Third-Floor Office
For Lease
Contact for pricing
132 S Water Street 3rd floor Decatur, Decatur, IL 62523
Available for rent, this third-floor office suite offers proximity to downtown employers and local education partners.
Space Size797 SF - 2,013 SF
Days on Market63
Property Features for 132 S Water Street 3rd floor Decatur
General Information
Standard status
Active
Size
797 SF - 2,013 SF
Class
A
Property subtype
Office
Building Details
Tenancy
Multiple
Spaces For Lease
at 132 S Water Street 3rd floor Decatur Contact us- Type
- Office
- Lease Type
- Full Service
- Availability
- Active
Coworking
- Type
- Office
- Lease Type
- Full Service
- Availability
- Active
Membership CW
- Type
- Office
- Lease Type
- Full Service
- Availability
- Active
Office for 1 person
- Type
- Office
- Lease Type
- Full Service
- Availability
- Active
Virtual office
- Type
- Office
- Lease Type
- Full Service
- Availability
- Active
Membership office
- Type
- Office
- Lease Type
- Full Service
- Availability
- Active
Office for 2 people
- Type
- Office
- Lease Type
- Full Service
- Availability
- Active
Office for 3 people
- Type
- Office
- Lease Type
- Full Service
- Availability
- Active
Office for 4 people
- Type
- Office
- Lease Type
- Full Service
- Availability
- Active
Office for 5 people
- Type
- Office
- Lease Type
- Full Service
- Availability
- Active
Office for +10
- Type
- Office
- Lease Type
- Full Service
- Availability
- Active
Office for +15
- Size
- 797 SF
- Type
- Office
- Lease Type
- Full Service
- Availability
- Active
Big Block 20
- Size
- 991 SF
- Type
- Office
- Lease Type
- Full Service
- Availability
- Active
Big Block 25
- Size
- 1,195 SF
- Type
- Office
- Lease Type
- Full Service
- Availability
- Active
Big Block 30
- Size
- 1,583 SF
- Type
- Office
- Lease Type
- Full Service
- Availability
- Active
Big Block 40
- Size
- 2,013 SF
- Type
- Office
- Lease Type
- Full Service
- Availability
- Active
Big Block 50
Show more
Listing Agency:
Regus
Listed By:
Regus US Admin · License #0000
Source:
Crexi
Added: Jun 10
Changed: Aug 8
Last Checked: Aug 11 at 11:19AM
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 Regus
Investment Insights
Based on property information with market context.
This third-floor office suite is available for rent and is suited for professional teams seeking dedicated workspace within a commercial setting on South Water Street. The layout provides an office-use configuration appropriate for day-to-day business operations.
The property is positioned in Decatur near downtown and the East Eldorado Street corridor, offering convenient connectivity for employees and clients. Area demand is supported by the presence of major employers such as Archer Daniels Midland and Tate & Lyle, along with access to talent from Millikin University and Richland Community College.
For prospective tenants, the suite’s office-oriented setup and downtown-adjacent positioning make it a practical choice for firms that want to locate close to established employers and nearby higher-education resources. Whether you’re expanding an existing operation or planning a new office footprint, this rental space provides a straightforward option on the third floor for business users.
The property is positioned in Decatur near downtown and the East Eldorado Street corridor, offering convenient connectivity for employees and clients. Area demand is supported by the presence of major employers such as Archer Daniels Midland and Tate & Lyle, along with access to talent from Millikin University and Richland Community College.
For prospective tenants, the suite’s office-oriented setup and downtown-adjacent positioning make it a practical choice for firms that want to locate close to established employers and nearby higher-education resources. Whether you’re expanding an existing operation or planning a new office footprint, this rental space provides a straightforward option on the third floor for business users.
Key Highlights
- Third‑floor office suite available for rent in Decatur
- Located near downtown and the East Eldorado Street corridor
- Close to major employers including Archer Daniels Midland and Tate & Lyle
Property Analytics
Property Profile
Current Use
Lease Details
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
186
Businesses Nearby
Explore this area
Business Placement
Demographics for 62523, IL
886
Population
364
Households
2.4
Avg Household Size
40
Median Age
5%
College-Educated
68%
High-School Grad
0.4 sq mi
ZIP Area
2,215
Density / Sq Mi
$333
Median Rent
Market
Lease Benchmarks for Decatur, IL
$14.51 /SF/Yr
Avg Asking Price
$10–$24 /SF/Yr
Price Range
2,934 SF
Avg Space Size
Vacancy Rate% for Office in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office units - Available for rent, this third-floor office suite offers proximity to downtown employers and local education partners.
Where is this office units located?
The property is located at 132 S Water Street 3rd floor Decatur Decatur, IL.
What are key features of this property?
This property features: Third‑floor office suite available for rent in Decatur; Located near downtown and the East Eldorado Street corridor; Close to major employers including Archer Daniels Midland and Tate & Lyle
