Warehouse For
1004 W ELDORADO ST Decatur, IL 62522
1004 W ELDORADO ST, Decatur, IL, 62522
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For Sale
Contact for pricing
Warehouse property available for sale in Decatur, IL, with commercial real estate use.
Property Size3,755 SF
Price / SF$266.31
Days on Market98
Property Features for 1004 W ELDORADO ST
General Information
- Standard status
- Active
- Size
- 3,755 SF
- Property subtype
- Special Purpose
Building Details
- Year Built
- 2013
Listing agency
Main Place Real Estate
(217) 454-8800
Listed by
Zane Peterson · License #481.010682
Source
Crexi
Added: Apr 15 Updated: Jul 21 at 3:36AM Checked: Jul 21 at 3:36AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Main Place Real Estate
Investment Insights
Based on property information with market context.
This warehouse property is offered for sale as commercial real estate. The asset is listed under warehouse and other warehouse property types, supporting a range of storage and light industrial uses consistent with typical warehouse layouts.
The property is located at 1004 W ELDORADO ST in Decatur, Illinois. Details such as specific building configuration, condition, and improvements are not provided.
The listed property size is 3,755 square feet, and the offering price is $1,000,000.
The property is located at 1004 W ELDORADO ST in Decatur, Illinois. Details such as specific building configuration, condition, and improvements are not provided.
The listed property size is 3,755 square feet, and the offering price is $1,000,000.
Key Highlights
- Warehouse property built in 2013
- Commercial real estate use
- For sale in Decatur, IL
Local Financial Insights For Warehouse
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $37.4k | $9.96 |
| − Vacancy | −$2.6k | −$0.70 |
| EGI | $34.8k | $9.26 |
| − OpEx | −$5.2k | −$1.39 |
| NOI | $29.6k | $7.87 |
3,755 SF · lease $9.96/SF/yr · vacancy 7.00% · expense 15.00%
Alternative Uses
Best Use
Warehouse
$422.4K
$369.6K – $492.8K
NOI $29,565 @ 7.0% cap · market cap 2.96%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$630.7K
$551.9K – $735.8K
NOI $44,150 @ 7.0% cap · market cap 4.42%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Hurricane car wash
Car Wash
Clean Cut Painting ...
Painting Service
Hurrican Car Wash
Car Wash
Similar For Sale Nearby
Similar Off Market Nearby
- Adm — 1000 E N St, Decatur, IL 62521
FAQs
What type of property is this?
Warehouse - Warehouse property available for sale in Decatur, IL, with commercial real estate use.
Where is this warehouse located?
The property is located at 1004 W ELDORADO ST Decatur, IL.
What is the asking price?
The asking price for this property is $1,000,000.
What are key features of this property?
This property features: Warehouse property built in 2013; Commercial real estate use; For sale in Decatur, IL
