15 Poplar St Eldorado, IL 62930
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.
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
Similar Nearby for Sale
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.