Real Estate Investment Properties for Sale in Decatur, IL

Looking for investment property in Decatur, IL with high ROI ?

Explore a variety of short-term homes & houses in Decatur, IL. Invest wisely with VRBO & Decatur, IL Airbnb properties available for purchase. Find your ideal investment property among our curated listings for a rewarding real estate venture.

Investment Property for Sale in Decatur, IL

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
2919 Wasson Way Decatur, IL Welcome to 2919 Wasson Way in Decatur! This well-maintained 3-bedroom, 2-bath raised ranch...	3 beds \| 2 baths \| 1,288 sq.ft.	$120,000	Airbnb cash on cash: 2.42% Traditional cash on cash: 9.17% Airbnb Rental Income: $1211 Traditional Rental Income: $1602 Airbnb ROI: 2.42% Traditional ROI: 9.17%
4197 East Lake Shore Drive Decatur, IL	3 beds \| 2 baths \| N/A	$292,900	Airbnb cash on cash: -0.1% Traditional cash on cash: 4.67% Airbnb Rental Income: $1211 Traditional Rental Income: $2137 Airbnb ROI: -0.1% Traditional ROI: 4.67%
36 Allen Bend Drive Decatur, IL Welcome to a truly exceptional retreat in Decatur, Illinois - where luxury, comfort, and y...	4 beds \| 3 baths \| 3,232 sq.ft.	$374,900	Airbnb cash on cash: 1.98% Traditional cash on cash: 3.69% Airbnb Rental Income: $2861 Traditional Rental Income: $2795 Airbnb ROI: 1.98% Traditional ROI: 3.69%
1740-1760 S Fairview Avenue Decatur, IL Prime Investment Opportunity - 65-Unit Multifamily Property Near Millikin University Welco...	65 beds \| 65 baths \| N/A	$2,250,000	Airbnb cash on cash: -2.33% Traditional cash on cash: -1.78% Airbnb Rental Income: $1009 Traditional Rental Income: $1788 Airbnb ROI: -2.33% Traditional ROI: -1.78%
2151 S Imboden Place Decatur, IL Back on the market at no fault of the seller! Wonderful opportunity in a quiet Decatur cul...	2 beds \| 2 baths \| 1,336 sq.ft.	$165,000	Airbnb cash on cash: -3% Traditional cash on cash: 4.37% Airbnb Rental Income: $570 Traditional Rental Income: $1445 Airbnb ROI: -3% Traditional ROI: 4.37%
417 S Westlawn Avenue Decatur, IL PLEASE SEE BROKER REMARKSHome is part of 6 properties that can be purchased together. ...	4 beds \| 4 baths \| 3,375 sq.ft.	$299,900	Airbnb cash on cash: 4.06% Traditional cash on cash: 5.14% Airbnb Rental Income: $2861 Traditional Rental Income: $2500 Airbnb ROI: 4.06% Traditional ROI: 5.14%
5210 Hammer Place Decatur, IL A rare opportunity to enjoy space, comfort, and location all in one! Located just minutes ...	2 beds \| 4 baths \| 2,452 sq.ft.	$545,000	Airbnb cash on cash: -1.97% Traditional cash on cash: 1.7% Airbnb Rental Income: $570 Traditional Rental Income: $2155 Airbnb ROI: -1.97% Traditional ROI: 1.7%
9 Glenview Drive Decatur, IL Move fast-this lovingly maintained South Shores 1500+sf ranch on a prime corner lot won't ...	3 beds \| 2 baths \| 922 sq.ft.	$135,000	Airbnb cash on cash: 2.74% Traditional cash on cash: 6.81% Airbnb Rental Income: $1211 Traditional Rental Income: $1348 Airbnb ROI: 2.74% Traditional ROI: 6.81%
646 N Cove Court Decatur, IL Welcome to this charming ranch-style home nestled in a desirable location near Lake Decatu...	3 beds \| 2 baths \| 1,176 sq.ft.	$130,000	Airbnb cash on cash: 2.39% Traditional cash on cash: 7.34% Airbnb Rental Income: $1211 Traditional Rental Income: $1440 Airbnb ROI: 2.39% Traditional ROI: 7.34%
690 N Cove Court Decatur, IL Move-in ready lake house in sought-after Kings Kove on Lake Decatur! This 4 bed, 3 bath ho...	1 beds \| 3 baths \| 2,263 sq.ft.	$409,900	Airbnb cash on cash: -3.8% Traditional cash on cash: 2.37% Airbnb Rental Income: $537 Traditional Rental Income: $2627 Airbnb ROI: -3.8% Traditional ROI: 2.37%
4931 E Glenwood Drive Decatur, IL This beautifully remodeled home offers the perfect blend of comfort, space, and convenienc...	3 beds \| 2 baths \| 1,447 sq.ft.	$149,900	Airbnb cash on cash: 2.82% Traditional cash on cash: 10.62% Airbnb Rental Income: $1211 Traditional Rental Income: $1939 Airbnb ROI: 2.82% Traditional ROI: 10.62%
4166 N Christmas Tree Road Decatur, IL Charming home located on a peaceful street in Decatur, IL. This property features a spacio...	4 beds \| 3 baths \| 2,953 sq.ft.	$449,000	Airbnb cash on cash: 2.53% Traditional cash on cash: 4.24% Airbnb Rental Income: $2861 Traditional Rental Income: $2915 Airbnb ROI: 2.53% Traditional ROI: 4.24%
