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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 Natural Gas, Electric (Heating), Forced Air
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# 24057206

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.

Built in 2024, this retail center offers 1,000-square-foot suites that may be combined to create larger premises. Unit 3 is rough-framed, while Units 4 through 7 are open and currently configured for flexible planning. Unit 1 comprises three combined units and is occupied by a trade contractor business; Unit 2 is leased to State Farm Insurance. Suite layouts can be customized to suit individual business requirements.

The property is positioned at a corner location on Cedar Street in New Baden. City-owned land across Cedar Street is being developed for a Village Hall, Police Department, and Emergency Services facility. The building includes natural gas, electric, and forced-air heating, along with electric central air conditioning, public water, public sewer, and cable availability.

Key Highlights

  • 1,000‑square‑foot retail suites with the ability to combine multiple units
  • Built in 2024 at a corner location on Cedar Street
  • Units 4 through 7 are currently open for occupancy

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 - Retail suites support flexible configurations for businesses seeking a dedicated commercial location.
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‑foot retail suites with the ability to combine multiple units; Built in 2024 at a corner location on Cedar Street; Units 4 through 7 are currently open for occupancy
More about this property
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