$89,900

3 Beds   1 Bath   Single-Family
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W Sunset Ave
Decatur, IL 62522

Potential Profit
$53,690

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Status: Active
Listing ID: 64128701
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Homes near W Sunset Ave in Decatur, Illinois


Learn about W Sunset Ave in Decatur, IL

This single-family property is available as a foreclosure at W Sunset Ave. This property features 3 bedrooms and 1 bathrooms, perfect for investment and/or your personal residence. Our team of real estate experts has conducted a thorough analysis of the current market conditions in Decatur, specifically for W Sunset Ave and comparable listings. Based on this expert analysis, the estimated market value is $86,154. This single-family has potential equity of $53,690. If purchased for rental purposes, the monthly rental rate could range between $960 and $1,181, providing a solid return on investment. For those interested in resale, the estimated profit from selling is $53,690. Factors considered in this calculation include the property location, condition, status, and convenience, all assessed by our experienced professionals. Properties like this one on W Sunset Ave are updated daily along with others in Decatur, Illinois, ensuring you have the most current and accurate information. Since this property is a foreclosure, be sure to check out our Foreclosure Timeline for W Sunset Ave below to see detailed and helpful information about what stage of the foreclosure process this listing is in.


Buy this home for as little as

Plus with taxes and insurance

Based on 20% down, 30 year mortgage, with 6% APR

Principal
Interest
Property Taxes
Homeowners Insurance
Total Monthly Ownership Cost

All calculations are estimates provided for informational purposes. Actual amounts may vary by location. It is important to know that mortgage rates are dependent on credit scores, loan timeline, and a down payment amount.

Foreclosure Timeline

W Sunset Ave in Decatur Illinois Property History

Not in Foreclosure

Pre-Foreclosure

Auction

Bank Owned

Find out more about this property on W Sunset Ave
View Foreclosure Status
09/17/25
Bank owned
The lender has taken ownership of this property through a foreclosure auction for the amount of $89,900. Because the properties were not sold at auction, the lender is now the owner and is engaged in the process of marketing and selling them to potential buyers. The longer lenders own properties, however, the more eager they become to sell, often at reduced prices.
06/11/25
Lis Pendens issued
The owner of this property was served a notice of lis pendens for missed mortgage payments.

What is the city of Decatur, IL like?

Decatur, Illinois, offers a rich blend of urban comforts and small-town charm. Residents enjoy a variety of cultural attractions including the Kirkland Fine Arts Center and the Decatur Area Arts Council, fostering a vibrant community atmosphere. Outdoor enthusiasts will appreciate the expansive parks and recreational facilities, such as Fairview Park and Scovill Zoo, while Lake Decatur provides ample opportunities for water sports and fishing.

Education is an important focal point in Decatur, with institutions like Millikin University providing higher education options. The local school districts are committed to high-quality learning environments, making it an attractive area for families with children. Additionally, Decatur's strategic location allows for easy access to several major highways, making travel to Chicago and other cities straightforward and efficient.

Nearby Schools

There are 4 schools in the area. Nearby schools include Decatur High School and Eisenhower High School.

Decatur High School
Eisenhower High School
Stephen Decatur Middle School
Marquette Elementary School

Nearby Attractions

There are plenty of activities near this property like Decatur Public Library, Decatur Memorial Hospital, and more.

Decatur Public Library
Decatur Memorial Hospital
Decatur Civic Center

What kind of public transportation is there?


Public transportation options include: Decatur Public Transportation offers bus services that connect various parts of the city and surrounding areas.. Other services include ride-sharing services like Uber and Lyft.

Nearby Parks


Parks nearby include Fairview Park, Scovill Park and more.

Fairview Park
Scovill Park
Nelson Park
Lincoln Park

Cellular & Internet Providers


Services available in the area include cellular and internet options.

Cellular Providers

Verizon
AT&T
T-Mobile

Internet Providers

Comcast Xfinity
Frontier
Mediacom
Rental Chart
View Rental and Market Value
for W Sunset Ave in Decatur Illinois
View Market Value

Property Information

  • Price: $89,900
  • Bedrooms: 3
  • Bathrooms: 1
  • Total Square Feet: Sign in to view
  • Day(s) On Site: Sign in to view
  • Subdivision: UNIVERSITY PLACE 2ND ADD
  • Property Type: Single Family Dwelling
  •  

Public Records

Community & Neighborhood

This property in Decatur, IL is located in the University Place 2nd Add Subdivision.


Foreclosure

The property located at W Sunset Ave in Decatur, IL is listed as a Foreclosure

Properties like W Sunset Ave in Decatur, Illinois listed as foreclosures have passed the point of auction or public sale. Because the properties were not sold at auction, the lender is now the owner and is engaged in the process of marketing and selling them to potential buyers through a local real estate agent or auction house in Decatur, IL. The longer lenders own properties like this on W Sunset Ave, the more eager they become to sell, often at reduced prices.

First Steps to Buying a Foreclosure

Foreclosures often mean the original homeowner had some sort of setback that caused him to allow his lender to take the property. Rarely does a lender want to retain possession of real estate, so it will be motivated to move it off the books as quickly as possible. A fast turnover is what the lender is looking for, so a big part of the marketing plan might include pricing for a quick sale. In order to take advantage of foreclosed properties there are some basic steps to be followed:

Read more...

Contact Information

Credit Information Center

County Information

Document Center

Rental Value

The estimated rental value for W Sunset Ave located in Decatur, IL is $1,102/month. Comparable homes around W Sunset Ave that are rentals have monthly ranges starting as low as $960 per month and as high as $1,181 per month. An owner looking to use this property as an investment could bring a return in the area of $960 - $1,181 a month based on the many factors which include the properties condition, type, amenities, etc. Sign in to view a full two years of rental information as well as the Average Market Value (AVM) of this property.

Listing History

Foreclosure
09/17/25 - Present

The property has moved into foreclosure proceedings. The lender is likely preparing the home for auction or repossession.

Status: Active

Foreclosure
09/11/25 - 09/09/25

Status: Inactive

Preforeclosure

REGIONS BANK

06/11/25 - 07/23/25

The owner is behind on payments and has entered preforeclosure. It may still be possible to avoid foreclosure or sell early.

Status: Inactive

Preforeclosure

REGIONS BANK

11/12/24 - 07/23/25

Status: Inactive

Similar Homes Nearby Decatur, IL


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foreclosure.com

W Sunset Ave
Decatur, IL 62522

3 Beds   1 Bath   Single-Family

$89,900

Status: Active Listing ID: 64128701

Property Information

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Public Records

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Property Description

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Listing URL

https://www.foreclosure.com/listing/address.html?address=W-Sunset-Ave-Decatur-IL-62522/64128701_lid

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