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Affordable Single-Family Fixer in East Decatur IL - Great Investment in a High-Demand Rental Corrido
Listing ID#: 849182
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Decatur, IL 62521 |
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Bidding Starts: Friday Feb 27, 9:00 AM Bidding Ends: Thursday Mar 19, 5:00 PM |
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 Online Auction
VIEW ONLINE CATALOG |
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GovDeals, Inc. Contact: Angela Jones Phone: 3343017823 Website: www.govdeals.com EstateSale.com ID#: 14286 View company information and listings |
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Affordable Single-Family Fixer in East Decatur IL – Great Investment in a High-Demand Rental Corridor
This property is being offered for public online auction on GovDeals. Property auction is currently open for bidding and closes 3/19/2026; view here - https://govdeals.bid/3N4j9T0
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
🌆 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.
Please see auction page for additional information and to place your bids on this property!
This residential real estate auction is being held online on GovDeals. Auction #25752-177, ending 3/19/2026. To see full details, additional photos and current bid, please use this link - https://govdeals.bid/3N4j9T0
***GovDeals.com - Bid on Government Auctions to buy Government Surplus.***
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