Under $75K Thursday – c.1900 Illinois Duplex For Sale Reduced to Under $65K
OHU50K Notes $70,000. Reduced to $64,900
This Illinois duplex was originally a single family home with a slate roof. In 1954, it was described as having oak woodwork in the dining room and a wide front porch. The slate roof, garage and ceramic kitchen tile are gone, but the home still has unpainted woodwork, hardwood floors, gorgeous stained glass and beautiful exterior.
Investment Opportunity Near Millikin University! Explore the potential of this livable duplex located in a central area near Millikin University. With two units ready for occupancy but offering room for improvement, this property presents a unique opportunity for investment income or conversion into a single-family home. Take advantage of the property’s convenient location, proximity to downtown Decatur, and the potential for rental income from multiple units. Don’t miss the chance to transform this duplex into a profitable investment or your dream single-family residence – schedule a viewing today to unlock its full potential.
- 2bath
- Circa 1900
1005 W Main St, Decatur, IL 62522 $70,000 Reduced to $64,900
If interested in a property, please 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.
Family History
Morrow
From 1920 to 1954, this was the home of Chester Arthur Morrow (1881-1970) and his wife, Margaret Delashmutt Morrow (1874-1946). The couple never had children but lived in the home with Margaret’s mother. Chester was the owner of an art store. The home was valued at $15,000 in 1930, quite a tidy sum back then.
After the death of Margaret in January of 1946, Chester, who preferred to be called by his middle name of Arthur, married Grace Petsinger six months later. The couple continued to live in the home until 1954, when they sold it to Stephen W. Pozgay. Mr. Morrow died in Oklahoma in 1970 in an automobile accident a year after his second wife passed away.
Sun, Mar 09, 1919 ·Page 26
Pozgay
Sun, Aug 08, 1954 ·Page 46
Sun, Aug 08, 1954 ·Page 46
Mon, Jun 02, 1947 ·Page 6
Location of This Illinois Duplex For Sale
The Millikin Heights neighborhood of Decatur, Illinois, has its own unique characteristics, offering both pros and cons for those considering living there. Below are some of the key factors:
Pros of Living in Millikin Heights:
- Historic Charm:
- Millikin Heights is known for its historic homes, many of which are architecturally significant. The neighborhood’s older, well-preserved houses provide a sense of charm and connection to Decatur’s history.
- Close Proximity to Millikin University:
- The neighborhood is near Millikin University, making it an attractive location for students, faculty, and university staff. The university also brings cultural and educational opportunities to the area, such as concerts, lectures, and events.
- Community Engagement:
- Millikin Heights has an active neighborhood association that promotes community activities and works to preserve the area’s character. Residents can enjoy a strong sense of community involvement.
- Centrally Located:
- Millikin Heights is close to downtown Decatur, giving residents easy access to local businesses, restaurants, shops, and entertainment venues. It’s also convenient for commuters working in the city.
- Affordable Housing:
- Despite the historic nature of the homes, housing prices in the area are relatively affordable compared to other historic neighborhoods in larger cities. This can be appealing to first-time homebuyers or those looking for a budget-friendly option with character.
- Quiet, Tree-Lined Streets:
- The neighborhood features mature trees and quiet residential streets, making it a peaceful place to live with a suburban feel, despite being close to the heart of Decatur.
Cons of Living in Millikin Heights:
- Aging Infrastructure:
- While historic homes have their charm, they often require more maintenance and upkeep. Older properties may have issues like outdated plumbing, electrical systems, or structural problems that need addressing.
- Crime Concerns:
- Like many older neighborhoods in urban areas, parts of Millikin Heights may experience crime, particularly property crimes. While it’s not an especially high-crime area, this is a consideration for some residents.
- Limited Modern Amenities:
- Although it’s close to downtown, Millikin Heights itself doesn’t have many modern commercial amenities or shopping centers. Residents may need to travel for major conveniences like large grocery stores or modern entertainment venues.
- Economic Challenges in Decatur:
- Decatur as a whole has faced economic challenges in recent years, including job losses and a shrinking population. While Millikin Heights benefits from the presence of the university, the overall economic landscape may impact job opportunities and city services.
- Higher Property Taxes:
- In some areas of Decatur, property taxes can be relatively high, which may be a drawback for potential homeowners. Although Millikin Heights homes are affordable, the tax burden should still be considered.
- Limited Nightlife and Dining Options:
- While downtown Decatur is nearby, it doesn’t offer the same variety of nightlife and dining as larger urban areas. Residents seeking a more vibrant cultural scene may find the options somewhat limited.
- Parking Constraints:
- In a neighborhood with older homes, parking can sometimes be an issue, especially for residents with multiple vehicles or guests. Narrow streets and lack of modern driveways can cause inconvenience.
Overall, Millikin Heights offers a lot in terms of charm, community, and affordability, but prospective residents should be prepared for the potential challenges of maintaining a historic home and living in a city that is working through broader economic difficulties.
