550 E Division St, Decatur, IL 62526
Property image
Property image
SOLD
APR 14, 2026

550 E Division St
Decatur, IL 62526

  • 2 Beds
  • 1 Bath
  • 854 sqft

$26,000

Last Sold: Apr 14, 2026
$30/sqft
Est. Refi. Payment $253/mo*
Refinance Your Home

$26,000

Last Sold: Apr 14, 2026
$30/sqft
Est. Refi. Payment $253/mo*
Refinance Your Home
2 Beds
1 Bath
854 sqft

Local Information

  • Map ViewExplore the area around 550 E Division St.
  • Schools1 Elementary School1 Middle School2 High Schools
  • Shop & Eat
-- mins to
Commute Destination

Description

Excellent investment opportunity in Decatur! This 2-bedroom, 1-bath home had most of the major updates completed and is ready for finishing touches. Perfect for an investor looking to add a solid property to their portfolio or create a steady Section 8 rental.

The home features new drywall, a brand-new bathtub and vanity, fresh paint, and beautiful original wood floors. With a little more work, this property could easily be rent-ready or flipped for a great return.

Enjoy a spacious yard, solid layout, and convenient location near local amenities and public transportation.

Highlights:
- 2 Bedrooms/1 Bathroom
- Brand-new tub and vanity
- Drywall and paint work completed
- Gorgeous wood floors
- Great yard and layout
- Ideal for Section 8 or long-term rental income
- Strong rental demand area

Seller financing available!

This one won’t last long - finish it out and start cash flowing!
550 E Division St, Decatur, IL 62526 is a 2 bedroom, 1 bathroom, 854 sqft single-family home built in 1915. It last sold for $26,000 on Apr 14, 2026. It is currently off market. The Trulia Estimate rent is $881/month.

Home Highlights

Parking
No Info
Outdoor
No Info
HOA
None
Price/Sqft
$30/sqft
Listed
Less than a day ago

Home Details for 550 E Division St

Interior Features

Interior Details
Basement
Levels, Entrance, & Accessibility
Stories: 1Floors: Hardwood

Property Information

Year Built
Year Built: 1915
Property Type / Style
Property Type: Single Family Home

Exterior Features

Exterior Home Features
Exterior: Wood

Price & Status

Price
Price Per Sqft: $30/sqft

Lot Information

Lot Area: 4000 sqft

Price History for 550 E Division St

DatePriceEventSource
04/14/2026$26,000Sold
N/A
11/07/2025$34,999Listed For SaleN/A

Market trends in Decatur

Last updated June 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$85.5K
$6.33KMoM
Sale-to-List Price
98.3%
1.2%MoM
Price per sq ft
$72
$1MoM
Available listings
263
13MoM
Skip to last item
  • Results are loading
Skip to first item

Property Tax and Assessment

Year2024
Tax$189
Assessment$1,950
Home facts updated by county records

Comparable Sales for 550 E Division St

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
1715 N Whitchel Ave, Decatur, IL
0.19
Single-Family Home
$30,000
09/26/25
2
1
1,335
522 E Garfield Ave, Decatur, IL
0.26
Single-Family Home
$20,000
03/05/26
2
1
1,048
940 E Harrison Ave, Decatur, IL
0.49
Single-Family Home
$18,900
04/02/26
2
1
816
1304 E Division St, Decatur, IL
0.60
Single-Family Home
$23,000
12/01/25
2
1
720
1045 E Condit St, Decatur, IL
0.57
Single-Family Home
$30,000
10/30/25
2
1
744
17 West Dr, Decatur, IL
0.42
Single-Family Home
$40,000
02/18/26
2
1
1,008
1204 N Church St, Decatur, IL
0.51
Single-Family Home
$30,000
10/07/25
2
1
765
241 W Garfield Ave, Decatur, IL
0.49
Single-Family Home
$25,000
09/16/25
3
1
1,092
927 E Harrison Ave, Decatur, IL
0.45
Single-Family Home
$11,000
10/03/25
2
1
720

Nearby homes

Get a sense of prices in the area by checking nearby homes.
Skip to last item
Skip to first item

Assigned Schools

These are the assigned schools for 550 E Division St.
View nearby schools on GreatSchools
The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

What Locals Say about Decatur

At least 296 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

  • 59 % 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

  • 32 % 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 "
    1
    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."
    39
    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

LGBTQ Local Legal Protections

Apartments for Rent

Skip to last item
Skip to first item

Explore by feature - Pet Friendly

76 pet-friendly rentals in Decatur, IL

Explore by feature - Garage

22 rentals with a garage in Decatur, IL

Explore by feature - Air Conditioning

49 rentals with air conditioning in Decatur, IL

Explore by feature - Washer/dryer

19 rentals with a washer/dryer in Decatur, IL

Explore by feature - Outdoor Space

13 rentals with an outdoor space in Decatur, IL

Homes for sale near 550 E Division St

Skip to last item
Skip to first item

Off Market Homes Near 550 E Division St

Skip to last item
Skip to first item