Shopping Center with Multiple Retail
For Sale
$2,700,000
1219 E Cedar Street, New Baden, IL 62265
New Baden Center shopping center offers up to seven retail spaces, including a currently leased suite with State Farm Insurance.
Property Size9,000 SF
Price / SF$300
Days on Market127
Property Features for 1219 E Cedar Street
General Information
Standard status
Active
Size
9,000 SF
Property subtype
Commercial
Building Details
Building Size
9,000 SF
Year Built
2024
Buildings
1
Tenancy
Multi
Listing Agency:
Strano & Associates
(618) 670-2422
Listed By:
Jay Kehrer · License #475166243
(618) 670-2422
Source:
Century21laclede
Added: Mar 26
Changed: Jul 29
Last Checked: Jul 29 at 2:25PM
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 Strano & Associates
Investment Insights
Based on property information with market context.
New Baden Center is a 2024 newly built shopping center with roughly 9,000 sq ft designed for retail flexibility. The layout supports up to seven retail spaces, with six suites planned at 1,000 sq ft each. Suite #2 is currently rented to State Farm Insurance.
Suite #1 totals 3,000 sq ft and was designed by the builder/owner for a future specialized construction trade distribution center. Suite #3 has space laid out for the next 1,000 sq ft unit, with additional interest reported from prospective businesses. The remaining 4,000 sq ft is an open layout intended to accommodate a larger tenant.
The Village of New Baden is building a new Village Hall, Police Department, and Emergency Services complex across the street, with the project anticipated to be complete in Summer of 2026.
Suite #1 totals 3,000 sq ft and was designed by the builder/owner for a future specialized construction trade distribution center. Suite #3 has space laid out for the next 1,000 sq ft unit, with additional interest reported from prospective businesses. The remaining 4,000 sq ft is an open layout intended to accommodate a larger tenant.
The Village of New Baden is building a new Village Hall, Police Department, and Emergency Services complex across the street, with the project anticipated to be complete in Summer of 2026.
Key Highlights
- 2024 newly built shopping center with roughly 9,000 sq ft
- Up to seven retail spaces planned, including six suites at 1,000 sq ft each
- Suite #2 currently rented to State Farm Insurance
Property Analytics
Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
204
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
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
Vacancy Rate% for Retail in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Shopping center - New Baden Center shopping center offers up to seven retail spaces, including a currently leased suite with State Farm Insurance.
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: 2024 newly built shopping center with roughly 9,000 sq ft; Up to seven retail spaces planned, including six suites at 1,000 sq ft each; Suite #2 currently rented to State Farm Insurance
