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New Retail Strip Center
For Lease
$2,000/Mo

1219 E Cedar Street, New Baden, IL 62265

Commercial Lease, New Baden, IL

Space Size1,000 SF - 4,000 SF
Lot Size0.90 Acres
Days on Market340

Property Features for 1219 E Cedar Street

General Information

Property type Commercial Lease
Property subtype Retail
Subdivision Subdivision Billhartz Add
Directions State Route 161/ Hanover Street New Baden to North on State Route 160, turn on East Cedar St
Standard status Active
APN 11-10-18-254-022
Size 1,000 SF
Lot size 0.90 Acres

Taxes and HOA fees

Tax Year 2022
Tax Annual Amount 1288

Utilities

Utilities Cable Available
Sewer type Public Sewer
Heating system Electric (Heating), Forced Air, Natural Gas
Cooling system Electric, Central Air
Water source Public

Building Details

Year built 2024
Floors in Building 1
Roof type Flat
Listing Agency: Strano & Associates
Listed By: Jay Kehrer · License #475166243
Added: Sep 26, 2025 Changed: Aug 19 Last Checked: Aug 31 at 1:06AM
MLS# 24057215

Copyright © 2026 Mid America Regional Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

Completed in 2024, the New Baden Center is a retail strip property offering 1,000 square feet of space per unit. Suites may be combined to create larger layouts, and interior configurations can be tailored to individual business requirements. Unit 3 is rough framed, while Units 4-7 are open and can be combined. Existing occupancy includes State Farm Insurance and a trade contractor business occupying a triple unit.

The center occupies a 0.9-acre site at the corner of E Cedar Street and is positioned across Cedar Street from land purchased by the City of New Baden for a new Village Hall, Police Department, and Emergency Services facility. The property has public water, public sewer, electric heating and cooling, forced-air and natural-gas heating options, central air, cable availability, and a flat roof.

Key Highlights

  • 1,000 square feet per retail unit with larger layouts possible by combining suites
  • 2024‑built retail strip center at a corner location
  • Units 4‑7 are open and can be combined

Property Analytics

Current Use

Shopping centers

Suggested Use

Top Pick Dental Office Building Supply Real Estate Agency Restaurant Pharmacy Law Firm

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Multi-tenant
Tenancy
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

134
Businesses Nearby
Balanced
Demand for This Use

Demographics for 62265, IL

4,446
Population
1,879
Households
2.4
Avg Household Size
38
Median Age
25%
College-Educated
93%
High-School Grad
33.6 sq mi
ZIP Area
132
Density / Sq Mi
$88,097
Median Household Income
$50,896
Median Earnings
$1,158
Median Rent
$173,600
Median Home Value

Market

Lease Benchmarks for New Baden, IL

$24 /SF/Yr
Avg Asking Price
$24–$24 /SF/Yr
Price Range
1,000 SF
Avg Space Size

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Shopping center - Newly built retail space offers customizable suites in a multi-unit center with public water and sewer service.
Where is this shopping center located?
The property is located at 1219 E Cedar Street New Baden, IL.
What is the lease rate?
The lease rate is $2,000/Mo.
What are key features of this property?
This property features: 1,000 square feet per retail unit with larger layouts possible by combining suites; 2024‑built retail strip center at a corner location; Units 4‑7 are open and can be combined
More about this property
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