1871 E Lawrence St, Decatur, IL 62521
Property image
Property image
FOR RENT
PET FRIENDLY

$895/mo

  • 2 Beds
  • 1 Bath
  • 929 sqft

1871 E Lawrence St, Decatur, IL 62521

Available now
Cost and fees breakdown
Price may not include required fees and charges.

Home Highlights

Single-Family Home
Dogs & Cats Allowed
$2,000 deposit

Local Information

  • Map ViewExplore the area around 1871 E Lawrence St.
  • Schools1 Elementary School1 Middle School2 High Schools
  • Shop & Eat
-- mins to
Commute Destination

About this House

Affordable owner-financed 2-bedroom home in Decatur, IL offering an outstanding opportunity for both first-time buyers and smart investors.
Featuring major upgrades like replacement windows and a newer central AC unit, this vacant, move-in-ready property combines a low down payment entry point with strong value-add potential.

Financing Details
 Down Payment: $2,000
 Monthly Payment: $895 (Property taxes included)
 Closing Cost: $200
 Insurance: Buyer must obtain independent coverage

Property Highlights
 Functional 2 Bed / 1 Bath single-story ranch layout (969 sq. ft.)
 Key upgrades completed: Replacement windows and newer central AC unit
 Full basement featuring 2 separate bonus roomsideal for flex space or converting to additional bedrooms
 Vacant property in clean, livable condition ready for immediate occupancy or rental
 Dedicated driveway for off-street parking
 Fast, flexible, and straightforward owner-financing buying process

Neighborhood & Location Perks
 Conveniently located in Decatur, IL with quick access to major roads and highways
 Blocks away from Lyons Park, local schools, grocery stores, and daily necessities
 Short drive to downtown Decatur and major industrial employment hubs like ADM, Caterpillar, and Tate & Lyle
 Established residential area with steady workforce housing demand
 Easy access to Lake Decatur and community recreation

Why Invest Here?
 Low barrier to entry with only $2,000 down
 Capital protection with primary mechanical and window liabilities already addressed
 Immediate equity-add opportunity by completing/activating the basement bonus rooms
 Predictable monthly outlay with property taxes already factored into the payment
 Stable Midwest market backed by solid industrial employers
 Great fit for a long-term cash-flow property or accessible starter home

Contact Today for More Info or to Schedule a Showing:
Credit Friendly Homes

Details for 1871 E Lawrence St

Days on Market

Days on Market: 10 days on Trulia

Property Information

Property Type / Style
Property Type: Single Family Home

Rental Terms, Policies & Fees

Lease Term: Contact For DetailsAvailable: nowCats, small dogs allowedDeposit: $2,000

Additional Information

Smoke Free
Report this Listing

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Costs and Fees

Required monthly rent & fees
  • Base rent
    $895/mo
  • Homeowners association fee
    $0/mo
Required one-time fees
  • Security deposit
    $2,000
  • Application fee
    Contact for details
  • Administrative fee
    Contact for details
Optional one-time fees
  • Cat deposit
    $0
  • Dog deposit
    $0
Pricing is subject to change. All calculations are estimates and provided for informational purposes only. Actual amounts may include additional mandatory or optional fees. Please consult the community manager for a complete breakdown of all rental costs.
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Rental Market Trends in Decatur

Last updated Sep 2026
Trulia Rent Estimate$850/mo
Average rent
$899
$4MoM
Available listings
158
View rental market trends in Decatur, IL

Around this home

What Locals Say about Decatur

At least 298 Trulia users voted on each feature.

