Decatur, IL Commercial Real Estate for Sale

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Decatur Office Investment Opportunity
Updated: Jan 6, 2025
Decatur Office Investment Opportunity

405-427 E Ash Ave, Decatur, IL

$1,211,306
11,469 sqft 0.74 AC lot
Office investment building with three of four suites currently occupied by tenants.
Roof replaced in 2020.
Suites at 405 & 427 E. Ash Ave have undergone extensive renovations.
Constructed in 1997 and updated in recent years.
Suite 419 E. Ash Ave is available with 1,029 SF, reception area, 3 private offices, and shared restrooms & server room.
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405-427 E Ash Ave, Decatur, IL

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Retail Shopping Center Storefront Suites
Updated: Jul 6
Retail Shopping Center Storefront Suites

2950 N WATER Street, Decatur, IL 62526

$1,200,000
1.67 AC lot
Shopping center suites 220 and 230 available within a multi‑suite retail center on N Water St (US‑51)
Direct storefront entries with open retail floor plates plus rear service areas and private restrooms
Brick and frame construction with tile flooring and a flat roof
Heating: forced air; cooling: central air; year built 1970
Public sewer service and utilities available for tenant use (confirm metering and any included trade fixtures)
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Agricultural Land Development Tract
Agricultural Land Development Tract

Arbor Dr, Decatur, IL 62526

$1,838,700
61.29 AC lot

Productive farmland totaling 61.29+/- acres, offered as a potential residential or multi-family development site near major routes.

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Historic Three-Story Mixed-Use Building
Historic Three-Story Mixed-Use Building

170 N Merchant St, Decatur, IL 62523

$545,000
12,480 sqft

Three-story brick property with restaurant, retail, office, and residential space for flexible downtown tenancy.

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Industrial Flex Office Warehouse
Industrial Flex Office Warehouse

1591 N WATER ST, Decatur, IL 62526

$395,000
9,510 sqft 0.49 AC lot

Versatile industrial flex building with finished office space, warehouse with dock and drive-in doors, and climate-controlled storage.

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Medical/Office Building on High-Visibility Corridor
Medical/Office Building on High-Visibility Corridor

3131 N Water St, Decatur, IL 62526

$1,400,000
6,200 sqft 1.17 AC lot

Freestanding 6,200 SF building ideal for medical or professional services.

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Versatile Lakefront Headquarters Building
Versatile Lakefront Headquarters Building

500 S 27th St, Decatur, IL 62521

$2,750,000
153,021 sqft 25.80 AC lot

Former Illinois Power HQ with versatile space on 25.8 acres.

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Flex Retail and Warehouse Building
Flex Retail and Warehouse Building

1971 E Pershing Road, Decatur, IL 62526

$595,000
10,456 sqft

Front retail showroom with rear warehouse or storage, with overhead doors and ample on-site parking.

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Medical Office Building For Sale
Medical Office Building For Sale

675 E Snyder Dr, Decatur, IL 62526

$559,000
4,464 sqft

Custom-built medical office in a central business district.

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Family Dollar Retail Investment Opportunity
Family Dollar Retail Investment Opportunity

1315 N Water St, Decatur, IL 62526

$3,100,000
14,490 sqft

Retail property with a strong tenant history since 2019.

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Historic Mixed-Use Investment Opportunity
Historic Mixed-Use Investment Opportunity

160 North Merchant Street, Decatur, IL 62523

$495,000
12,480 sqft

Three-story brick building in Downtown Decatur with diversified income streams.

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Two-Story Corporate Office Building
Two-Story Corporate Office Building

3191 Beth Boulevard, Decatur, IL 62526

$650,000
16,640 sqft

Former corporate office with 16,640 sqft of versatile space across two floors and move-in-ready features for occupancy.

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Brick Retail Building on Main Corridor
Brick Retail Building on Main Corridor

3695 E WILLIAM ST RD, Decatur, IL 62521

$369,000
2,443 sqft

Built in 2017, this brick retail building offers strong visibility and easy access on a high-traffic corridor.

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Medical Office Building For Sale
Medical Office Building For Sale

2220 N Monroe St, Decatur, IL 62526

$250,000
12,898 sqft 0.24 AC lot

12,898 SF medical office building near Decatur Memorial Hospital.

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Decatur Retail Investment Opportunity
Decatur Retail Investment Opportunity

1423 E Mound Rd, Decatur, IL 62526

$625,000
11,856 sqft

Two retail properties on Mound Road, Decatur, Illinois for sale.

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Decatur Industrial Building with Yard
Decatur Industrial Building with Yard

765 E Pythian Ave, Decatur, IL 62526

$650,000
19 sqft

Industrial property featuring three structures and a fenced laydown yard.

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Decatur Bar and Billiards Venue
Decatur Bar and Billiards Venue

858 W Green St, Decatur, IL 62522

$199,900
3,000 sqft

Established bar and billiards venue with a loyal customer base.

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Decatur Church Facility For Sale
Decatur Church Facility For Sale

1414 W Grove Rd, Decatur, IL 62521

$249,000
12,300 sqft 1.81 AC lot

Well-maintained 12,000 SF church on 1.81 acres in Decatur.

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Freestanding Medical Office Building
Freestanding Medical Office Building

3131 N Water Street, Decatur, IL 62526

Contact for pricing
6,200 sqft 1.17 AC lot

Freestanding 2008-built medical facility with 12 exam rooms, X-ray room, waiting/reception area, and 42 on-site parking spaces.

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Decatur Commercial Investment Opportunity
Decatur Commercial Investment Opportunity

3090 N Main St, Decatur, IL

$1,247,500
10,160 sqft 0.88 AC lot

Well-maintained commercial property with established tenants and strong returns.

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Warehouse For Sale
Warehouse For Sale

1004 W ELDORADO ST, Decatur, IL 62522

$1,000,000
3,755 sqft

Warehouse property available for sale in Decatur, IL, with commercial real estate use.

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Decatur Office Building For Sale
Decatur Office Building For Sale

1690 Huston Dr, Decatur, IL 62526

$249,999
63 sqft

Office building featuring a reception area, offices, and training rooms.

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Mixed-Use Property with Income Potential
Mixed-Use Property with Income Potential

334 W Main St, Decatur, IL

$800,000
14,500 sqft 0.55 AC lot

Value-add investment opportunity in Decatur's downtown commercial corridor.

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Versatile Commercial Property in Decatur
Versatile Commercial Property in Decatur

1705 E Pershing Rd, Decatur, IL 62526

$899,000
17,000 sqft 1.05 AC lot

Adaptable 17,000 SF commercial space with office, warehouse, and showroom.

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Decatur, IL Commercial Real Estate Market Trends and Statistics

Explore 72 commercial real estate for sale in Decatur, IL, showcased through 66 active listings on our real estate platform. These investment opportunities span a total of 562,298 square feet of properties for sale, with an estimated market value of $31,117,004.

Sale prices for business properties in Decatur, IL start at $64,900, averaging $797,871, and reaching up to $3,470,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Demographics Overview

Population 79K
Population Growth (5Y) -14.5%
Median Household Income $56,571
College Educated 16.3%

High-Yield Neighborhoods for Investment

Identify Decatur submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
62523 $413.3K
62522 $421.2K
62521 $500.1K
62526 $794.9K

Taxes & Financing

Average Loan-to-Value 65.0%

Property Size Breakdown

The majority of commercial real estate listings in Decatur fall within the 100,000+ square foot range.

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