Decatur, IL Retail Space for Sale

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Updated: Jul 6

Multi-Suite Shopping Center

2950 N WATER Street, Decatur, IL 62526

$1,200,000

1.67 AC lot

Suites 220 and 230 within a multi‑suite shopping center
1.67‑acre site at 2950 N WATER Street in Decatur, IL 62526
B‑2 zoning with retail, service, and showroom use potential
Open retail layouts with rear service areas and private restrooms
Storefront signage and access along the US‑51 / N Water St corridor

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Updated: Jun 5

Historic Three-Story Mixed-Use Building

170 N Merchant St, Decatur, IL 62523

Contact for pricing

12,480 sqft

Historic three‑story brick “Post Building” constructed in 1888
Located at the corner of N. Merchant St and Prairie Ave in Downtown Decatur
Mixed‑use layout with restaurant, retail, office, and residential space
Building address: 160‑190 N. Merchant Street

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Downtown Retail Suite with Windows

163 N Water Street, Decatur, IL 62523

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2,300 sqft

Retail suite with windows on Central Park and ample on- and off-street parking in downtown Decatur.

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Brick Retail Building on Main Corridor

3695 E WILLIAM ST RD, Decatur, IL 62521

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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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Decatur Retail Strip Center

1423 E Mound Rd, Decatur, IL

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6,000 sqft 0.69 AC lot

6,000 SF retail center in Decatur, Illinois for sale.

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High-Traffic Commercial Property For Sale

375 N 22ND ST, Decatur, IL 62521

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613 sqft

Commercial property suitable for retail or office use in Decatur.

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Downtown Decatur Retail Opportunity

518 E Prairie Ave, Decatur, IL 62523

$150,000

6,500 sqft 0.31 AC lot

6500 SF retail facility with living quarters for sale.

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Decatur Retail Space For Sale

2474 N Main St, Decatur, IL 62526

$199,900

2,500 sqft 0.33 AC lot

2,500 sq ft retail space in high-traffic Decatur location.

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Retail Storefront Suites for Sale

2950 N WATER Street, Decatur, IL 62526

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Two suites in a multi-suite retail center feature direct storefront entries and rear service areas.

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Decatur Investment Opportunity For Sale

1070 W South Side Dr, Decatur, IL 62521

$389,000

6.19 AC lot

Decatur, Illinois investment property 100% leased to credit tenants.

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Two-Building Commercial Property

2011 E Eldorado St, Decatur, IL 62521

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One building is vacant, while the other is configured as four offices with a kitchenette and bath.

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Decatur Retail Space For Sale

2474 N Main St, Decatur, IL 62526

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2,500 sqft

2,500 sq ft retail space in shell condition.

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Versatile Commercial Space For Sale

3180 N Woodford St, Decatur, IL 62526

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6,400 sqft

Adaptable office/retail space with ample parking and high traffic.

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Based on your search, we've compiled 76 Potential Opportunities for your consideration. Besides 13 Active listings in Decatur, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 59 Off-Market properties to explore as potential leads

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Corner Storefront Building

718 S ILLINOIS Avenue, Carbondale, IL 62901

$275,000

7,849 sqft

Flexible commercial layout with upper-floor access, display windows, customer restrooms, and dedicated parking.

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NNN Retail Property with Frontage

1085 S Route 51, Forsyth, IL 62535

Contact for pricing

15,586 sqft 1.65 AC lot

Retail outparcel occupied by a long-standing tenant near Hickory Point Mall and major commercial retailers.

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Absolute NNN Retail Property

1146 Hickory Point Mall, Forsyth, IL 62535

Contact for pricing

90,500 sqft

Kohl’s has operated at this location since 1982 under an absolute NNN ground lease.

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Corner Storefront With Display Windows

718 S ILLINOIS Avenue, Carbondale, IL 62901

$275,000

0.21 AC lot

Two-level building offers flexible commercial space with separate access to the upper floor.

