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Property profile & analytics
FOR LEASE
Drive through restaurants

1627 E Eldorado St Decatur, IL 62521

0.55 ac lot
Entity Owned 4-yr Hold ~ Est. High Equity
Property ID
US28-4206649
Property summary
AI-generated overview

This exceptional retail space, located at 1627 E. Eldorado Street in Decatur, IL, presents a unique investment opportunity. The property, built in 2013, sits on a 0.55-acre lot and boasts a single-story, 1,700 square foot building. Previously utilized as a restaurant and gaming cafe, the space is ideally suited for food service businesses due to its existing infrastructure and restrooms. However, its versatile design allows for adaptation to a variety of retail or entertainment uses. The property benefits from ample parking and enjoys a highly desirable corner location on a high-traffic corridor (US RT 36), experiencing over 15,000 vehicles per day, ensuring excellent visibility and accessibility. This prime location offers significant advantages, with close proximity to major employers such as Premient, CAT, and ADM, guaranteeing a substantial customer base. The property also benefits from co-tenancy with a high-volume Subway, further enhancing its appeal. The sublandlord is open to negotiation. This turnkey space is ready for immediate occupancy and customization to meet your specific business needs. The property's APN is 04-12-13-108-001, located in Macon County.

Property profile
Verified
Property type Drive through restaurants
Use group DRIVE-THRU RESTAURANT, FAST FOOD
Lot 0.55 ac (23,958 SF)
Zoning code MUNICIPAL
APN 04-12-13-108-001
UPID US28-4206649
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
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Map Real Estate Investments Limited · 4 yrs held
Map Real Estate Investments Limited
since 2021
Last sale
$450,000
4 recorded transactions
2021
Price N/A
2019
Price N/A
2018
Price N/A
2009
$450,000
Zoning & alternative use
MUNICIPAL · Decatur, IL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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