Decatur, IL Commercial Real Estate

Search commercial property for lease or for sale and view the Market Overview section below for local stats and insights.

87 Listings

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$2,800,000
1450 E Pershing Rd
1450 E Pershing Rd, Mound Park, Decatur, IL
Property Type
Industrial
62,000 SF
1 of 1
$347,000
MEDICAL/PROFESSIONAL OFFICE FOR SALE
3021 N Oakland Ave, Greendell, Decatur, IL
Property Type
Office
5,790 SF
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$250,000
1501 N Water St.
1501 N Water St, GM Square, Decatur, IL
Property Type
Office
Built in 1978

6,140 SF
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$5.00 - $6.00/SF/MO
Park 101 Industrial Flex
3443 Rupp Parkway, Moundford, Decatur, IL
Space Type
Industrial
5 spaces

2,700 - 7,200 SF
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1 of 1
Price on request
625-701 W South Side Dr
625 W. South Side Drive, Enterprise, Decatur, IL
Space Type
Industrial
1 space

9,295 SF
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$8.00/SF/YR
1343 IL-48 N
1343 IL-48 N, Ravina Park, Decatur, IL
Space Type
Retail
1 space

17,568 SF
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Price on request
1935 N. Water St.
1935 N. Water St., GM Square, Decatur, IL
Space Type
Retail
1 space

4,141 SF
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2 of 2
$7.00/SF/YR
Decatur Industrial Flex Warehouse
3185 Grand Prix Drive, Moundford, Decatur, IL
Space Type
Industrial
1 space

8,700 SF
1 of 2

2 of 2
$85,000
1645 N 21st St | Single-Tenant Net Leased Asset
1645 N 21st St, Fansfield, Decatur, IL
Property Type
Industrial
1,843 SF
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$700,000
152 & 162 S Dipper Ln
152 & 162 S Dipper Ln, West End Decatur, Decatur, IL
Property Type
Multi-Family
9,880 SF
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$16.00/SF/YR
Decatur Main Street - Office Lease
3090 N Main Street Suite B, Northland Heights, Decatur, IL
Space Type
Office
1 space

2,872 SF
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$15.00/SF/YR
2801 N Main St
2801 N Main St, GM Square, Decatur, IL
Space Type
Retail
1 space

1,300 SF
1 of 1
Price on request
Brettwood Village Shopping Center
NEC Pershing Road and Water Street, Northland Heights, Decatur, IL
Space Type
Retail
12 spaces

482 - 31,902 SF
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$5.50/SF/YR
2807 N Main St
2807 N Main St, GM Square, Decatur, IL
Space Type
Retail
1 space

25,200 SF
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2 of 2
$9.00/SF/YR
1690 Huston Dr
1690 Huston Dr, Moundford, Decatur, IL
Space Type
Office
1 space

6,300 SF
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$819,000
2882 N Dinneen St
2882 N Dinneen St, Greenwich - Virginia, Decatur, IL
Property Type
Office
14,000 SF
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$800,000
Multi-Family + NNN Portfolio Opportunity in Decatur
416 E Wood St, Near West Decatur, Decatur, IL
Property Type
Multi-Family
16,248 SF
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Price on request
Decatur Marketplace
4655 E Maryland, Muffley, Decatur, IL
Space Type
Retail
1 space

1,200 SF
1 of 1
$195,000
LOT FOR SALE
1103 E Eldorado St, Clarendon Park, Decatur, IL
Property Type
VacantLand
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$16.00/SF/YR
2875 N Water St
2875 N Water St, GM Square, Decatur, IL
Space Type
Retail
1 space

6,050 SF
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$800.00 - $3,750.00/SF/MO
2828 N Main St
2828 N Main St, GM Square, Decatur, IL
Space Type
Retail
1 space

11,431 SF
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2 of 3

3 of 3
$15.50/SF/YR
2981 N Water St
2981 N Water St, GM Square, Decatur, IL
Space Type
Retail
1 space

1,630 SF
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3 of 3
$650,000
INDUSTRIAL PROPERTY FOR SALE
765 E Pythian Ave, Hess Park, Decatur, IL
Property Type
Industrial
Built in 1966

