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Updated 37 minutes ago

1861 N Morgan St


Decatur, IL

2 Bed
•
1 Bath

840 Sq. Ft.

Available Now
Floor plans
2 Beds • 1 Bath
$1,500
840 ft2
1 Available
Managed By: avail
Updated 2 Bedroom Decatur Home — New Roof & Water Heater for $975/Month
$1,500
Available Now
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1861 N Morgan St
1861 N Morgan St
1861 N Morgan St
Fees & leasing info
Pets
Dogs Ok
Cats Ok
Property details
Description

A 2-bedroom, 1-bath home in Decatur offering 840 sq ft, with a new roof, new water heater, and efficient baseboard heating.
Full Property Description
Welcome to 1861 N Morgan in Decatur, IL! This 2-bedroom, 1-bathroom home offers 840 sq ft of comfortable living space with several recent updates, including a new roof, new water heater, and efficient baseboard heating. The property provides a great opportunity for buyers looking for an affordable path to homeownership through Contract for Deed.
Located in Decatur, this home offers convenient access to local shopping, dining, schools, parks, and everyday necessities. With its updated features, manageable size, and affordable monthly terms, this property is a great option for those looking to move away from renting and start building equity in a home of their own.
What This Home Offers
-2 Bedrooms
-1 Bathroom
-840 Sq Ft
-New Roof
-New Water Heater
-Baseboard Heating
-Updated Systems
-Affordable Homeownership Opportunity
Financing Details
-Price: $96,000
-Down Payment: $3,000
-Monthly Payment: $975
No credit check. No bank qualifying. Contact us today to schedule your showing.

Additional Details
Total Unit Count: 1
Last Updated: Updated 37 minutes ago
Contact Number: (217) 217-2497
Internet Providers
Provider Max Download Speed (Mbps) Max Upload Speed (Mbps)
Comcast Corporation 987.0 35.0
A.C.T.S LLC 200.0 20.0
ViaSat, Inc. 100.0 3.0
AT&T Inc. 50.0 10.0
JAB Wireless, Inc. 25.0 5.0
Data from June 2020 provided by the FCC
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Affordability
To comfortably afford an apartment, we recommend having at least three times your monthy rent in gross household income.
View suggested annual incomes for 1861 N Morgan St by bedroom type below.
2 Bedroom
Suggested income:
$54,000
per year
Rent report

1861 N Morgan St Rent vs. Decatur Average

 1861 N Morgan St      Decatur Average
2BR
$1,500
$905
$0
$500
$1,000
$1,500
$2,000

1861 N Morgan St is asking 66% more than the average 2 bedroom apartment in Decatur.

If you upsized to an average priced Decatur 3 bedroom apartment, you would pay 22% more per month.

If you downsized to an average priced Decatur 1 bedroom apartment, you would pay 18% less per month.

1861 N Morgan St provides 3% less square footage than the average Decatur 2 bedroom apartment.

Monthly Rent Rent per Sq. Ft. Suggested
Monthly Income
1861 N Morgan St
2BR $1,500 $1.80 $4,500
Decatur Average
Studio $950 $1.60 $2,850
1BR $766 $1.20 $2,299
2BR $905 $1.00 $2,714
3BR $1,160 $1.10 $3,479
4BR $1,350 $0.90 $4,050

Availability in Decatur

In order to find the best deal, you need to know what types of units are available. Property managers may be willing to give concessions if they have many vacant units.

There are currently 22 2BR units on the market in Decatur. If you're looking to negotiate, this may be your best option.

Studio
1BR
2BR
3BR
4BR
4% 32% 47% 15% 2%
Available Units in Decatur
Studio 2
1BR 15
2BR 22
3BR 7
4BR 1
Location
Nearby College

Millikin University

FAQs
Is this property currently leasing units?
Yes, there is 1 unit available at this property.
How many units are move-in ready in the next 2 months?
This property has 1 unit available for move-in now.
What's the square footage of the available units?
It's 840 square feet.
Does this property allow cats or dogs?
This property allows tenants to keep cats and dogs.
How many bedrooms are in the available units?
There are 2 bedroom units available.
How many bathrooms are in the available units?
There are 1 bathroom units available.
What's the monthly rent at this property?
1861 N Morgan St has a 2 bedroom unit starting at $1,500.
Where is this property located?
This property is at 1861 N Morgan St in Decatur, IL. It's 1.5 miles north from the center of Decatur.
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