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1701 Locust St
Eldorado, IL 62930
Retail Property For Sale
Investment Highlights
- Three separate storefronts create multiple occupancy and income opportunities.?
- Flexible mixed-use layout supports a variety of business and ownership strategies.
- Centrally located along Eldorado's main commercial corridor.
Executive Summary
1701 Locust Street offers an opportunity to acquire a mixed-use commercial asset in the heart of downtown Eldorado. Positioned along the city's main street corridor, the property combines retail storefront exposure with residential or storage space above, creating multiple avenues for occupancy and income generation. The all-brick, two-story structure provides a substantial footprint and a flexible layout suitable for investors, entrepreneurs, or owner-users seeking a property that can accommodate a variety of business and residential uses.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
5,000 SF
Building Class
C
Year Built
1959
Price
$29,900
Price Per SF
$5.98
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.96
Lot Size
0.12 AC
Property Taxes
| Parcel Number | 04-2-273-04 | Improvements Assessment | $2,722 |
| Land Assessment | $1,541 | Total Assessment | $4,263 |
Property Taxes
Parcel Number
04-2-273-04
Land Assessment
$1,541
Improvements Assessment
$2,722
Total Assessment
$4,263
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