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    Decatur, IL
    Shopping Center

    Decatur, IL Shopping Centers for Sale

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    Macon, IL Forsyth, IL Mt Zion, IL Mount Zion, IL Oreana, IL Dalton City, IL Cerro Gordo, IL Blue Mound, IL
    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
    1.67‑acre shopping center site at 2950 N WATER Street, Decatur, IL 62526
    Suites 220 and 230 within a multi‑suite center
    Open retail layouts with rear service areas and private restrooms
    Direct storefront entries, frontage, signage, and surface parking
    Located along the US‑51/N Water Street corridor near national and regional retailers
    View details
    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
    View details
    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.

    View details
    See hot listings in Decatur

    Scored against comparables nationwide. These are worth a look.

    Scored against comparables nationwide. These are worth a look.

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    Local Demand available after sign in
    Based on your search, we've compiled 41 Potential Opportunities for your consideration. Besides 3 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.

    Multi-Tenant Retail Center
    Multi-Tenant Retail Center

    1601-1605 Morrissey Dr, Bloomington, IL 61704

    $4,100,000
    28,475 sqft

    Two-building retail property anchored by Dollar Tree and supported by service, dining, and necessity-oriented tenants.

    View details
    Strip Mall with Interstate Frontage
    Strip Mall with Interstate Frontage

    3101 South Dirksen Parkway, Springfield, IL 62703

    Contact for pricing
    56,193 sqft 14.00 AC lot

    Multi-tenant retail center with established retailers, a large-format vacancy, and newly executed lease commitments.

    View details
    Grocery-Anchored Shopping Center
    Grocery-Anchored Shopping Center

    1861-1927 E Sangamon Ave, Springfield, IL 62707

    $17,385,000

    Fully leased retail center with established national and regional tenants and completed roof, parking lot, and facade improvements.

    View details
    Shopping Center with Ample Parking
    Shopping Center with Ample Parking

    1603 Morrissey Dr, Bloomington, IL 61704

    Contact for pricing
    23,181 sqft

    Shopping center with great visibility from Veterans Parkway and ample parking, with recent upgrades to the property and lot.

    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

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

    1155 Pershing Rd, Decatur, IL 62526-4726

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

    566 Brush College Rd, Decatur, IL 62521-1653

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

    2950 Water St, Decatur, IL 62526-4250

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

    2800 Water St, Decatur, IL 62526-4258

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

    3751 Woodford St, Decatur, IL 62526-2717

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

    215 Ash Ave, Decatur, IL 62526-6158

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

    4631 Maryland St, Decatur, IL 62521-5092

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

    4755 Maryland St, Decatur, IL 62521-5077

    Estimated value:
    $2,840,000
    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

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

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

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

    2980 Main St, Decatur, IL 62526-3291

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

    985 Pershing Rd, Decatur, IL 62526-1573

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

    969 Eldorado St, Decatur, IL 62521-1913

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

    1383 Pershing Rd, Decatur, IL 62526-4784

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

    4825 Us Rte 36, Decatur, IL 62521

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

    3180 Mound Rd, Decatur, IL 62526-9655

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

    780 Sunnyside Rd, Decatur, IL 62522-1156

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

    4274 Prospect Dr, Decatur, IL 62526-6100

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

    318 Franklin St, Decatur, IL 62523

    Estimated value:
    $250,000
    0.70 AC lot
    View details
    1736 Taylorville Rd
    WHOLESALE OUTLET, DISCOUNT STORE

    1736 Taylorville Rd, Decatur, IL 62521-3953

    Estimated value:
    $440,000
    9,240 sqft 0.49 AC lot
    View details

    Decatur, IL Shopping Centers Market Trends and Statistics

    Explore 37 shopping centers for sale in Decatur, IL, showcased through 3 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

    Shopping centers 8
    Storefront properties 7
    Automotive properties 3
    Auto shops 2
    Car washes 1

    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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