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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

1215 Us Hwy 45 Hwy Eldorado, IL 62930

Built 1963
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Retail properties & Spaces
Year built 1963
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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CAP Approach CAP
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Comparable Approach Comparable
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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