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 Maroa, IL
B-3 Zoned Strip Center
Updated: Dec 15, 2025
B-3 Zoned Strip Center

1423 E Mound Rd, Decatur, IL 62526

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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
Updated: Nov 25, 2025
Decatur Retail Strip Center

1423 E Mound Rd, Decatur, IL

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6,000 sqft 0.69 AC lot
High visibility location in the thriving Decatur area.
6,000 SF retail/strip center.
Zoned B3, offering versatility for various business ventures.
Strategic investment opportunity.
Substantial potential for commercial success.
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Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
Based on your search, we've compiled 10 Potential Opportunities for your consideration. Besides 2 Active listings in Decatur, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 4 Land Listings that present a potential for development.

Opportunities in Nearby Cities

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

Strip Mall
Strip Mall

2601 STEVENSON Drive, Springfield, IL 62707

$899,000

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

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Retail Investment Opportunity in Champaign
Retail Investment Opportunity in Champaign

1807 W Bradley Avenue, Champaign, IL 61821

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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

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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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Retail Strip Center with Drive-Up Window
Retail Strip Center with Drive-Up Window

2430 N Dirksen Pkwy, Springfield, IL 62702

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Wide-open retail space with recent approval for a drive-up window, positioned among major retailers along N Dirksen Pkwy.

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Prime Commercial Land I-55 Access
Prime Commercial Land I-55 Access

6000 S 6th Street Frontage Road, Springfield, IL 62702

$550,000
1.63 AC lot

1.63 acre commercial land near I-55 in Springfield, IL.

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Commercial Corner Land with Signalization
Commercial Corner Land with Signalization

9499 Lewis And Clark Boulevard .88 Acres Corner Lot, St, Louis, MO 63136

$632,000
0.88 AC lot

Nearly one acre of corner commercial land with substantial frontage and signalized access for a range of retail or service uses.

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Signalized Corner Commercial Land
Signalized Corner Commercial Land

9499 Lewis And Clark Boulevard, St, Louis, MO 63136

$999,000
1.76 AC lot

Hard-corner site with substantial frontage on two roads, positioned for a variety of commercial developments.

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Commercial Land with Highway Frontage
Commercial Land with Highway Frontage

9499 Lewis And Clark Boulevard .88 Acres, St, Louis, MO 63136

$483,000
0.88 AC lot

.88-acre commercial parcel with 145 feet of frontage along St. Cyr Rd, offered for sale with possible ground lease.

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Decatur, IL Strip Malls Market Trends and Statistics

Explore 2 strip malls for sale in Decatur, IL on our real estate platform. These investment opportunities span a total of 17,856 square feet of properties for sale.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Storefront properties 14
Shopping centers 11
Automotive properties 5
Showrooms 5
Auto shops 2

Demographics Overview

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

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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