B-3 Zoned Strip
For Sale
Contact for pricing
1423 E Mound Rd, Decatur, IL 62526
B-3 zoned strip center offering flexible space within a multi-tenant retail configuration.
Property Size11,856 SF
Price / SF$54.82
Days on Market273
Property Features for 1423 E Mound Rd
General Information
Standard status
Active
Size
11,856 SF
Property subtype
RETAIL
Zoning
B-3
Listing Agency:
Main Place Real Estate
(217) 422-3330
Listed By:
Zane Peterson · License #471020044
(217) 454-8800
Source:
Moodyscre
Added: Dec 15, 2025
Changed: Aug 13
Last Checked: Sep 13 at 10:11AM
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 Main Place Real Estate
Investment Insights
Based on property information with market context.
This offering includes a 6,000 SF B-3 zoned strip center built out with flexible space suitable for multiple commercial uses. The property is positioned as part of a two-property package along Decatur’s Mound Road corridor.
Also included is a separate 5,856 SF B-1 zoned standalone building at 1411 E Mound Rd, formerly operating as Subway. Together, the buildings provide two distinct retail configurations with visible presence along a busy commercial roadway.
The 1423–1427 E Mound Rd asset is designed as a strip center, supporting a tenant mix within a single property footprint while remaining adaptable to a range of retail-oriented uses permitted under B-3 zoning.
Also included is a separate 5,856 SF B-1 zoned standalone building at 1411 E Mound Rd, formerly operating as Subway. Together, the buildings provide two distinct retail configurations with visible presence along a busy commercial roadway.
The 1423–1427 E Mound Rd asset is designed as a strip center, supporting a tenant mix within a single property footprint while remaining adaptable to a range of retail-oriented uses permitted under B-3 zoning.
Key Highlights
- 6,000 SF B‑3 zoned strip center at 1423–1427 E Mound Rd with flexible space for multiple commercial uses
- 5,856 SF B‑1 zoned standalone building at 1411 E Mound Rd, formerly Subway, suited for retail or restaurant use
- Two retail properties positioned along Decatur’s busy Mound Road corridor
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
207
Businesses Nearby
17k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 82%
Dining 18%
Circle K
Shops & Services
13,616 visits/mo
0.1 miles
SUBWAY
Dining
2,030 visits/mo
0.1 miles
Cold Stone Creamery
Dining
877 visits/mo
0.0 miles
Demographics for 62526, IL
31,758
Population
16,425
Households
1.9
Avg Household Size
41
Median Age
20%
College-Educated
92%
High-School Grad
66.0 sq mi
ZIP Area
481
Density / Sq Mi
$48,222
Median Household Income
$39,048
Median Earnings
$785
Median Rent
$91,500
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in Midwest region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Strip mall - B-3 zoned strip center offering flexible space within a multi-tenant retail configuration.
Where is this strip mall located?
The property is located at 1423 E Mound Rd Decatur, IL.
What is the asking price?
The asking price for this property is $650,000.
What are key features of this property?
This property features: 6,000 SF B‑3 zoned strip center at 1423–1427 E Mound Rd with flexible space for multiple commercial uses; 5,856 SF B‑1 zoned standalone building at 1411 E Mound Rd, formerly Subway, suited for retail or restaurant use; Two retail properties positioned along Decatur’s busy Mound Road corridor
