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Downtown Retail Space
For Lease
$495/Mo

240 S Main Street, Decatur, IL 62523

Retail space in Decatur’s central business district is near dining, services, shops, and civic destinations.

Space SizeContact for details
Days on Market8

Property Features for 240 S Main Street

General Information

Standard status Active

Additional Details

Space Use Retail

Taxes and HOA fees

Annual Taxes $17,989
Listing Agency: Main Place Real Estate
Listed By: Zane Peterson · License #471020044
Source: Exprealty
Added: Oct 14 Changed: Oct 21 Last Checked: Oct 21 at 2:10AM

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

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Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

Located at 240 S Main Street in downtown Decatur, this retail space is set within a commercial district that includes local businesses, restaurants, shops, and service providers. The surrounding area also includes the Macon County Courthouse, Decatur Civic Center, and Millikin University. Nearby businesses and services contribute to a walkable setting.

Key Highlights

  • Address: 240 S Main Street, Decatur, IL 62523
  • Downtown Decatur setting among local businesses, dining, shops, and services
  • Near the Macon County Courthouse, Decatur Civic Center, and Millikin University

Property Analytics

Current Use

Northwestern Mutual Financial Advisor Inventions Christian Radio Radio Station

Suggested Use

Top Pick Bakery Pharmacy Storage Facility Garden Center Locksmith Skin Care Clinic

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

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

1,307
Businesses Nearby
14k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 100%
Circle K Shops & Services
12,904 visits/mo 0.5 miles
Firestone Complete Auto Care Shops & Services
1,528 visits/mo 0.4 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

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025

Frequently Asked Questions

What type of property is this?
Retail space - Retail space in Decatur’s central business district is near dining, services, shops, and civic destinations.
Where is this retail space located?
The property is located at 240 S Main Street Decatur, IL.
What is the lease rate?
The lease rate is $495/Mo.
What are key features of this property?
This property features: Address: 240 S Main Street, Decatur, IL 62523; Downtown Decatur setting among local businesses, dining, shops, and services; Near the Macon County Courthouse, Decatur Civic Center, and Millikin University
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