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    Decatur, IL
    Strip Mall

    Decatur, IL Strip Malls 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
    Two-Tenant Strip Mall
    Updated: Aug 21
    Two-Tenant Strip Mall

    757 W Pershing Rd, Decatur, IL 62526

    $1,582,000
    12,883 sqft
    12,883‑square‑foot two‑tenant strip mall with 100 percent occupancy
    Extensive 2025 renovation and 2026 roof installation with a 20‑year warranty
    Both tenants signed five‑year leases in 2025 with one five‑year renewal option
    Scheduled rental increases range from 2 percent to 3 percent
    9.00% cap rate
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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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    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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    Based on your search, we've compiled 7 Potential Opportunities for your consideration. Besides 3 Active listings in Decatur, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

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

    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.

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    Strip Mall with Drive-Up Window
    Strip Mall with Drive-Up Window

    2601 STEVENSON Drive, Springfield, IL 62707

    $899,000

    B-2-zoned retail property with varied tenancy, repaired parking, and a drive-up window.

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    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.

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    Neighborhood Retail Strip Center
    Neighborhood Retail Strip Center

    1807-1901 W Bradley Ave, Champaign, IL 61821

    Contact for pricing
    10,105 sqft

    Retail strip center offers flexible inline suites and 34 on-site parking spaces, with Suite F available for lease.

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    Decatur, IL Strip Malls Market Trends and Statistics

    Explore 3 strip malls for sale in Decatur, IL, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 30,739 square feet of properties for sale, with an estimated market value of $1,582,000.

    Sale prices for retail strips in Decatur, IL average $1,582,000 — 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 9
    Storefront properties 7
    Automotive properties 3
    Auto shops 2
    Banks 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 $1.6M

    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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