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    Property profile & analytics

    1215 Us Hwy 45 Hwy Eldorado, IL 62930

    • Retail properties
    OFF-MARKET
    Value Estimation
    Location Intelligence

    Current Use by Public Records

    • Retail properties

    Property Details for 1215 Us Hwy 45 Hwy

    Year built
    1963
    Property type
    Retail properties
    Property subtype
    Land

    Description

    This exceptional one-acre commercial property in Eldorado, Illinois, presents a unique investment opportunity. Located at 1215 N US Hwy 45 N Highway, this property boasts a substantial 40 x 75.6 ft concrete building constructed in 1963. Currently operating as a retail business, the building features three large, open rooms easily adaptable for multiple uses or expansion. Ample parking is available, and the property benefits from high visibility and accessibility due to its highway frontage next to a Dollar General and other restaurants. The building includes a newer metal roof, numerous large windows providing abundant natural light, and double rear doors ideal for loading and unloading. A leased billboard on the property generates additional income. The expansive back lot offers potential for expansion or further development. The asking price is $229,900. This property is perfect for entrepreneurs seeking a prime location with significant upside potential. Don't miss this chance to own a thriving commercial space in a desirable location.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Eldorado
    County
    Saline
    State
    Illinois
    Longitude
    -88.4427
    Latitude
    37.8062

    Comparable in this City

    • Value Estimation by Request

      15 Poplar St

      Office Properties & Spaces
      15 Poplar St, Eldorado, IL 62930
      View Details
    • Value Estimation by Request

      8890 Us Hwy 45 Hwy

      Land
      8890 Us Hwy 45 Hwy, Eldorado, IL 62930
      View Details
    • Value Estimation by Request
      12,000 SF

      1217 Us-45

      Lifestyle centers • 12,000 SF
      1217 Us-45, Eldorado, IL 62930
      View Details
    • Value Estimation by Request
      1.25 Acres

      200 Hwy 142nd S

      COMMERCIAL (GENERAL) • 1.25 Acres
      200 Hwy 142nd S, Eldorado, IL 62930-3742
      View Details
    • Value Estimation by Request

      1010 Ww St

      COMMERCIAL (GENERAL)
      1010 Ww St, Eldorado, IL 62930
      View Details
    • Value Estimation by Request

      Eldorado, IL 62930

      COMMERCIAL (GENERAL)
      Eldorado, IL 62930
      View Details

    Similar Nearby for Sale

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    • $235,000
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      Dollar General Investment, IL

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      3.46 Acres

      Vacant Land in Eldorado, IL

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      Multi-Use Property on Route 45

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    • $109,000
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      Eldorado Commercial Property - Huge Potential

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      Eldorado Commercial Property with Possibilities

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    1215 Us Hwy 45 Hwy
    Eldorado, IL 62930
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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