c.1927 Illinois Time Capsule Under $100K
OHU50K Notesย ย ย $99,900
c.1927 Illinois Time Capsule. This home is incredible. The architecture and history in this home can be felt. The warmth and wood in this home pops in every room.

Realtor Comments
Charming 3 bed, 1.5 bath home full of character with beautiful curb appeal! Features include a brand new roof, new kitchen plumbing, and both bathrooms are remodeled. Fresh interior paint throughout gives the home a bright, updated feel. All appliances stay, making this move-in ready homeย an incredible opportunity!ย
- 3 bed
- 1.5 bath
- 1,680 sqft
- 7,405 sqft lot
- Build date 1927
If interested in a property, pleases contact the realtor whose link is provided in the post below, or contact an agent of your own choosing. Independent verification of details and status is recommended.ย
966 E Cantrell St, Decatur, IL 62521ย ย $99,900
- Contact Realtor: Lori Eaton
- Google Map
- Niche
Family History
Raymond C. Sherer (1895-1976), secretary for a soybeans company, had this house built for his family in 1927, the same year he married his wife, Dorothy Hagen (1898-1988), an artist. The couple lived in the home with their son Eugene and daughter Mary. The Sherer family owned the home for 60 years!


Tue, Jan 13, 1976 ยทPage 20
Pros of Decatur, IL
ย Extremely affordable cost of living
- Ranked one of the most affordable places to live in the U.S.
- Median home value under ~$100K and low rents
- Overall cost of living ~20% below national average
ย You can live comfortably on a modest income or buy a home cheaply.
ย Stable industrial job base
- Economy centered on agriculture processing, manufacturing, and healthcare
- Major employers include ADM, Caterpillar, and local hospitals
Good for blue-collar, skilled trades, and some healthcare jobs.
Parks, lake, and outdoor amenities
- Home to Lake Decatur with boating and fishing
- Extensive park system, zoo, trails, and nature centers
ย Strong outdoor options for a city its size.
ย Local colleges & community resources
- Millikin University and Richland Community College
- Adds some culture, events, and education opportunities
Easy commuting & central location
- Minimal traffic and short commute times
- Within driving distance of Springfield, Champaign, and other Illinois cities
Diverse, mid-sized community
- Around ~70,000 people with a mix of demographics
- Bigger than a small town but not overwhelming
ย Cons of Decatur, IL
Higher-than-average crime
- Crime higher than national average, including property and violent crime
- Safer and less safe neighborhoods vary significantly
ย This is one of the biggest concerns for residents.
ย Economic decline & population loss
- Population has been shrinking for years
- Labor force dropped ~20% since 2010
Signals limited growth and fewer opportunities long-term.
Weak job market (depending on field)
- Job market rating is relatively low (~4/10)
- Fewer opportunities in tech, corporate, or high-paying careers
Blight & aging housing
- Thousands of vacant or deteriorating homes
- Some neighborhoods visibly struggling
ย Contributes to a โrust beltโ feel.
ย Higher poverty rate
- Around 20% poverty rate, above national average
Impacts schools, neighborhoods, and overall quality of life.
Industrial smell (very commonly mentioned)
- Due to large agricultural processing plants
- Frequently cited by residents as noticeable
From community discussions:
โIt does smellโฆ depending on what theyโre processingโ
ย Not constant everywhere, but a real issue in parts of town.
Limited entertainment & nightlife
- Fewer things to do compared to larger cities
- Many residents travel to nearby cities for more options
ย Bottom line
Decatur, IL is best for:
- People who want very low cost of living
- Workers in manufacturing, agriculture, or healthcare
- Those okay with a slower-paced, mid-sized Midwest city
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