Decatur, IL Foreclosed Homes & Properties

Foreclosure Homes in Decatur, IL: What You Need to Know

Single-family detached homes account for 73.58% of all housing in Decatur, making it the most common type of home. Other types of housing include large apartment complexes (16.62%), duplexes or small apartment buildings (5.63%), and some mobile homes and trailers (2.65%). The median home value is $92,089, with an appreciation rate of 5.73% in the past year. Homeowners account for 59.91%, and 40.09% of the population is renting. The average rent for a one-bedroom apartment is $509, for a two-bedroom apartment is $642, and for a three-bedroom apartment is $848.

Getting Around in Decatur, IL

The Decatur Public Transit System (DPTS) serves the public transportation needs of the community. It operates 15 bus routes Monday through Saturday. There is also a trolley in the downtown area. Most people in Decatur travel by personal vehicle. The closest airport to the city is the Decatur Airport, which is a 6-mile drive from downtown. To reach the Central Illinois Regional Airport at Bloomington-Normal, you will have to travel 49 miles outside of the city.  

Shopping in Decatur, IL 

Merchant Street is a historic shopping district located in Downtown Decatur. Small shops line the streets and sell everything from home décor and specialty foods to women’s clothing and accessories. Hickory Point Mall is a traditional indoor mall with large name-brand retailers. You can also find stores such as Kohls, Hobby Lobby, and Verizon inside. In addition to the food court area, there are several restaurants like Applebee's and Red Lobster located on the mall's outskirts. There are over 70 locally-owned restaurants in the city to dine at. Some of the most favored by the locals are The Beach House, Aloha, Dos Amigos, Bistro Five Thirty-Seven at RCC, and Mosaic Café.  

Local Population 

Decatur has a population of 72,969. The median age of the population is 40 years of age. The median household income is $42,908. The five largest ethnic groups in Decatur are White (69.5%), Black (20.4%), two or more races (5.94%), Hispanic (1.91%), and Asian (.906%).  The median property value is $81,800. The average household size is 2.23, and the average family size is 2.86. The most common professions are service providers, sales, office workers, and professionals.