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Retail Units in Corner 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 Electric (Heating), Forced Air, Natural Gas
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 6:06PM
MLS# 24057215

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.

New Baden Center offers multiple retail units within a developing retail strip, with up to six units available. Unit 1 is a triple unit and is already taken. Unit 2 is leased to State Farm Insurance, while Unit 3 is rough framed for its approximately 1,000-square-foot space. Units 4 through 7 are currently open and can be combined, and the units can be made custom to fit business needs.

The property is described as a city corner location within the New Baden retail center along E Cedar Street. The public remarks indicate redevelopment nearby, including a city purchase across Cedar St for construction of a new Village Hall, Police Department, and Emergency Services.

If you need a smaller footprint, individual units are available, and for larger requirements, adjacent open units may be combined to create additional space.

Key Highlights

  • New Baden Center retail strip built in 2024 with flat roof
  • Up to 6 retail units available at 1,000 sq ft each; units can be combined for larger space
  • Unit 1 is a triple unit and is already taken

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
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Strip mall - Vacant retail units in a new strip center, with options to combine multiple spaces for larger layouts.
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: New Baden Center retail strip built in 2024 with flat roof; Up to 6 retail units available at 1,000 sq ft each; units can be combined for larger space; Unit 1 is a triple unit and is already taken
More about this property
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