Multi-Tenant Retail/Office
For Lease
Contact for pricing
2950 N WATER Street, Decatur, IL 62526
COMMERCIAL - Decatur, IL
Space SizeContact for details
Lot Size1.67 Acres
Days on Market230
Property Features for 2950 N WATER Street
General Information
Property type
Commercial Lease
Property subtype
Other
Zoning
COMMERCIAL
Parking
20
Directions
CORNER OF PERISHING AND N WATER ST
Standard status
Active
APN
04-12-02-101-003
Lot size
1.67 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
34058
Utilities
Sewer type
Public Sewer
Heating system
Electric (Heating)
Cooling system
Central Air
Amenities
signage available
Building Details
Year built
1970
Floors in Building
1
Flooring type
Concrete, Carpet
Building materials
Aluminum Siding, Block
Listing Agency:
The Real Estate Group, Inc.
(217) 787-7000
Listed By:
Jerry George · License #475159363
(217) 638-1360
Added: Jan 2
Changed: Aug 4
Last Checked: Aug 20 at 6:06PM
MLS# CA1041137
Copyright © 2026 RMLS Alliance. 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.
Suite 130 is available for lease within a multi-tenant strip center that supports office, retail, medical, and restaurant uses. The available spaces may be renovated to suit, and the center offers ground-level access for straightforward tenant operations.
Located at 2950 N WATER Street in Decatur, Illinois, the property sits on a busy north-south thoroughfare with traffic and signage visibility. Ample parking is available for customer and staff convenience. The lease is $1,200 per month, and the tenant is responsible for all utilities.
Located at 2950 N WATER Street in Decatur, Illinois, the property sits on a busy north-south thoroughfare with traffic and signage visibility. Ample parking is available for customer and staff convenience. The lease is $1,200 per month, and the tenant is responsible for all utilities.
Key Highlights
- Multi‑tenant office/retail/medical/restaurant strip center on a busy north‑south thoroughfare
- Suite 130 listed at $1,200/month lease; tenant pays all utilities
- Ample parking with ground‑level access
Property Analytics
Property Profile
Current Use
Lease Details
Multi-tenant
Tenancy
Yes
Paved road access
Yes
Utilities to site
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
787
Businesses Nearby
Explore this area
Business Placement
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
Market
Vacancy Rate% for Office in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Retail space - For rent Suite 130 in a multi-tenant strip center with ground-level access and ample parking; spaces may be renovated.
Where is this retail space located?
The property is located at 2950 N WATER Street Decatur, IL.
What are key features of this property?
This property features: Multi‑tenant office/retail/medical/restaurant strip center on a busy north‑south thoroughfare; Suite 130 listed at $1,200/month lease; tenant pays all utilities; Ample parking with ground‑level access
