1020 Eldorado St Decatur, IL 62521-1916
This exceptional 7,000-square-foot freestanding industrial building presents a rare opportunity for purchase or lease in Decatur, Illinois. Ideally situated on a half-acre lot at 1020 E Eldorado St, this single-tenant property boasts high visibility with over 16,000 vehicles passing daily. The building offers a versatile layout, combining approximately 2,500 square feet of updated office space with roughly 4,500 square feet of warehouse space. Office features include five private offices, a reception area, and private restrooms. The warehouse area is equipped for efficient operations, featuring two 14-foot overhead doors, 16-18-foot ceiling heights, and an existing crane. Three-phase power is readily available. The property benefits from ample parking and excellent curb appeal, making it an attractive location for a variety of businesses. Zoned for industrial use (APN: 04-12-14-205-003), this Macon County property is perfect for businesses seeking to establish or expand their operations in a prime Decatur location. The property is currently vacant.
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Wabel Tool Co Industrial Manufacturer
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Select Auto Car Dealership
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Select Auto Hail Auto Repair Shop
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
MUNICIPAL · Decatur, ILDecatur. Always verify with local authorities before improvements.
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.