Brick Retail Building on Main
3695 E WILLIAM ST RD, Decatur, IL 62521
New
Built in 2017, this brick retail building offers strong visibility and easy access on a high-traffic corridor.
Type:Retail
Property size:
2,443 SFPrice / SF:
$151/SF- Added:
- Jun 22, 2026
- Days on Market:
- 6
- Last Refresh:
- Jun 25 at 9:34 pm
Property Features for 3695 E WILLIAM ST RD
General Information
- Standard status
- Active
- Size
- 2,443 SF
- Property subtype
- Retail
Building Details
- Year Built
- 2017
Listing office Brinkoetter Realtors
Listing date Jun 22, 2026
Source Crexi
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 Brinkoetter Realtors
HighLights
- Brick retail building built in 2017
- Located on E William Street Road on a well‑traveled, high‑traffic corridor
- Strong visibility and easy access along the corridor
- Convenient connections to Interstate 72 and other major thoroughfares
- Near major employers, shopping, dining, medical facilities, and Lake Decatur
Overview
This for-sale retail building features brick construction and was built in 2017, offering a low-maintenance exterior profile. The building sits on a commercial parcel sized for retail use, providing a straightforward footprint for an operator seeking an established, modern shell.
Located on Decatur’s east side along E William Street Road, the property benefits from placement on a well-traveled corridor. Public remarks cite strong traffic counts and easy access, with convenient connections to Interstate 72 and other major thoroughfares. The surrounding area includes nearby employers, shopping, dining, medical facilities, and Lake Decatur.
For tenants, buyers, or redevelopment-minded users, this site’s core value is accessibility paired with street-facing visibility for retail concepts that rely on walk-by and drive-by exposure. The building’s relatively recent construction date may help reduce near-term exterior upkeep compared with older commercial structures. If you’re looking for a retail property with easy access and a prominent position on a busy road, this offering on E William Street Road is worth reviewing.
Located on Decatur’s east side along E William Street Road, the property benefits from placement on a well-traveled corridor. Public remarks cite strong traffic counts and easy access, with convenient connections to Interstate 72 and other major thoroughfares. The surrounding area includes nearby employers, shopping, dining, medical facilities, and Lake Decatur.
For tenants, buyers, or redevelopment-minded users, this site’s core value is accessibility paired with street-facing visibility for retail concepts that rely on walk-by and drive-by exposure. The building’s relatively recent construction date may help reduce near-term exterior upkeep compared with older commercial structures. If you’re looking for a retail property with easy access and a prominent position on a busy road, this offering on E William Street Road is worth reviewing.
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $32.2k | $13.20 |
| − Vacancy | −$903 | −$0.37 |
| EGI | $31.3k | $12.83 |
| − OpEx | −$9.4k | −$3.85 |
| NOI | $21.9k | $8.98 |
2,443 SF · lease $13.20/SF/yr · vacancy 2.80% · expense 30.00%
Alternative Uses
Best Use
Retail
$313.4K
$274.3K – $365.7K
NOI $21,941 @ 7.0% cap · market cap 5.95%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$410.3K
$359.1K – $478.7K
NOI $28,724 @ 7.0% cap · market cap 7.78%
Zoning and permitted uses should be independently verified with local authorities.
Location Intelligence
Current Use by Public Records
Staley Credit Union
Credit Union
United Equity Credit ...
Credit Union
Location Insight
- Map
- Local Demand
- City
- Decatur
- County
- Macon
- State
- Illinois
- Longitude
- -88.9004592
- Latitude
- 39.8492378
Nearby Similar for Sale
FAQs
What type of property is this?
Retail space - Built in 2017, this brick retail building offers strong visibility and easy access on a high-traffic corridor.
Where is this retail space located?
The property is located at 3695 E WILLIAM ST RD Decatur, IL.
What is the asking price?
The asking price for this property is $369,000.
What are key features of this property?
This property features: Brick retail building built in 2017; Located on E William Street Road on a well‑traveled, high‑traffic corridor; Strong visibility and easy access along the corridor
