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    Property profile & analytics

    701 Eldorado St Decatur, IL 62522-2120

    • Drive through restaurants
    • 0.36 lot acres
    OFF-MARKET
    Value Estimation
    $110,000
    Last Sale
    Jan 22, 2025
    $90,000
    Location Intelligence
    Property ID
    US28-3610660
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Garcia's Pizza in a Pan / Pizza Restaurant
    • Garcia's Pizza / Pizza Restaurant

    Property Details for 701 Eldorado St

    Lot size
    0.36 lot acres
    Zone code
    MUNICIPAL
    Property type
    Drive through restaurants
    APN
    04-12-15-130-007
    APU
    41215130007

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Decatur
    County
    Macon
    State
    Illinois
    Longitude
    -88.965
    Latitude
    39.8453
    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
    $4,129
    $21,293
    $20,192
    $41,485
    -
    $63,885
    $60,582
    $124,467

    Comparable in this City

    • Value Estimation
      $275,000
      0.25 Acres

      975 Eldorado St

      DRIVE-THRU RESTAURANT, FAST FOOD • 0.25 Acres
      975 Eldorado St, Decatur, IL 62522-2161
      View Details
    • Value Estimation
      $135,000
      0.60 Acres

      824 Eldorado St

      DRIVE-THRU RESTAURANT, FAST FOOD • 0.60 Acres
      824 Eldorado St, Decatur, IL 62522-2123
      View Details
    • Value Estimation
      $525,000
      0.69 Acres

      1080 Eldorado St

      DRIVE-THRU RESTAURANT, FAST FOOD • 0.69 Acres
      1080 Eldorado St, Decatur, IL 62522-2014
      View Details
    • Value Estimation
      $435,000
      1.54 Acres

      976 Eldorado St

      DRIVE-THRU RESTAURANT, FAST FOOD • 1.54 Acres
      976 Eldorado St, Decatur, IL 62522
      View Details
    • Value Estimation
      $445,000
      0.06 Acres

      1093 Main St

      BAR, TAVERN • 0.06 Acres
      1093 Main St, Decatur, IL 62522-2036
      View Details
    • Value Estimation
      $330,000
      0.69 Acres

      1044 Eldorado St

      RESTAURANT • 0.69 Acres
      1044 Eldorado St, Decatur, IL 62522-2014
      View Details

    Similar Nearby for Sale

    • $279,000
      3,000 SF

      Decatur Bar and Billiards Venue

      Established bar and billiards venue with a loyal customer base.
      858 W Green St, Decatur, IL 62522
      View Details
    • $800,000
      14,500 SF

      Mixed-Use Property with Income Potential

      Value-add investment opportunity in Decatur's downtown commercial corridor.
      334 W Main St, Decatur, IL 62522
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    • $812,350
      23.22 Acres

      Prime Macon County Land

      23 Acres, Multi-Use Potential
      0 Main St, Decatur, IL 62522
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    • $297,600
      7,288 SF

      Eldorado Street Investment Opportunity

      Two-story brick building near downtown and Millikin University.
      535 W Eldorado St, Decatur, IL 62522
      View Details
    • $149,999
      6,400 SF

      Commercial Building with Office, Warehouse

      6,900 SF commercial building with office and warehouse space.
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    • $195,000

      Commercial Lot on E Eldorado

      Retail/Office lot for sale in Decatur, Illinois.
      1103 E Eldorado St, Decatur, IL 62522
      View Details
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    701 Eldorado St
    Decatur, IL 62522-2120
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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