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    Property profile & analytics

    903 Main St El Paso, IL 61738

    • Retail properties
    • 7,200 SF
    • 0.64 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence

    Current Use by Public Records

    • Retail properties

    Property Details for 903 Main St

    Year built
    2004
    Lot size
    0.64 lot acres
    Property size
    7,200 SF
    Property type
    Retail properties
    Property subtype
    Retail space

    Description

    This 7,200-square-foot retail building in El Paso, Illinois, is offered at $495,000 ($68.75/SF). Built in 2004, this freestanding, one-story structure sits on a 0.64-acre lot at 903 W Main St, 61738. Previously a Dollar General, the building features a metal-sided exterior with a steel frame and a typical block facade. The interior includes a large sales area, a small office, employee area, stockroom, and two restrooms. The pitched roof is covered with a standing metal seam over a metal deck supported by steel joists and is insulated. The property boasts ample parking. Located in a predominantly rural area with many farms, El Paso offers small-town charm and is approximately 35 miles from Peoria, IL. Nearby towns include Bloomington-Normal, Gridley, Eureka, and Chenoa. This presents an excellent investment opportunity due to limited available inventory in this submarket. The property is ideal for a variety of uses, including general storage, and is perfect for an owner-user or investor seeking a versatile retail space in a growing agricultural community.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    El Paso
    County
    Woodford
    State
    Illinois
    Longitude
    -89.0416
    Latitude
    40.7372

    Comparable in this City

    • Value Estimation by Request
      7,200 SF

      903 Main St

      Individual retail properties • 7,200 SF
      903 Main St, El Paso, IL 61738
      View Details
    • Value Estimation by Request
      1,911 SF

      123 Frnt St

      RETAIL STORES (PERSONAL SERVICES) • 1,911 SF
      123 Frnt St, El Paso, IL 61738-1555
      View Details
    • Value Estimation
      $300,000
      5.25 Acres

      Main St

      RETAIL STORES (PERSONAL SERVICES) • 5.25 Acres
      Main St, El Paso, IL 61738
      View Details
    • Value Estimation by Request
      0.09 Acres

      Frnt St St

      RETAIL STORES (PERSONAL SERVICES) • 0.09 Acres
      Frnt St St, El Paso, IL 61738
      View Details
    • Value Estimation by Request

      Main St

      RETAIL STORES (PERSONAL SERVICES)
      Main St, El Paso, IL 61738
      View Details
    • Value Estimation by Request
      1,500 SF

      39 Frnt St

      RETAIL STORES (PERSONAL SERVICES) • 1,500 SF
      39 Frnt St, El Paso, IL 61738-1168
      View Details

    Similar Nearby 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
    • $495,000
      9,100 SF

      El Paso Office Building - $495K

      9,100 SF Freestanding Office, Vacant
      901 Main St, El Paso, IL 61738
      View Details
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    903 Main St
    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
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