Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    You're browsing as guest. Top-line numbers are free. Full reports — owner contacts, refine, methodology — are paid. Guest mode. Top-line is free.
    New search
    Property profile & analytics
    OFF-MARKET
    Office buildings

    1043 Eldorado St, Decatur, IL 62521-1915

    0.28 ac lot
    Entity Owned 1-yr Hold ~ Est. High Equity
    Property ID
    US28-3608522
    Property summary
    AI-generated overview

    This exceptional Decatur, Illinois office building presents a compelling investment opportunity. Located at 1043-1045 E. Eldorado Street, this single-story, 3,135 square foot property sits on a 0.28-acre lot. Built in 1966, the building features two units and is zoned B-2 Commercial, offering significant flexibility for a variety of uses. The property's address is 1043-1045 E. Eldorado St, Decatur, IL 62521, and its convenient location within Macon County provides easy access to local amenities and transportation routes. The property's 1966 construction date offers potential for renovation and modernization to enhance its value and appeal to prospective tenants. The asking price of $145,000 makes this a highly attractive investment in the thriving Decatur commercial real estate market. The property's size and zoning provide ample opportunity for growth and expansion, making it an ideal choice for both seasoned investors and those seeking to enter the market. The property's APN is 04-12-14-208-004. This is a rare chance to acquire a well-situated, versatile commercial property in a desirable location.

    Property profile
    Verified
    Property type Office buildings
    Use group OFFICE BUILDING
    Lot 0.28 ac (12,160 SF)
    Zoning code MUNICIPAL
    APN 04-12-14-208-004
    UPID US28-3608522
    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
    • Essence Farms Deca Dispensary (Bike/Boat/Book/etc) Store Cosmetic Store
    • Emilio & Essency Law Group Auto Accident Lawyers Law Firm
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    Newt Investments LLC · 1 yrs held
    Newt Investments LLC
    since 2025
    Last sale
    $140,000
    3 recorded transactions
    2025
    $140,000
    2019
    2013
    $178,000
    Zoning & alternative use
    MUNICIPAL · Decatur, IL
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Try Rey
    Ask anything about this address in plain English.
    “Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
    You own 1043 Eldorado St?
    List it free. Reach 20,000 daily buyers.
    We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
    List this address →
    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message