Decatur, IL Commercial Real Estate for Rent and Sale

Search 85 commercial real estate listings in Decatur, IL and find helpful local stats in the Market Overview section below.

Southeast Plaza - Lot 7

Southeast Plaza, St.Mary's, Decatur, IL
Property

VacantLand
For Sale

Subject To Offer
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7 Brew Coffee

550 East Pershing Road, Country Acres Highland, Decatur, IL
Property

Retail

510 SF
Year Built

2024
For Sale

$1,538,000
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333 E Pershing Rd

333 E Pershing Rd, The Elms, Decatur, IL
Property

Office

19,518 SF
Availability

1 Space

3,609 SF
Year Built

1975
For Lease Contact for pricing
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675 W. Pershing

675 W. Pershing, French Quarters, Decatur, IL
Property

Retail

5,500 SF
Availability

1 Space

5,500 SF
For Lease

$7.50/SF/MO
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145 S. Water Street

145 S. Water Street, Decatur Central Bussines District, Decatur, IL
Property

Office

3,012 SF
Availability

1 Space

3,012 SF
Year Built

1869
For Lease

$16.00/SF/YR
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Commercial Real Estate Listings in Decatur, IL

The Decatur real estate market has a lot to offer. You will find that Industrial space accounts for the largest share of CRE for rent opportunities on the local market. Meanwhile, Retail space accounts for the second-largest share of listings on the market.

Decatur, IL Commercial Real Estate Listings for Rent

Type No. of Listings Space Available

Retail 36 606,489 Sq. Ft.

Office 26 136,221 Sq. Ft.

Industrial 13 1,226,279 Sq. Ft.

CRE for Rent in Decatur, IL by Use Type

Office

6.92%

Retail

30.80%

Industrial

62.28%

Top Locations for Commercial Space in Decatur, IL

Depending on the type of space that you’re looking for, different areas of Decatur may suit your needs differently. The city’s Northland Heights neighborhood has the highest concentration of CRE listings, offering 14 availabilities on the market. The GM Square neighborhood is home to the second-largest number of leasing opportunities — 11 listing(s).

At the same time, it is worth noting that the concentration of one particular type of commercial real estate in an area is a good indication of the potential of that neighborhood or submarket. For example, if you want to rent an office, consider that you will find the largest concentration of opportunities in Windsor Village.

Top Locations for CRE Listings in Decatur, IL

Neighborhood with most CRE Listings No. of Spaces

Northland Heights 14

GM Square 11

Windsor Village 9

Top Locations for Office Listings in Decatur, IL

Neighborhood with most Office Listings No. of Spaces

Windsor Village 8

Moundford 6

Near West Decatur 3

Areas with numerous industrial properties are also more likely to be well-connected logistically. The Enterprise area is the local Decatur submarket with the most listings for rent, at this time.

Retail properties can be both scattered and clustered, mostly depending on the use type and where it best fits in order to be close to the customers. In Decatur, you’ll find the most such opportunities for lease to be in Northland Heights.

Top Locations for Industrial Listings in Decatur, IL

Neighborhood with most Industrial Listings No. of Spaces

Enterprise 2

Greenwich - Virginia 2

Fansfield 2

Top Locations for Retail Listings in Decatur, IL

Neighborhood with most Retail Listings No. of Spaces

Northland Heights 14

GM Square 9

Fairlawn 7

Commercial Real Estate for Sale in Decatur, IL

If you’re looking to invest in real estate rather than to lease, the local real estate market also has something to offer. There are currently 538,313 square feet of commercial property for sale in Decatur. The largest investment opportunity on the local market offers 179,393 square feet of earning potential.

Across the properties offered for sale here, listed prices start at $56,190. It’s worth noting that not all sale opportunities will have a price listed, but it is easy to reach out to the property representative for more information or to schedule a tour using the contact form or the contact details available on the listing page.

Mixed-Use and Green Commercial Real Estate in Decatur, IL

Mixed-use properties incorporate at least two different types of commercial real estate, which can present a series of advantages. The different real estate types in a mixed-use property can complement each other in ways that sustain mutual success. For instance, ground-floor retail spaces may benefit from the constant stream of office workers to and from the upper floors of the same building, as well as serve the surrounding community.

Moreover, they are in line with relatively recent trends toward a healthier, more walkable urban environment, where more amenities are placed within easier reach of the population. Properties that are built and designed with sustainability in mind provide more value for investors while also cutting down on costs for tenants. LEED certifications attest to a building’s commitment to green building. The local market includes 1 LEED-certified commercial building(s).

Distribution of LEED-Certified CRE Properties in Decatur, IL

LEED

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Decatur, IL Commercial Real Estate for Rent and Sale

Southeast Plaza - Lot 7

7 Brew Coffee

333 E Pershing Rd

675 W. Pershing

145 S. Water Street

Commercial Real Estate Listings in Decatur, IL

Decatur, IL Commercial Real Estate Listings for Rent

CRE for Rent in Decatur, IL by Use Type

Top Locations for Commercial Space in Decatur, IL

Top Locations for CRE Listings in Decatur, IL

Top Locations for Office Listings in Decatur, IL

Top Locations for Industrial Listings in Decatur, IL

Top Locations for Retail Listings in Decatur, IL

Commercial Real Estate for Sale in Decatur, IL

Mixed-Use and Green Commercial Real Estate in Decatur, IL

Distribution of LEED-Certified CRE Properties in Decatur, IL

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