Located in Decatur, Illinois — central Illinois's dynamic mid-sized city home to Millikin University and a growing base of trades professionals and investors — 1428 N Gulick Ave presents a genuine opportunity for the buyer who knows what to do with a blank canvas. Priced at just $25,000 with $1,000 down and $395/month on a contract for deed, this 2-bedroom, 1-bathroom property with a full basement is being sold as-is and is positioned squarely as a contractor special. The home has been gutted, meaning full rehabilitation is required before occupancy. Walls, systems, and finishes will need to be addressed from the ground up — but for the right buyer, that's exactly the point. Whether you're a seasoned rehabber looking to build sweat equity, an investor eyeing the Decatur rental market, or a trades professional ready to put skills to work on your own asset, this property offers structural bones and basement square footage at a price point that's hard to find anywhere in central Illinois. Decatur's housing market has long attracted value-driven buyers due to its affordability relative to larger Illinois metros. Rental demand remains steady, and properties in this price range that are successfully rehabbed consistently generate solid returns for investors willing to put in the work. The contract for deed structure eliminates the traditional bank loan process entirely — no lender appraisals, no financing contingencies. You agree on terms, you close, and you get to work. With low entry costs and a clear path to ownership, 1428 N Gulick Ave is the kind of deal that seasoned real estate investors recognize immediately. Sold strictly as-is. Serious inquiries only. ---