903 Main St El Paso, IL 61738
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.