3275 Tohill Lane Decatur, IL Enjoy the best of country living paired with everyday convenience! Nestled on 6.91 partial...	3 beds \| 4 baths \| 3,820 sq.ft.	$530,000	Airbnb cash on cash: -0.81% Traditional cash on cash: 3.63% Airbnb Rental Income: $1211 Traditional Rental Income: $3019 Airbnb ROI: -0.81% Traditional ROI: 3.63%
952 N Linden Avenue Decatur, IL Tucked away at the end of a quiet dead-end street, this beautifully secluded property offe...	2 beds \| 2 baths \| 1,604 sq.ft.	$284,900	Airbnb cash on cash: -1.99% Traditional cash on cash: 2.56% Airbnb Rental Income: $570 Traditional Rental Income: $1505 Airbnb ROI: -1.99% Traditional ROI: 2.56%
1629 W DECATUR Street Decatur, IL Welcome to the 3-bedroom, 1-bath ranch, proudly owned by the same family for 65 years! Thi...	3 beds \| 1 baths \| 1,009 sq.ft.	$90,000	Airbnb cash on cash: 4.88% Traditional cash on cash: 10.82% Airbnb Rental Income: $1211 Traditional Rental Income: $1342 Airbnb ROI: 4.88% Traditional ROI: 10.82%
270 S Birks Street Decatur, IL Harristown, conveniently located, small town with access to everything you want or need wi...	3 beds \| 1 baths \| 1,144 sq.ft.	$139,000	Airbnb cash on cash: 3.33% Traditional cash on cash: 8.4% Airbnb Rental Income: $1211 Traditional Rental Income: $1496 Airbnb ROI: 3.33% Traditional ROI: 8.4%
593 SHADOW LN Decatur, IL Invest with success and buy through Auction.com. This bank-owned investment property is a ...	N/A beds \| N/A baths \| N/A	$155,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.78% Airbnb Rental Income: $null Traditional Rental Income: $1189 Airbnb ROI: N/A Traditional ROI: 4.78%
1124 W Cushing Street Decatur, IL Don't miss this charming bungalow just minutes from shopping, restaurants, and parks in De...	3 beds \| 1 baths \| 988 sq.ft.	$89,900	Airbnb cash on cash: 4.78% Traditional cash on cash: 11.73% Airbnb Rental Income: $1211 Traditional Rental Income: $1431 Airbnb ROI: 4.78% Traditional ROI: 11.73%
1118 WEDGEWOOD Court Decatur, IL Refreshed home in Deerfield Estates! Features include updated interior paint, luxury vinyl...	4 beds \| 3 baths \| 3,155 sq.ft.	$425,500	Airbnb cash on cash: 1.24% Traditional cash on cash: 1.72% Airbnb Rental Income: $2861 Traditional Rental Income: $2386 Airbnb ROI: 1.24% Traditional ROI: 1.72%
23 Greenridge Drive Decatur, IL Fully remodeled and tastefully appointed, this stunning 3 bedroom, 21/2 bath home sits on ...	3 beds \| 3 baths \| 2,632 sq.ft.	$224,900	Airbnb cash on cash: 1.04% Traditional cash on cash: 7.17% Airbnb Rental Income: $1211 Traditional Rental Income: $2125 Airbnb ROI: 1.04% Traditional ROI: 7.17%
3552 N Water Street Decatur, IL This 3 bedroom, 2 bath tri-level sits on a generous corner lot with added privacy and open...	3 beds \| 2 baths \| 2,056 sq.ft.	$165,900	Airbnb cash on cash: 1.53% Traditional cash on cash: 11.47% Airbnb Rental Income: $1211 Traditional Rental Income: $2394 Airbnb ROI: 1.53% Traditional ROI: 11.47%
2123 E Mill Stone Road #2123 Decatur, IL Get ready to move to this 2-bedroom, 1.5-bath townhome located in the desirable Argenta-Or...	2 beds \| 2 baths \| 1,097 sq.ft.	$114,900	Airbnb cash on cash: -0.51% Traditional cash on cash: 8.36% Airbnb Rental Income: $570 Traditional Rental Income: $1271 Airbnb ROI: -0.51% Traditional ROI: 8.36%
18 MAPLE Court Decatur, IL Take a look at this beautifully maintained 2-bedroom, 1.5-bath home ready for its next cha...	2 beds \| 2 baths \| 1,040 sq.ft.	$125,000	Airbnb cash on cash: -0.08% Traditional cash on cash: 7.92% Airbnb Rental Income: $570 Traditional Rental Income: $1248 Airbnb ROI: -0.08% Traditional ROI: 7.92%
4754 Arbor Court #4754 Decatur, IL Welcome home to this beautifully updated 55+ owner-occupied condo! This well-maintained ho...	2 beds \| 2 baths \| 1,362 sq.ft.	$175,000	Airbnb cash on cash: -2.51% Traditional cash on cash: 5.64% Airbnb Rental Income: $570 Traditional Rental Income: $1644 Airbnb ROI: -2.51% Traditional ROI: 5.64%
12 DIANE Road Decatur, IL Space, style, and the perfect setup for entertaining! 3 Bedrooms \| 2.5 Baths \| 2,348 Sq Ft...	3 beds \| 3 baths \| 3,748 sq.ft.	$174,900	Airbnb cash on cash: 0.48% Traditional cash on cash: 6.56% Airbnb Rental Income: $1211 Traditional Rental Income: $1832 Airbnb ROI: 0.48% Traditional ROI: 6.56%