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Off-Market Properties in Decatur, IL

Consider similar Off-Market properties in Decatur, IL. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

RETAIL STORES (PERSONAL SERVICES)

865 Wood St, Decatur, IL 62521-2601

$245,000

Estimated value

0.17 AC lot

View details

RETAIL STORES (PERSONAL SERVICES)

1336 Oakland Ave, Decatur, IL 62526-3737

$250,000

Estimated value

0.38 AC lot

View details

RETAIL STORES (PERSONAL SERVICES)

532 Eldorado St, Decatur, IL 62523

$250,000

Estimated value

0.49 AC lot

View details

RETAIL STORES (PERSONAL SERVICES)

531 Water St, Decatur, IL 62523-1046

$250,000

Estimated value

0.19 AC lot

View details

RETAIL STORES (PERSONAL SERVICES)

1070 Franklin St, Decatur, IL 62521-3327

$245,000

Estimated value

0.04 AC lot

View details

RETAIL STORES (PERSONAL SERVICES)

1066 Harrison Ave, Decatur, IL 62526-3848

$90,000

Estimated value

0.18 AC lot

View details

RETAIL STORES (PERSONAL SERVICES)

1777 Eldorado St, Decatur, IL 62521-2041

$245,000

Estimated value

0.07 AC lot

View details

RETAIL STORES (PERSONAL SERVICES)

3741 William St Rd, Decatur, IL 62521-1660

Unit 71

$460,000

Estimated value

0.71 AC lot

View details

RETAIL STORES (PERSONAL SERVICES)

1998 Grand Ave, Decatur, IL 62522-1312

$250,000

Estimated value

0.53 AC lot

View details

RETAIL STORES (PERSONAL SERVICES)

2161 Pershing Rd, Decatur, IL 62526-2119

$180,000

Estimated value

1.12 AC lot

View details

RETAIL STORES (PERSONAL SERVICES)

2604 Main St, Decatur, IL 62526-3230

$70,000

Estimated value

0.17 AC lot

View details

Decatur, IL Retail Space Market Trends and Statistics

Explore 72 retail space for sale in Decatur, IL, showcased through 13 active listings on our real estate platform. These investment opportunities span a total of 41,736 square feet of properties for sale, with an estimated market value of $1,938,900.

Sale prices for retail space in Decatur, IL start at $150,000, averaging $484,725, and reaching up to $1,200,000 — 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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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

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	$150K
62526	$665K

Taxes & Financing

Average Loan-to-Value 65.0%

Property Size Breakdown

The majority of commercial real estate listings in Decatur fall within the 10,000 to 25,000 square foot range.

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Decatur, IL Retail Space for Sale

2950 N WATER Street, Decatur, IL 62526

170 N Merchant St, Decatur, IL 62523

163 N Water Street, Decatur, IL 62523

3695 E WILLIAM ST RD, Decatur, IL 62521

1423 E Mound Rd, Decatur, IL

375 N 22ND ST, Decatur, IL 62521

518 E Prairie Ave, Decatur, IL 62523

2474 N Main St, Decatur, IL 62526

2950 N WATER Street, Decatur, IL 62526

1070 W South Side Dr, Decatur, IL 62521

2011 E Eldorado St, Decatur, IL 62521

2474 N Main St, Decatur, IL 62526

3180 N Woodford St, Decatur, IL 62526

Opportunities in Nearby Cities

718 S ILLINOIS Avenue, Carbondale, IL 62901

1085 S Route 51, Forsyth, IL 62535

1146 Hickory Point Mall, Forsyth, IL 62535

718 S ILLINOIS Avenue, Carbondale, IL 62901

Off-Market Properties in Decatur, IL

865 Wood St, Decatur, IL 62521-2601

1336 Oakland Ave, Decatur, IL 62526-3737

532 Eldorado St, Decatur, IL 62523

531 Water St, Decatur, IL 62523-1046

1070 Franklin St, Decatur, IL 62521-3327

1066 Harrison Ave, Decatur, IL 62526-3848

1777 Eldorado St, Decatur, IL 62521-2041

3741 William St Rd, Decatur, IL 62521-1660

1998 Grand Ave, Decatur, IL 62522-1312

2161 Pershing Rd, Decatur, IL 62526-2119

2604 Main St, Decatur, IL 62526-3230

Decatur, IL Retail Space Market Trends and Statistics

Top Commercial Asset Segments

Demographics Overview

High-Yield Neighborhoods for Investment

Taxes & Financing

Property Size Breakdown

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