  • 88 % Say car is needed

  • 86 % Say parking is easy

  • 85 % Say yards are well-kept

  • 82 % Say it's dog friendly

  • 68 % Say there's holiday spirit

  • 63 % Say kids play outside

  • 63 % Say there are sidewalks

  • 60 % Say it's quiet

  • 53 % Say neighbors are friendly

  • 53 % Say streets are well-lit

  • 51 % Say people would walk alone at night

  • 50 % Say there's wildlife

  • 44 % Say they plan to stay for at least 5 years

  • 36 % Say it's walkable to grocery stores

  • 33 % Say it's walkable to restaurants

  • 20 % Say there are community events

Sourced by Trulia users. Learn more about our methodology.
  • Dariusslaw89
    "Neighborhood watch is a big deal here and we got neighborhood apps that only the neighbors are on it’s real peaceful and barely any crime "
    2
    Flag
  • corey618
    "It’s a great area to raise your kids! So many kids and the parks are such a great place to go on walks and play tennis and other outdoor activities. "
    0
    Flag
  • Missichelle
    "Quiet little neighborhood close to food and entertainment. We are able to have animals. Great school district "
    0
    Flag
  • Trulia User
    "I dislike living in Decatur. The only good thing about it so far is that it is cheap to live here, but I do not feel safe when I'm out of the house. I constantly have to worry if my car will be stolen or vandalized while I'm not paying attention. I constantly hear gunshots at night, emergency vehicle sirens, noisy train horns, people getting into loud arguments and fistfights, it seems like it never stops. The air in Decatur reeks like cheap dog food if you're lucky, and like a wastewater treatment plant if you're not."
    20
    Flag
  • Scott-jill N.
    "Well maintained neighborhood featuring large homes with lots of kids.area is close to shopping, interstate access. Small town schools"
    18
    Flag
  • Sunshine F.
    "there's a nice park near by, as well as a zoo and the children's museum. however our neighbors are very conservative"
    2
    Flag
  • Sunshine F.
    "dogs on leashes are all around three neighborhood and they are always welcome! The animal lovers are always very friendly!"
    1
    Flag
  • Godlovesme272002
    "ive been here 6 yrs use to like it until i started working an getting out more then i started to see what other people was saying about Decatur Illinois its a small town but alot of hidden Prejudice an basis individuals. but staying to yourself is good."
    40
    Flag
  • Amanda S.
    "Nothing. This neighborhood has been nothing but fights, loud music, loud cars, and rude inconsiderate neighbors"
    23
    Flag
  • Karlee W.
    "No one picks up their dogs poop. Some let their dogs bark any time of the day all day. Some don’t use leashes. "
    8
    Flag
  • Kimberly T.
    "plenty of bus stops around, traffic going to work usually isn’t bad, just have to watch for trains that might hold you up."
    5
    Flag
  • Kimberly T.
    "Plenty of parks around. I would not have any kids outside without supervision too late in some areas."
    6
    Flag
  • Kimberly T.
    "I drive to work, sometimes I’m delayed by trains when I’m going up town. I don’t love passing over the train yard everyday though."
    1
    Flag
  • Stevemiller0822
    "Powers Lane neighborhood is special. Big trees and quiet lanes to walk your dog. Lots of green space to enjoy along with mostly older, well kept homes. Close to downtown and a wide diversity of neighbors."
    15
    Flag
  • Tlwidmer
    "Quiet, friendly, calming. People are considerate & helpful. The views of the golf course are beautiful!"
    0
    Flag
  • Christina G.
    "We live on a nice quiet street. The bad neighborhoods are about 8 or 9 blocks to the west. I love having the dog park so close. "
    0
    Flag
  • Jennifer M.
    "Great access to the outlook adventure park. Fun things for kids. Water park coming soon!!! Quiet neighborhood not a lot of traffic. Close to town, shops and short drives to anything else you need. "
    0
    Flag
  • Alyssa W.
    "Oakwood Street Festival is held four times a summer. It’s a block party with live music and local vendors put on by the businesses on the block. Its fun for everyone, even the kids love it. Later evening it turns into a very popular bar night because you can carry drinks from bar to bar. "
    5
    Flag
  • Jaimie J.
    "My neighborhood has great access to down town, many public transportation options, and the commute is only 5-10 minutes to get to any stores in town! "
    1
    Flag
  • Jaimie J.
    "Everything is within 3 miles of my home, commuting to a grocery store, gas station, clothing store, etc. is very easy and quick to get to. This neighbor is great to live in and people are extremely friendly."
    1
    Flag
  • Jaimie J.
    "Everyone one around us has dogs, so dogs are always welcome in our neighborhood. There is plenty of yard, and most houses in our neighborhood have fenced in yards, for them to run and explore."
    2
    Flag
  • Amberblkbrn90
    "I live right by Nelson park on the lake there are lot of fun things held up there. shake the lake and other things. also there is a mini golf course near by with batting cages and ropes course and soon to be water park. There is a frisbee golf course and dog park."
    2
    Flag
  • Stephanie G.
    "My neighborhood is a good blend of older adult and families. It is close to Walmart, Target, and Kroger. There are buss stops near also."
    1
    Flag
  • Egbert
    "Decatur is a low cost city to bring up a family. Most neighbors are quite safe. We have lived in the same neighborhood for 25+ years. "
    0
    Flag
  • Stephanie G.
    "my neighborhood has older houses that are well-kept and few kids not a whole lot of traffic is near a great School"
    0
    Flag
  • Bethmbrice
    "People are always walking there dogs and seem to be welcome at local restaurants. Local apartments seem to allow them and have dog areas"
    0
    Flag
  • Kwalker2372
    "Dogs are welcome. People walk their dogs all the time. If your dog gets loose, the neighbors help find them."
    0
    Flag
  • Dodieturner
    "I’ve lived in this home for 7 years and it’s beautiful. It is secluded, well maintained and quiet. The neighbors are respectful but friendly and helpful. "
    0
    Flag
  • Randalane95
    "what makes my neighborhood unique is that there is more than one school in walking distance and that there is more then one grocery store in walking distance and my neighbors are friendly "
    4
    Flag
  • Dodieturner
    "I’ve lived in this area for 7 years. It is secluded, quiet, no flooding, large tree canopy. Good neighbors. Winter sometimes streets are not salted. Limited views of lake. Car required. "
    0
    Flag
  • Jjaysull
    "Quite and easy going . Mixed age community dog friendly and has walking trails maintained by the city . Beautiful mature trees and Deer sightings through out the year . "
    0
    Flag

