Affordable Single-Family Fixer in East Decatur IL – Great Investment in a High-Demand Rental Corridor

Description

1135 E Locust St, Decatur, IL – Affordable Single-Family Fixer with Big Upside 2 Bedrooms | 1 Bathroom | Excellent Rental Market | Rehab Ready Now available in Decatur’s East End, this single-family home is a solid investment opportunity for anyone seeking to renovate and rent, flip, or add a long-term equity play to their portfolio. With 2 bedrooms, 1 bath, and a compact footprint, this home is an ideal low-cost rehab project in a rent-ready location. ✨ Property Highlights: 🛏 2 Bedrooms 🛁 1 Bathroom 📍 Located just blocks from grocery, public transit, and downtown access 🏡 Manageable yard with room for parking or outdoor space 🔧 Needs cosmetic and systems updates – perfect for rehabbers or contractors 🧱 Good layout for long-term rental with low ongoing maintenance 📈 Comparable Sales in Decatur, IL: 1097 E Marietta St – Sold for $79,500 (2 Bed / 1 Bath) 1656 N Calhoun St – Sold for $74,000 (2 Bed / 1 Bath) 1203 E Prairie Ave – Sold for $69,900 (2 Bed / 1 Bath) 🌆 Why Decatur? Decatur offers one of central Illinois’ strongest rental markets, with steady demand fueled by major employers, including Archer Daniels Midland (ADM), Caterpillar, and Decatur Memorial Hospital. The city also boasts: Expanding development downtown and lakefront Low property prices and stable appreciation Colleges, recreational areas, and access to interstates Strong Section 8 demand and investor-friendly policies Whether you’re growing your portfolio or looking for your next affordable flip, 1135 E Locust St offers the fundamentals: price, potential, and a location ready to deliver returns.