701 Eldorado StDecatur, IL 62523

Property Details for 701 Eldorado St

Lot size

0.11 AC

Zone code

MUNICIPAL

Property type

Commercial land

APN

04-12-14-135-004

APU

41214135004

Description

This exceptional 3,000-square-foot vacant restaurant/fast-food space presents a turnkey opportunity in Decatur, Illinois. Located on high-traffic West Eldorado Street (nearly 15,000 vehicles daily), this property boasts excellent visibility and accessibility. The 0.64-acre lot includes ample parking, accommodating two parcels. Previously housing Long John Silvers and Garcia's Pizza, the building offers a drive-thru and is ideally suited for a variety of quick-service or full-service restaurant concepts. Its Class C construction dates back to 1972, and the single-story building sits on a commercially zoned (COM) lot. The property's prime location offers proximity to Millikin University, downtown Decatur, and major roadways including Interstate access, Route 36, US Business Route 51, and Route 48. This is a rare chance to acquire a well-positioned, established restaurant space ready for immediate occupancy. The asking price is $175,000, translating to $58.33 per square foot. The property's APN is 04-12-15-130-007 & 04-12-15-130-005. Don't miss this chance to capitalize on a thriving Decatur location.

• Alternative Use

  Use

  Valuation

  Residential

  $1,424,175

  Hospitality

  $1,304,536

  Educational

  $1,085,359

  Medical

  $1,122,686

  Retail

  $1,688,336

Location Insight

City

Decatur

County

Macon

State

Illinois

Latitude

39.8457

Longitude

-88.9479

CBSA code

19500

CBSA name

DECATUR, IL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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