Local Legal Protections

LGBTQ • Source of Income

Price and Tax history

DateEventPrice
Sep 8, 2026
Source: Zillow Rentals
Listed For Rent
$895
Sep 4, 2026
Source: CIBR #6260095
Sold
$28,000
Aug 19, 2026
Source: CIBR #6260095
Pending
$39,900
Aug 3, 2026
Source: CIBR #6260095
Listed For Sale
$39,900

Frequently asked questions about 1871 E Lawrence St

  • What is 1871 E Lawrence St estimated to be worth?
    Trulia's estimated value for 1871 E Lawrence St in Decatur, IL is $28,000.
  • What is the price history for 1871 E Lawrence St?
    1871 E Lawrence St in Decatur, IL last sold for $28,000 in September 2026.
  • Is Decatur a buyer's or seller's market?
    Decatur is currently a balanced market, based on recent for-sale activity.
  • What's the median sale price in Decatur?
    The median sale price in Decatur is $125K. That is up $8.5K from the prior month.

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Affordability

TIP:Try to keep your rent within a third of your gross household income. Learn why in our Renter's Guide.
For this property
$32,220 PER YEAR
is the suggested income
Win over prospective landlords with your smart budgeting. As a good rule of thumb, ideally you would have at least three times your monthly rent in combined household income.

New Rentals Nearby

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1871 E Lawrence St, Decatur, IL is a 2 bedroom, 1 bathroom, 929 sqft single-family home. 1871 E Lawrence St was listed for rent for $895/month on Sep 8, 2026. This property is pet friendly.