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Property profile & analytics
OFF-MARKET
Land

8890 Us Hwy 45 Hwy Eldorado, IL 62930

Built 1999
Property ID
Property summary
AI-generated overview

This exceptional commercial property, located at 8890 US Hwy 45 N in Eldorado, Illinois (zip code 62930), presents a wealth of opportunities for savvy investors. Listed at $109,000, this land parcel boasts two existing buildings totaling over 2000 square feet. Built in 1999, the main structure features electricity, septic, heating, and air conditioning. While water currently requires hauling (a previous owner successfully utilized this method), the property offers significant potential for various commercial ventures. The buildings include a small apartment with a full bath, kitchen, and bedroom, plus a half bath with washer and dryer hookups. Additional features include a covered front patio, a drive-through garage, a 20x20 detached garage, and an enclosed carport/garage. Inside, built-in desks, a bar, and shelving are included. Three propane wall heaters and two window units provide climate control. The property also features a small pond nestled within a wooded area. Its previous use as a lawn and garden center and car/farm equipment lot highlights its ideal location and versatile nature. This property is situated in Saline County, Illinois, offering excellent highway visibility and accessibility. Don't miss this chance to acquire a well-positioned commercial property with significant upside potential.

Property profile
Verified
Property type Land
Year built 1999
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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