This property at 1121 W Green St in Decatur, IL, has a current valuation of approximately $54K, significantly lower than the average comp valuation of around $70K. The neighborhood's median sold price is around $102K, indicating potential. However, the property's age (built in 1895) suggests it may require substantial renovations. Its off-market status and low listing price of $18K make it an attractive option for investors seeking a fixer-upper.
Consider purchasing this property only if you can manage the expected renovation costs effectively. Focus on cosmetic updates that align with current market trends to maximize appeal. Given the property's low entry price, there is room for profit if the renovations are well-executed. Engage with local contractors to assess necessary repairs and budget accordingly.