Real Estate investment in Decatur, IL

There are 27 properties for sale in the city of Decatur . The median list price in Decatur is $340,000 and the average price per square foot is $158. In May 2026, the average monthly cash on cash return in Decatur is 7.00%. The average monthly rental income in Decatur is $1,602.

Decatur, IL Real Estate Investing: FAQs for Buyers, Sellers and Investors

There are 27 investment properties available for sale in Decatur.

In 2026, the best neighborhood to buy investment property is Decatur.

The ROI for Long-Term is higher than the Short-Term in Decatur with average rental income of $1,602.

Your search for investment property begins and ends here

Investment Property for Sale in Decatur, IL

2919 Wasson Way

Decatur, IL

3 beds | 2 baths | 1,288 sq.ft.

$120,000

Airbnb cash on cash: 2.42%

Traditional cash on cash: 9.17%

Airbnb Rental Income: $1211

Traditional Rental Income: $1602

Airbnb ROI: 2.42%

Traditional ROI: 9.17%

4197 East Lake Shore Drive

Decatur, IL

3 beds | 2 baths | N/A

$292,900

Airbnb cash on cash: -0.1%

Traditional cash on cash: 4.67%

Airbnb Rental Income: $1211

Traditional Rental Income: $2137

Airbnb ROI: -0.1%

Traditional ROI: 4.67%

36 Allen Bend Drive

Decatur, IL

4 beds | 3 baths | 3,232 sq.ft.

$374,900

Airbnb cash on cash: 1.98%

Traditional cash on cash: 3.69%

Airbnb Rental Income: $2861

Traditional Rental Income: $2795

Airbnb ROI: 1.98%

Traditional ROI: 3.69%

1740-1760 S Fairview Avenue

Decatur, IL

65 beds | 65 baths | N/A

$2,250,000

Airbnb cash on cash: -2.33%

Traditional cash on cash: -1.78%

Airbnb Rental Income: $1009

Traditional Rental Income: $1788

Airbnb ROI: -2.33%

Traditional ROI: -1.78%

2151 S Imboden Place

Decatur, IL

2 beds | 2 baths | 1,336 sq.ft.

$165,000

Airbnb cash on cash: -3%

Traditional cash on cash: 4.37%

Airbnb Rental Income: $570

Traditional Rental Income: $1445

Airbnb ROI: -3%

Traditional ROI: 4.37%

417 S Westlawn Avenue

Decatur, IL

4 beds | 4 baths | 3,375 sq.ft.

$299,900

Airbnb cash on cash: 4.06%

Traditional cash on cash: 5.14%

Airbnb Rental Income: $2861

Traditional Rental Income: $2500

Airbnb ROI: 4.06%

Traditional ROI: 5.14%

5210 Hammer Place

Decatur, IL

2 beds | 4 baths | 2,452 sq.ft.

$545,000

Airbnb cash on cash: -1.97%

Traditional cash on cash: 1.7%

Airbnb Rental Income: $570

Traditional Rental Income: $2155

Airbnb ROI: -1.97%

Traditional ROI: 1.7%

9 Glenview Drive

Decatur, IL

3 beds | 2 baths | 922 sq.ft.

$135,000

Airbnb cash on cash: 2.74%

Traditional cash on cash: 6.81%

Airbnb Rental Income: $1211

Traditional Rental Income: $1348

Airbnb ROI: 2.74%