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Up to 6-Unit Retail Strip
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 Market329

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 20 at 5:06PM
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.

Up to six retail units are available within the New Baden Center retail strip, with each unit sized at 1,000 sq ft. Unit 1 is described as a triple unit and is already taken, while Unit 3 is rough framed to the 1,000 sq ft configuration. Units can also be combined to create larger spaces, and the units can be made custom to tenant needs. Unit 2 is leased to State Farm Insurance.

The property sits on a 0.9-acre lot at 1219 E Cedar Street, positioned as a corner retail-center location. Heating is provided via forced air with natural gas and electric options, and cooling is electric central air. The roof is flat, with public water and public sewer, and cable available.

For additional context, the ground located just across Cedar St has been purchased by the city of New Baden, which is building a new Village Hall, Police Department, and Emergency Services to that location.

Key Highlights

  • Up to six retail units available at 1,000 sq ft each
  • Unit 1 is a triple unit and is already taken
  • Unit 2 is leased to State Farm Insurance

Property Analytics

Current Use

Strip malls

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

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
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Frequently Asked Questions

What type of property is this?
Strip mall - New 2024 retail strip designed for flexible unit layouts with central air and forced-air heating.
Where is this strip mall 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: Up to six retail units available at 1,000 sq ft each; Unit 1 is a triple unit and is already taken; Unit 2 is leased to State Farm Insurance
More about this property
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