Fully Leased Storefront
For Sale
Contact for pricing
155 N Water St, Decatur, IL 62523
Updated building systems and recent interior improvements support retail and professional occupancy in downtown Decatur.
Property SizeContact for details
Days on Market142
Property Features for 155 N Water St
General Information
Standard status
Active
Property subtype
Retail
Occupancy
100%
Additional Details
Corner Location
Yes
Building Details
Year Renovated
2023
Buildings
1
Tenancy
Multi
Listing Agency:
Vieweg Real Estate
(217) 433-0839
Listed By:
AJ Speasl · License #IL475.208164
Source:
Crexi
Added: Apr 12
Changed: Aug 30
Last Checked: Aug 30 at 9:32PM
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 Vieweg Real Estate
Investment Insights
Based on property information with market context.
Located at 155 N Water St in Decatur, Illinois, this storefront property is fully leased and occupied. The building has received a new roof and HVAC system, both installed in 2023, along with three interior buildouts completed during the past five years. These improvements provide updated core systems and multiple refreshed interior configurations for retail and professional tenants.
The property occupies a corner in downtown Decatur and is surrounded by restaurants, offices, and public institutions. Its setting places the building within the city’s urban core and provides a walkable downtown context. Current occupancy is reported at 100%, with ongoing capital improvements documented through the recent roof, HVAC, and interior buildout work.
The property occupies a corner in downtown Decatur and is surrounded by restaurants, offices, and public institutions. Its setting places the building within the city’s urban core and provides a walkable downtown context. Current occupancy is reported at 100%, with ongoing capital improvements documented through the recent roof, HVAC, and interior buildout work.
Key Highlights
- Fully leased storefront property with 100% occupancy
- New roof and HVAC system installed in 2023
- Three interior buildouts completed during the past five years
Property Analytics
Property Profile
Current Use
Lease Details
100%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
1,367
Businesses Nearby
17k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 100%
Circle K
Shops & Services
12,904 visits/mo
0.3 miles
Marathon Petroleum
Shops & Services
2,391 visits/mo
0.5 miles
Firestone Complete Auto Care
Shops & Services
1,528 visits/mo
0.2 miles
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
Vacancy Rate% for Retail in Midwest region
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Frequently Asked Questions
What type of property is this?
Storefront property - Updated building systems and recent interior improvements support retail and professional occupancy in downtown Decatur.
Where is this storefront property located?
The property is located at 155 N Water St Decatur, IL.
What are key features of this property?
This property features: Fully leased storefront property with 100% occupancy; New roof and HVAC system installed in 2023; Three interior buildouts completed during the past five years
