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New Construction Retail Center
For Sale
$2,700,000

1219 E Cedar Street, New Baden, IL 62265

Commercial Sale, New Baden, IL

Property Size9,000 SF
Lot Size0.90 Acres
Price / SF$300
Days on Market184

Property Features for 1219 E Cedar Street

General Information

Property type Commercial Sale
Property subtype Retail
Parking 35
Subdivision Subdivision Billhartz Add
Standard status Active
APN 11-10-18-254-022
Lot size 0.90 Acres

Taxes and HOA fees

Tax Year 2024
Tax Annual Amount 1396

Utilities

Utilities Cable Available
Heating system Natural Gas, Forced Air
Cooling system Central Air, ENERGY STAR Qualified Equipment, Electric
Water source Public

Building Details

Year built 2024
Floors in Building 1
Listing Agency: Strano & Associates
Listed By: Jay Kehrer · License #475166243
Added: Mar 27 Changed: Sep 26 Last Checked: Sep 26 at 9:06PM
MLS# 26003328

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, this approximately 9,000-square-foot commercial center is configured for up to seven retail spaces. The property includes an occupied suite leased to State Farm Insurance, along with additional space that can accommodate retail users and a larger-format occupant. The builder has indicated flexibility regarding future build-out, including the possibility of tailoring individual areas before closing.

The property is located at 1219 E Cedar Street in New Baden, Illinois. A new Village Hall, Police Department, and Emergency Services complex is being constructed across the street, with completion anticipated in Summer 2026. Building systems include forced-air heating, natural gas, central air, electric cooling, and ENERGY STAR Qualified Equipment. Public water and cable availability are also provided.

Key Highlights

  • Approximately 9,000 square feet of commercial space
  • Configured for up to seven retail spaces
  • Suite #2 is currently occupied by State Farm Insurance

Property Analytics

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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

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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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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Frequently Asked Questions

What type of property is this?
Shopping center - Multi-suite commercial property with flexible space for retail occupancy and an existing State Farm Insurance tenant.
Where is this shopping center located?
The property is located at 1219 E Cedar Street New Baden, IL.
What is the asking price?
The asking price for this property is $2,700,000.
What are key features of this property?
This property features: Approximately 9,000 square feet of commercial space; Configured for up to seven retail spaces; Suite #2 is currently occupied by State Farm Insurance
More about this property
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