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    Decatur, IL
    Shopping Center

    Decatur, IL Shopping Centers for Sale

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    Multi-Suite Shopping Center
    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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    B-3 Zoned Strip Center
    Updated: Dec 15, 2025
    B-3 Zoned Strip Center

    1423 E Mound Rd, Decatur, IL 62526

    Contact for pricing
    11,856 sqft
    6,000 SF B‑3 zoned strip center at 1423–1427 E Mound Rd with flexible space for multiple commercial uses
    5,856 SF B‑1 zoned standalone building at 1411 E Mound Rd, formerly Subway, suited for retail or restaurant use
    Two retail properties positioned along Decatur’s busy Mound Road corridor
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    Decatur Retail Strip Center
    Decatur Retail Strip Center

    1423 E Mound Rd, Decatur, IL

    Contact for pricing
    6,000 sqft 0.69 AC lot

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

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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Retail Storefront Suites for Sale
    Retail Storefront Suites for Sale

    2950 N WATER Street, Decatur, IL 62526

    Contact for pricing

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

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    Based on your search, we've compiled 42 Potential Opportunities for your consideration. Besides 4 Active listings in Decatur, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 34 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.

    Fully Occupied Community Shopping Center
    Fully Occupied Community Shopping Center

    1812 Adlai Stevenson Drive, Springfield, IL 62703

    Contact for pricing
    32,080 sqft 2.35 AC lot

    32,080-square-foot community retail center in Springfield with 10 long-term tenants and below-average in-place rents.

    View details
    Retail Center at Lighted Intersection
    Retail Center at Lighted Intersection

    2401 W Springfield Ave, Champaign, IL 61821

    Contact for pricing
    3,905 sqft

    Newer retail center with a remaining 1,027 SF suite available as a vanilla box delivery.

    View details
    Strip Mall
    Strip Mall

    2601 STEVENSON Drive, Springfield, IL 62707

    $1,060,000

    B-2-zoned retail property with established tenant variety and convenient regional access.

    View details
    Retail Investment Opportunity in Champaign
    Retail Investment Opportunity in Champaign

    1807 W Bradley Avenue, Champaign, IL 61821

    Contact for pricing
    4,605 sqft

    Retail property with high visibility and flexible floor plans.

    View details

    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.

    2800 Water St
    REGIONAL SHOPPING CENTER, MALL

    2800 Water St, Decatur, IL 62526-4258

    $1,350,000
    Estimated value
    7.25 AC lot
    View details
    1155 Pershing Rd
    WHOLESALE OUTLET, DISCOUNT STORE

    1155 Pershing Rd, Decatur, IL 62526-4726

    $365,000
    Estimated value
    14.76 AC lot
    View details
    566 Brush College Rd
    REGIONAL SHOPPING CENTER, MALL

    566 Brush College Rd, Decatur, IL 62521-1653

    $975,000
    Estimated value
    0.52 AC lot
    View details
    2950 Water St
    REGIONAL SHOPPING CENTER, MALL

    2950 Water St, Decatur, IL 62526-4250

    $1,175,000
    Estimated value
    1.67 AC lot
    View details
    2800 Water St
    REGIONAL SHOPPING CENTER, MALL

    2800 Water St, Decatur, IL 62526-4258

    $375,000
    Estimated value
    6.64 AC lot
    View details
    3751 Woodford St
    REGIONAL SHOPPING CENTER, MALL

    3751 Woodford St, Decatur, IL 62526-2717

    $815,000
    Estimated value
    1.97 AC lot
    View details
    215 Ash Ave
    REGIONAL SHOPPING CENTER, MALL

    215 Ash Ave, Decatur, IL 62526-6158

    $820,000
    Estimated value
    0.50 AC lot
    View details
    4631 Maryland St, Unit 91
    REGIONAL SHOPPING CENTER, MALL

    4631 Maryland St, Decatur, IL 62521-5092

    Unit 91
    $2,840,000
    Estimated value
    12,200 sqft 3.02 AC lot
    View details
    4755 Maryland St
    REGIONAL SHOPPING CENTER, MALL

    4755 Maryland St, Decatur, IL 62521-5077

    $2,840,000
    Estimated value
    12,200 sqft 6.83 AC lot
    View details
    1910 Mt Zion Rd
    REGIONAL SHOPPING CENTER, MALL

    1910 Mt Zion Rd, Decatur, IL 62521-8419

    $2,295,000
    Estimated value
    View details
    2912 Martin Luther King Jr Dr
    REGIONAL SHOPPING CENTER, MALL

    2912 Martin Luther King Jr Dr, Decatur, IL 62526-2428

    $700,000
    Estimated value
    2.44 AC lot
    View details
    2980 Main St
    REGIONAL SHOPPING CENTER, MALL

    2980 Main St, Decatur, IL 62526-3291

    $345,000
    Estimated value
    0.53 AC lot
    View details
    985 Pershing Rd
    REGIONAL SHOPPING CENTER, MALL

    985 Pershing Rd, Decatur, IL 62526-1573

    $535,000
    Estimated value
    2.28 AC lot
    View details
    969 Eldorado St
    WHOLESALE OUTLET, DISCOUNT STORE

    969 Eldorado St, Decatur, IL 62521-1913

    $1,660,000
    Estimated value
    9,112 sqft
    View details
    1383 Pershing Rd
    REGIONAL SHOPPING CENTER, MALL

    1383 Pershing Rd, Decatur, IL 62526-4784

    $450,000
    Estimated value
    7.12 AC lot
    View details
    4825 Us Rte 36
    REGIONAL SHOPPING CENTER, MALL

    4825 Us Rte 36, Decatur, IL 62521

    $450,000
    Estimated value
    20,108 sqft 1.25 AC lot
    View details
    3180 Mound Rd
    WHOLESALE OUTLET, DISCOUNT STORE

    3180 Mound Rd, Decatur, IL 62526-9655

    $385,000
    Estimated value
    1.40 AC lot
    View details
    780 Sunnyside Rd
    WHOLESALE OUTLET, DISCOUNT STORE

    780 Sunnyside Rd, Decatur, IL 62522-1156

    $440,000
    Estimated value
    9,240 sqft 1.55 AC lot
    View details
    4274 Prospect Dr
    REGIONAL SHOPPING CENTER, MALL

    4274 Prospect Dr, Decatur, IL 62526-6100

    $640,000
    Estimated value
    33,016 sqft 4.94 AC lot
    View details
    318 Franklin St
    REGIONAL SHOPPING CENTER, MALL

    318 Franklin St, Decatur, IL 62523

    $250,000
    Estimated value
    0.70 AC lot
    View details

    Decatur, IL Shopping Centers Market Trends and Statistics

    Explore 38 shopping centers for sale in Decatur, IL, showcased through 4 active listings on our real estate platform. These investment opportunities span a total of 17,856 square feet of properties for sale, with an estimated market value of $1,200,000.

    Sale prices for plazas in Decatur, IL average $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

    Storefront properties 11
    Shopping centers 10
    Automotive properties 7
    Auto shops 4
    Banks 2

    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
    62526 $1.2M

    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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