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Prime Lot on Route 36
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1166 W Eldorado St, Decatur, IL 62522

Commercial lot suitable for retail or multi-family development.

Property SizeContact for details
Days on Market1164

Property Features for 1166 W Eldorado St

General Information

Standard status Active
Property subtype Land
Zoning COM
Listing Agency: Main Place Real Estate
Listed By: Zane Peterson · License #471020044
Source: Crexi
Added: Jun 15, 2023 Changed: Aug 8 Last Checked: Aug 20 at 6:50PM

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 commercial lot is positioned on Route 36, benefiting from high daily traffic of over 9,300 vehicles. The location is in close proximity to Millikin and the West End, making it suitable for retail or multi-family development. All utilities are available on site.

Key Highlights

  • Prime location on Route 36 with high traffic count (over 9,300 vehicles daily).
  • Ideal opportunity for retail or multi‑family development.
  • Close proximity to Millikin University.

Property Analytics

Current Use

Commercial land

Suggested Use

Top Pick Real Estate Agency Law Firm Parking Lot & Garage Building Supply Kitchen & Bath Showroom Auto Parts Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

401
Businesses Nearby

Demographics for 62522, IL

14,838
Population
7,215
Households
2.1
Avg Household Size
36
Median Age
26%
College-Educated
95%
High-School Grad
23.9 sq mi
ZIP Area
621
Density / Sq Mi
$51,689
Median Household Income
$36,551
Median Earnings
$783
Median Rent
$108,300
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Commercial land - Commercial lot suitable for retail or multi-family development.
Where is this commercial land located?
The property is located at 1166 W Eldorado St Decatur, IL.
What is the asking price?
The asking price for this property is $400,000.
What are key features of this property?
This property features: Prime location on Route 36 with high traffic count (over 9,300 vehicles daily).; Ideal opportunity for retail or multi‑family development.; Close proximity to Millikin University.
(217) 454-8800 Call to check price and availability
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