Mixed-Use Strip
For Lease
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2950 N WATER Street, Decatur, IL 62526
Commercial Lease, Decatur, IL
Space SizeContact for details
Lot Size1.67 Acres
Days on Market281
Property Features for 2950 N WATER Street
General Information
Property type
Commercial Lease
Property subtype
Other
Zoning
COMMERCIAL
Parking
20
Directions
CORNER OF PERSHING RD 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
Forced Air
Cooling system
Central Air
Building Details
Year built
1990
Floors in Building
1
Building materials
Aluminum Siding, Block, Frame
Listing Agency:
The Real Estate Group, Inc.
(217) 787-7000
Listed By:
Jerry George · License #475159363
(217) 638-1360
Added: Jan 2
Changed: Oct 8
Last Checked: Oct 10 at 1:06PM
MLS# CA1041135
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.
This multi-tenant commercial center accommodates office, retail, medical, and restaurant uses. The 1.67-acre property was built in 1990 and has ground-level access, ample parking, forced-air heating, and central air conditioning. Construction includes aluminum siding, block, and frame materials.
The center is on a north-south thoroughfare in Decatur, surrounded by restaurants and retail businesses. Signage is available, and the property is served by public sewer with COMMERCIAL zoning.
The center is on a north-south thoroughfare in Decatur, surrounded by restaurants and retail businesses. Signage is available, and the property is served by public sewer with COMMERCIAL zoning.
Key Highlights
- 1.67‑acre commercial property
- Multi‑tenant center with office, retail, medical, and restaurant uses
- Ground‑level access and ample parking
Property Analytics
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Current Use
Lease Details
Multi-tenant
Tenancy
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
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Market
Vacancy Rate% for Office in Midwest region
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Office, retail, medical, and restaurant tenants share a commercial property with parking and ground-level entry.
Where is this mixed-use property located?
The property is located at 2950 N WATER Street Decatur, IL.
What are key features of this property?
This property features: 1.67‑acre commercial property; Multi‑tenant center with office, retail, medical, and restaurant uses; Ground‑level access and ample parking
