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High-Visibility Commercial Space Available
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1489 E Eldorado St, Decatur, IL 62521

Versatile 1,584 SF space on E. Eldorado St, Decatur.

Space Size1,584 SF
Days on Market141

Property Features for 1489 E Eldorado St

General Information

Standard status Active
Size 1,584 SF
Class C
Total Parking Spaces 14
Property subtype Retail, Office
Lease Type Gross

Building Details

Building Size 1,584 SF
Year Built 1996
Tenancy Single

Spaces For Lease

at 1489 E Eldorado St Contact us

Available Space

Size
1,584 SF
Type
Office, Retail
Lease Type
Gross
Availability
Active
Contact us
Listing Agency: Brinkoetter Realtors
Listed By: Austin Deaton · License #475198953
Source: Crexi
Added: Mar 24 Changed: Aug 8 Last Checked: Aug 10 at 12:28PM

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 Brinkoetter Realtors

Investment Insights

Based on property information with market context.

This commercial space, situated on E. Eldorado St., offers a strategic location with high visibility. The property benefits from traffic counts exceeding 12,000 vehicles per day. It is located in close proximity to downtown Decatur and surrounding commercial amenities. The 1,584 sq. ft. space features an open, flexible layout and fresh interior paint. This space is suitable for a variety of commercial uses including retail, office, or service-based operations. The property provides a functional layout in a high-exposure corridor and is offered at $1,650 per month.

Key Highlights

  • High visibility location on E. Eldorado St. with traffic exceeding 12,000 vehicles per day.
  • Flexible, open 1,584 sq. ft. layout suitable for retail, office, or service‑based businesses.
  • Close proximity to downtown Decatur and surrounding commercial amenities.

Property Analytics

Current Use

Liberty Tax Accounting Firm

Suggested Use

Top Pick Real Estate Agency Dental Office Big Box & Wholesale Store Building Supply Spa & Massage Center Skin Care Clinic

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

Lease Details

NNN (Triple Net)
Lease Type
$1.65 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

91
Businesses Nearby

Demographics for 62521, IL

33,793
Population
16,169
Households
2.1
Avg Household Size
44
Median Age
22%
College-Educated
91%
High-School Grad
66.0 sq mi
ZIP Area
512
Density / Sq Mi
$66,848
Median Household Income
$41,945
Median Earnings
$857
Median Rent
$119,900
Median Home Value

Market

Lease Benchmarks for Decatur, IL

$15.27 /SF/Yr
Avg Asking Price
$11.27–$24 /SF/Yr
Price Range
3,839 SF
Avg Space Size

This space is priced 28% below the average of $15.27 /SF/Yr.

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Retail space - Versatile 1,584 SF space on E. Eldorado St, Decatur.
Where is this retail space located?
The property is located at 1489 E Eldorado St Decatur, IL.
What is the lease rate?
The lease rate is $11 SF/Yr.
What are key features of this property?
This property features: High visibility location on E. Eldorado St. with traffic exceeding 12,000 vehicles per day.; Flexible, open 1,584 sq. ft. layout suitable for retail, office, or service‑based businesses.; Close proximity to downtown Decatur and surrounding commercial amenities.
(217) 620-1843 Call to check price and availability
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