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Corner Storefront Property
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1174 E Locust St, Decatur, IL 62521

Retail use continues in a historic building with a new roof and street visibility.

Property SizeContact for details
Days on Market143

Property Features for 1174 E Locust St

General Information

Standard status Active
Property subtype Office

Additional Details

Corner Location Yes

Building Details

Buildings 1
Listing Agency: Vieweg Real Estate
Listed By: AJ Speasl · License #IL475.208164
Source: Crexi
Added: Apr 12 Changed: Aug 31 Last Checked: Aug 31 at 5:23AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Vieweg Real Estate

Investment Insights

Based on property information with market context.

This storefront property occupies a historic building associated with Decatur’s early firehouse history and has continued operating as a retail store. The structure retains its original design while incorporating a new roof and flashing.

Positioned at the corner of Jasper and E. Locust streets, the property offers street visibility and functional vehicle access through two drive-in doors, including one overhead door. The existing retail configuration and substantial interior space support continued commercial use.

Key Highlights

  • Historic building associated with Decatur’s early firehouse history
  • Currently operating as a retail store
  • Original building design retained

Property Analytics

Current Use

Storefront properties

Suggested Use

Top Pick Real Estate Agency Law Firm Parking Lot & Garage Hair Salon Spa & Massage Center Skin Care Clinic

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

Location Intelligence

Trade Area within ½ mile

207
Businesses Nearby
Under-served
Demand for This Use

Demographics for 62521, IL

33,793
Population
16,169
Households
2.1
Avg Household Size
44
Median Age
22%
College-Educated
91%
High-School Grad
66.0 sq mi
ZIP Area
512
Density / Sq Mi
$66,848
Median Household Income
$41,945
Median Earnings
$857
Median Rent
$119,900
Median Home Value

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
Rey
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Similar Off Market Nearby

  • Kennicott Brothers Company 1695 N 21st St, Decatur, IL 62526

Frequently Asked Questions

What type of property is this?
Storefront property - Retail use continues in a historic building with a new roof and street visibility.
Where is this storefront property located?
The property is located at 1174 E Locust St Decatur, IL.
What are key features of this property?
This property features: Historic building associated with Decatur’s early firehouse history; Currently operating as a retail store; Original building design retained
(217) 433-0839 Call to check price and availability
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