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DECATUR, IL - Affordable investment Property | Great Opportunity !🏠

GovDealsReal Estate📍Chicago, IL

Current bid:

$9,980

Time Left

9d 13h

Ends Nov 15, 2026

Pre-bid checklist1/10

The property

From the seller's description. Not a guarantee of condition.

Market demand: Real Estate in Illinois sell about 32% of the time, typically ~2 bids. Based on 316 completed sales over the last year.

No issues flagged on this property (see details)

✓ Checked: partial ownership share, timeshare, mobile home, vacant land.

Before sale day

Sale date Nov 14, 2026 (in 10 days)

These checks read the county's listing, not the title records. A property with nothing flagged can still carry liens, so order a title search before you bid. Not legal advice.

Seller

TERRABIDGOLD LLC, IL

Private seller (not a government agency), listed on a platform we index for its fleet and equipment.

Condition: As-is

Full Description

🏡 INVESTMENT OPPORTUNITY – DECATUR, ILLINOIS! 🏡 📍 1019 N Folk St, Decatur, IL 62522 📌 Macon County | Decatur School District 61 💰 AFFORDABLE PROPERTY WITH RENTAL POTENTIAL! Looking for an affordable investment with income-generating potential? Don't miss this opportunity! 🏠 PROPERTY DETAILS - Single-family residential property - Approximately 0.17 acres of land - Spacious yard - Existing structure with renovation potential - Located in an established residential neighborhood - Parcel ID: 04-12-12-304-025 📈 RENTAL INCOME POTENTIAL 💵 Estimated rental range: $850–$950/month 💵 Potential annual rental income: $10,200–$11,400 Rental estimates are based on the local Decatur market and may vary depending on renovations, property condition, and final layout. 🌆 WHY DECATUR, IL? - Approximately 67,884 residents in the city - Established community with thousands of households - Local employment, shopping, schools, and essential services - Affordable housing market with opportunities for rental investment 🔥 A GREAT OPPORTUNITY FOR INVESTORS, LANDLORDS, AND REAL ESTATE ENTREPRENEURS! 📢 Take advantage of this opportunity to invest in Decatur, Illinois! ⚠️ Buyer to perform their own due diligence, inspections, and verification of property condition, zoning, utilities, and rental requirements.

Pickup information

Chicago, IL 60639-4526

TERRABIDGOLD LLC, IL

Pickup within 10 business days
Contact seller through GovDeals for pickup details. Most sellers require pickup within 10 business days of payment.

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Market data: see how government surplus prices are moving in the GovAuctions.app Surplus Price Index and how often each category sells in the GovAuctions.app Surplus Market Report.