Current and former residents often reflect with nostalgia growing up in Eldorado, and doing business in the downtown area. At the center of it is a five-way intersection. A Ben Franklin store stood for decades on the corner of Fourth and Locust streets. The Dairy Queen was a popular hangout, until it relocated outside of the downtown in the 1990s. There were two banks, two grocery stores, and several specialty shops, until the businesses began to disappear due to job loss, a population decrease, and the move to businesses on the highways.