932 Eldorado StDecatur, IL 62522

  • Other commercial real estate
  • 0.55 AC
For Sale
$179,000 View listing

Property Details for 932 Eldorado St

Lot size
0.55 AC
Zone code
MUNICIPAL
Property type
Other commercial real estate
APN
04-12-15-103-028
APU
41215103028

Description

This exceptional commercial property at 932 West Eldorado St., Decatur, IL 62522, presents a compelling investment opportunity. Priced at $179,000, this property boasts a total of 6,400 square feet situated on a 0.55-acre lot. The building itself offers a versatile layout, combining 2,700 square feet of office space with 3,700 square feet of warehouse space, ideal for a variety of commercial uses. Its prime location near Millikin University and downtown Decatur ensures high visibility and accessibility, benefiting from an average daily traffic count of 12,200 vehicles. The property's strategic position offers easy access to interstate highways, further enhancing its appeal. This is a rare opportunity to acquire a well-positioned commercial property with significant potential for growth and return on investment. The property's size and layout provide flexibility for various business models, making it an attractive option for both established businesses and new ventures. Don't miss this chance to own a piece of Decatur's thriving commercial landscape.

Valuation
by Realmo methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $7,120,311
    Hospitality
    $6,522,166
    Educational
    $5,426,366
    Medical
    $5,612,987
    Retail
    $8,441,014
932 Eldorado St, Decatur, Illinois
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Location Insight

City
Decatur
County
Macon
State
Illinois
Latitude
39.8464
Longitude
-88.9689
CBSA code
19500
CBSA name
DECATUR, IL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$4,224
$21,582
$20,855
$42,437
-
$64,752
$62,571
$127,323

FAQs

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