The Flip Potential of 1121 W Green St Decatur, IL is medium.
Current Specs
3 Bed / 1 Bath
1,284 sqft
$42 per sqft
Estimated Value$54,449
Flip Advice
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.
The accuracy of the Frontflip report and its applicability to your circumstances are not guaranteed. This calculator is offered for educational purposes only, and is not a substitute for professional advice. All figures provided by the Frontflip calculator are estimates only and are not reflective of what your actual results may be.
Flip Scenarios
Explore renovation scenarios based on recent comps that could increase the value of 1121 W Green St: