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    901 Main St El Paso, IL 61738

    Sponsored
    For Sale
    $495,000

    9,100 SF Freestanding Office, Vacant

    Property size:
    9,100 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This 9,100-square-foot freestanding Class B office building is situated on a 1.4-acre lot in El Paso, Illinois, at 901 W Main St, zip code 61738. Conveniently located just off I-39 Exit 14 and US Route 24, this property offers exceptional highway access. Currently vacant, the building boasts a flexible free-span steel frame design, previously occupied by an office user. The layout includes two entrances, a largely open floor plan, multiple private offices, men's and women's restrooms, and locker rooms with showers. Ample parking is available with easy access from Main Street/US 24. The sale is intended for an owner-occupier, not as an investment property. This presents a unique opportunity for a business seeking a spacious, adaptable workspace with excellent visibility and convenient highway access. The building is suitable for a variety of uses due to its flexible design. This is a prime location for a growing company seeking a prominent presence in Woodford County.

    Property Features for 901 Main St

    General Information

    Property type
    Office Properties & Spaces
    Square Feet
    9,100 SF
    Class
    B
    Lot Size
    60,984 SF

    HighLights

    • $495,000 asking price for a vacant, 9,100 square foot Class B office building.
    • Freestanding building on a 1.4‑acre lot in El Paso, Illinois.
    • Convenient location off I‑39 Exit 14 and US Route 24, offering easy highway access.
    • Flexible floor plan suitable for various uses; features include two entrances, open floor plan, private offices, restrooms, and locker rooms with showers.
    • Ample parking with easy access from Main Street/US 24.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Clothing Store Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    El Paso
    County
    Woodford
    State
    Illinois
    Longitude
    -89.04344374
    Latitude
    40.73671805

    Nearby Comparable

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      Former Retail Building with Parking

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      903 W Main St, El Paso, IL 61738
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      Minonk Land with Barn & Shed

      3.21 acres with barn and shed, excellent building opportunities.
      2913 County Road 1700 N, Minonk, IL 61760
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    • $79,900
      1,820 SF

      Roanoke Commercial Building - Great Potential

      Versatile 1820 sq ft building, high visibility, Route 116.
      406 Court St, Roanoke, IL 61561
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    • $95,000
      2.37 Acres

      Prime Roanoke Commercial Land

      2.37 Acres, $95,000
      200 Main St, Roanoke, IL 61561
      View Details

    Nearby Similar for Sale

    • $450,000
      7,200 SF

      Former Retail Building with Parking

      Free-standing retail building in El Paso, Illinois, with parking.
      903 W Main St, El Paso, IL 61738
      View Details

    FAQs

    What type of property is this?
    Office Property / Space - 9,100 SF Freestanding Office, Vacant
    Where is this office property / space located?
    The property is located at 901 Main St El Paso, IL.
    What is the asking price?
    The asking price for this property is $495,000.
    What are key features of this property?
    This property features: $495,000 asking price for a vacant, 9,100 square foot Class B office building.; Freestanding building on a 1.4-acre lot in El Paso, Illinois.; Convenient location off I-39 Exit 14 and US Route 24, offering easy highway access.
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    El Paso, IL 61738
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    901 Main St El Paso, IL 61738
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