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Property profile & analytics
OFF-MARKET
Office Spaces

15 Poplar St Eldorado, IL 62930

Property ID
Property summary
AI-generated overview

This exceptional commercial property at 15 Poplar Street in Eldorado, Illinois, presents a unique investment opportunity. Located directly across from the courthouse in Saline County, this building offers high visibility and convenient access. Priced below appraised value, this property boasts approximately 900 square feet of finished office space on the main floor, complemented by an additional 600 square feet of unfinished space on the second floor, accessible via a separate exterior entrance. The main floor features a welcoming reception/waiting area with a built-in desk, three to four private offices, two bathrooms, and ample storage including a dedicated storage room and file room. Two of the offices share a bathroom and a storage closet. The spacious rear office (15' x 18') with hardwood floors and built-in cabinets could easily serve as a conference room. City parking is conveniently located at the rear of the building. The property's versatile layout makes it ideal for a variety of office or retail uses. The building is situated on a land parcel in the 62930 zip code, offering a blend of established commercial space and potential for future development or expansion. This is a rare opportunity to acquire a well-located, below-market-value commercial property in a thriving Illinois community. The property's strategic location and functional design make it an attractive investment for both established businesses and entrepreneurs.

Property profile
Verified
Property type Office Spaces
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
AI Approach AI
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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