Address
314 W Decatur Street, Decatur, IL
Price
$ 325,900
Property Attributes
- MLS#6256282
- TypeSingle Family
- Listing Status Active
- CountyMacon
- CityDecatur
- NeighborhoodSouthwestern Add
- Zip62522
- Style
- Year Built1875
- Taxes$ 4252
- Price$ 325,900
- Bedrooms6
- Full Bathrooms5
- Half Bathrooms0
- Sqr Footage4514
- Lot Size0.52 Acres
Data Source:
Central Illinois BOR
Property Description
Seize a rare investment opportunity with immediate cash flow (3 of the 4 units occupied - could be 5) and ownership of the historic Ullrich Mansion, once home to John Ullrich, one of Central Illinois' most distinguished figures of the late 1800s and early 1900s. This grand residence, built in 1875, offers over 4,500 square feet of beautifully finished living space. Initially designed in the Italianate style, it was later transformed into a masterpiece, complete with a stately tower and an inviting front porch. Since then, thoughtful renovations to turn this large home into a multi-family property have been completed, featuring a versatile layout: a full-family home on the first floor with three bedrooms, two baths, a living room, a family room, a kitchen, a dining room, and a rec room. The main level could be converted into two separate apartments. Three one-bedroom apartments are located on the second floor. This property is ideal for both personal living and rental income. The unfinished basement once had a full bathroom (plumbing and amenities still in place)and could be renovated into another apartment. Recent updates include modern electrical and plumbing systems, renovated kitchens and bathrooms, an intensively improved basement, and enhanced exterior grounds. The carriage house, now a four-car detached garage reserved for tenants, also offers ample upper-level storage. The property, nestled on a spacious half-acre lot, offers privacy with its partial fencing and a pavilion-inspired area perfect for lively barbecues and gatherings. With four of the five units currently occupied and a strong history of full occupancy, this is a proven income-generating gem. Schedule a tour today and make this remarkable property a standout in your portfolio!!!
| Price History | |
|---|---|
| 12/3/2025 | Listed $335,900 |
| 3/6/2026 | 3$325,900 |
General Features
| Possession | Negotiable |
|---|---|
| Zoning | RES |
| Property Subtype | Other |
| Tax Year | 2025 |
| County | Macon |
| Property Type | Residential |
| Special Listing Conditions | None |
| Status | Active |
| Directions | 51 S to W Decatur |
| City | Decatur |
| Listing Agent Name | Nicole Pinkston |
| ListAgentAOR | Central Illinois Board Of REALTORS |
| Standard Status | Active |
| Heating | Hot Water |
| Cooling | Window Unit(s) |
| Appliances | Dryer,Dishwasher,Disposal,Gas Water Heater,Oven,Range,Refrigerator,Washer |
| Year Built | 1875 |
| Stories Count | 2 |
| Year Built Source | Public Records |
| Roof | Other |
| Full Baths | 5 |
Interior Features
| LivingAreaSource | Appraiser |
|---|---|
| Total Baths | 5 |
| Above Grade Finished Area | 4514 |
| Basement | Unfinished,Walk-Up Access,Full |
| Total Bedrooms | 6 |
Exterior Features
| Building Area Total | 4514 |
|---|
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Single Family Average in 62522
Price
Taxes
Year Built
Midwest Real Estate Data (MRED) All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of the Multiple Listing Service. Real estate listings held by brokerage firms other than REMAX Choice may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. Copyright ©2026 All rights reserved.Based on information submitted to the MLS GRID as of September 24, 2026 1:42 PM UTC All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice.
Data is updated as of September 24, 2026 1:42 PM UTC
All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data relating
