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    OFF-MARKET
    Commercial real estate

    8890 Us Hwy 45 Hwy, Eldorado, IL 62930

    2,004 SF 3.7 ac lot Built 1999
    Property ID
    Property summary
    AI-generated overview

    This exceptional Eldorado, IL commercial property presents a wealth of opportunities for savvy investors. Situated on a generous 3.7-acre lot at 8890 US Hwy 45 N Highway, this property boasts a substantial 2,004 square foot building, previously utilized as a lawn and garden center and equipment lot. The building is equipped with electricity, septic, heating, and air conditioning, offering a solid foundation for a variety of businesses. While water currently requires hauling or installation, the previous owner successfully utilized a hauling system. The building includes a convenient small apartment complete with a full bath, kitchen, and bedroom, adding to its versatility. A half bath with washer and dryer connections is also available. Exterior features include a covered front patio, a drive-through garage, a 20' x 20' detached garage, and an enclosed carport/garage, providing ample storage and workspace. Interior features include built-in shelving, a bar, and a desk, all included in the sale. Three propane wall heaters and two window air conditioning units provide climate control. The property also features a small pond nestled within a wooded area, adding a unique and tranquil element to the landscape. This property's combination of building size, acreage, and existing infrastructure makes it an ideal investment for entrepreneurs seeking a versatile and established location.

    Property profile
    Verified
    Property type Commercial real estate
    Year built 1999
    Total area 2,004 SF
    Lot 3.7 ac (161,172 SF)
    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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