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Property profile & analytics
OFF-MARKET
Flex space

1020 Eldorado St Decatur, IL 62521-1916

0.47 ac lot
Entity Owned 3-yr Hold Free & Clear
Property ID
US28-4279677
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Flex space
Use group LIGHT INDUSTRIAL
Lot 0.47 ac (20,320 SF)
Zoning code MUNICIPAL
APN 04-12-14-205-003
UPID US28-4279677
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
Current use
Occupant on record · Public records
  • Wabel Tool Co Industrial Manufacturer
  • Select Auto Car Dealership
  • Select Auto Hail Auto Repair Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Harzel Enterprises INC · 3 yrs held
Harzel Enterprises INC
since 2023
Last sale
$195,000
1 recorded transaction
2023
$195,000
Zoning & alternative use
MUNICIPAL · Decatur, IL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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