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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

903 Main St El Paso, IL 61738

7,200 SF 0.64 ac lot Built 2004
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Retail properties & Spaces
Year built 2004
Total area 7,200 SF
Lot 0.64 ac (27,878 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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