Moweaqua
Real Estate
Auction reopens for historic Decatur mansion
DECATUR, Ill. (WCIA) — The auction is once again open for a historic Decatur mansion after a previous attempt to sell the property fell through. Power’s Mansion was bid on earlier this month and won for $300,000 by a Decatur ministries group. But the group didn’t have enough money readily available to secure the bid. […]
Starting bid for historic Decatur mansion set to $49k
DECATUR, Ill. (WCIA) – The auction for a historic mansion in Decatur begins Monday – with a starting bid of $49,000. The catch is, one of the terms of sale is that it’s occupied. Another is the sale must be cash-only. Plus, any prospective buyer would need to make a deal without seeing the interior […]
Historic Decatur mansion on the market for $130k, but there’s a catch
DECATUR, Ill. (WCIA) – An iconic Decatur mansion could be all yours for only $130,000, but there’s a catch. You can’t go inside until you buy it – and evict the current owners. Nonprofit organization History of the Heartland shared details Monday after speaking to the realtor tasked with selling the property at 357 W. […]
Profiting off of blight: Loophole in state law incentivizes leaving properties abandoned
DECATUR, Ill. (NEXSTAR) — They can be found dotted around Decatur. Vacant, blighted homes that have been rotting for years. The city slowly takes ownership of them, choosing to rebuild or demolish them, but the process often takes years. That process begins with someone falling behind on their taxes. If someone fails to pay their […]
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