1Year Built1924Building Size-Lot Size0.12 AC / 5,227 SF

Payment Calculator

Get preapproved with
OriginPoint Mortgage or Rocket Mortgage1

$6,373 per month

30 year fixed, 6.55% Interest

Principal and Interest

$5,083

Property Taxes

$1,290

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Know your buying power with a preapproval and custom rate in minutes

Rocket Mortgage1

Property Information for 950 South Franklin Street

Summary
Location and General Information
  • Latitude: 39.831325
  • Longitude: -88.952528
Taxes and HOA
  • Parcel Number: 04-12-23-103-007
  • Tax Annual Amount: $15,484.00
  • Tax Year: 2021
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
Property
Lot Information
  • Lot Size Acres: 0.12
  • Lot Size Area: 0.12
  • Lot Size Units: Acres
  • Lot Size Square Feet: 5400.0
  • Road Surface Type: Gravel
Property and Assessments
  • Above Grade Finished Area: 900.0
  • Below Grade Finished Area: 0.0
  • Below Grade Unfinished Area: 900.0
  • Building Area Total: 900.0
  • Living Area: 900.0
  • Living Area Source: Public Records
  • Property Type: Residential
  • Year Built: 1924
  • Year Built Source: Public Records
Building Features
  • Construction Materials: Other
  • Foundation Details: Other
  • Levels: One
  • Roof: Shingle
  • Stories: 1
  • Total Stories: 1
Farm Information
  • Other Equipment: Water Heater-Gas
Utilities
  • Sewer: Public Sewer
  • Water Source: Public
Interior and Exterior Features
Interior Features
  • Appliances: Gas Water Heater, Other
  • Basement: Unfinished
  • Has Basement: Yes
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 2
  • Cooling: Central Air
  • Has Cooling: Yes
  • Has Fireplace: No
  • Heating: Natural Gas
  • Has Heating: Yes
  • Laundry Features: Main Level
  • Total Rooms: 4

Property History for 950 South Franklin Street

DateEvent & SourcePriceAppreciation
Jul 10, 2023

Sold

MRED #11702036

$1,000,000—
Jun 23, 2023

Sold

MRED #11702038

$1,000,000—
Jun 23, 2023

Sold

Central Illinois Board of REALTORS #6225684

$1,000,000—
DateEvent & SourcePrice
07/10/2023

Sold

MRED #11702036

$1,000,000
06/23/2023

Sold

MRED #11702038

$1,000,000
06/23/2023

Sold

Central Illinois Board of REALTORS #6225684

$1,000,000

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

Public Records for 950 South Franklin Street

Taxable ValueLand$571Additions$5,163Total$5,734
Tax Record2025$535 ($45 / month)
Home Facts
Beds0Total Finished SqFt768 SqFtAbove Grade Finished SqFt768 SqFtStories1Lot Size5,400 SqFtStyleSingle Family ResidenceYear Built1924ZoningMUNICIPALCountyMACONAPN04-12-23-103-007

Schools near 950 South Franklin Street

This home is within Decatur School District 61.
Rating
School
Type
Grades
Distance
South Shores Elementary School
Public - K to 6
Stephen Decatur Middle School
Public - 7 to 8
Eisenhower High School
Public - 9 to 12
Robertson Charter School
Charter - PK to 8
Rating
School
Distance
South Shores Elementary School
PublicK to 6

Stephen Decatur Middle School
Public7 to 8

Eisenhower High School
Public9 to 12

Robertson Charter School
CharterPK 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.

Similar Homes

Nearby home values

AddressSold priceBedsBathsSqftLot AC
934 South Franklin Street, Decatur, IL 62521
–
–
–
–
0.23
960 South Franklin Street, Decatur, IL 62521
–
–
–
–
0.12
962 South Franklin Street, Decatur, IL 62521
–
–
1
976
0.14
320 East Cleveland Avenue, Decatur, IL 62521
–
–
–
–
0.14
916 South Franklin Street, Decatur, IL 62521
$2,500
–
2
1,220
0.10

Explore Nearby Homes

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.