22,744 SF
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$124,999
VALUE-ADD OPPORTUNITY 1690 HUSTON DRIVE
1690 Huston Dr, Moundford, Decatur, IL
Property Type
Office
6,300 SF
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2 of 2
$275,000
1102 W Ravina Park Rd | Single-Tenant Net Leased Asset
1102 W Ravina Park Rd, Ravina Park, Decatur, IL
Property Type
Industrial
5,505 SF
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$10.00/SF/YR
1501 N Water St
1501 N Water St, GM Square, Decatur, IL
Space Type
Office
1 space

6,140 SF
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$4.00/SF/YR
2015 E Olive Street
2015 E Olive Street, Fansfield, Decatur, IL
Space Type
Industrial
1 space

20,000 SF
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2 of 3

3 of 3
$15.50/SF/YR
2891 N Water St
2891 N Water St, GM Square, Decatur, IL
Space Type
Retail
1 space

2,818 SF
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2 of 2
$16.00/SF/YR
2870 N Main St
2870 N Main St, GM Square, Decatur, IL
Space Type
Retail
1 space

2,900 SF
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$16.00/SF/YR
427 E Ash Ave
427 E Ash Ave, Windsor Village, Decatur, IL
Space Type
Office
1 space

1,029 SF
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From $146/month

Regus
Regus - Decatur - S Water Street
132 South Water Street 3rd Floor, Decatur, IL
Space Type
Private Offices
Space for 1 to 15 people
$2,236,146
Two-Tenant Investment Opportunity
1021 & 1027 N Water St, Old King's Orchard, Decatur, IL
Property Type
Retail
Built in 1980

21,263 SF
$8.90/SF/YR
792 N. Sunnyside Road
792 N. Sunnyside Road, Hill Crest, Decatur, IL
Space Type
Office
1 space

19,767 SF
$800,000
334 W Main St
334 W Main St, Near West Decatur, Decatur, IL
Property Type
Multi-Family
14,500 SF
$24.50/SF/YR
1192-1196 E Pershing Road
1192-1196 E Pershing Road, Mound Park, Decatur, IL
Space Type
Office
1 space

6,172 SF
$495,000
160-190 N. Merchant Street
160-190 N. Merchant Street, Decatur Central Bussines District, Decatur, IL
Property Type
Retail
Built in 1880

12,480 SF
Price on request
232 West Mound Road
232 West Mound Road, Windsor Village, Decatur, IL
Space Type
Retail
1 space

1,500 SF
$12.00/SF/YR
1355 W King St
1355 W King St, Fairlawn, Decatur, IL
Space Type
Retail
1 space

1,840 SF
$12.00/SF/YR
240 South Water Street
240 South Water Street, Decatur Central Bussines District, Decatur, IL
Space Type
Office
1 space

3,900 SF
$3.00/SF/YR
2044 N. Walnut Grove
2044 N. Walnut Grove, North East Decatur, Decatur, IL
Space Type
Industrial
1 space

16,819 SF

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Decatur, IL Commercial Real Estate Market Overview: Key Trends & Insights

Decatur has 1.4 million square feet of commercial real estate inventory as of 2026. This inventory is distributed across nearly 100 properties.

This overview provides a snapshot of the Decatur commercial sector, highlighting the most important aspects and trends to guide you through the local landscape, whether you are looking to lease or invest in local CRE assets.

Commercial Space for Rent in Decatur, IL

Based on the latest estimates, Decatur, IL offers almost 100 commercial listings for lease, totaling about 1.4 million square feet.

Current leasing options comprise 20 office listings, which represent approximately 37.74% out of the total leasing inventory. There are also 11 industrial and warehouse listings, making up 20.75% of the total. Additionally, 22 retail listings make up 41.51% of the local leasing market. These types are supplemented by 1 listing for lease belonging to other commercial types.

Property type No. of Listings Total Sq. Ft. Avg. Asking Rent

Office 20 241,010 N/A

Retail 22 556,079 $13.48

Industrial 11 2,496,020 $68.57

Other 1 145,490 N/A

Commercial Real Estate for Sale in Decatur, IL

As of 2026, Decatur, IL has a total of 38 commercial real estate properties for sale.

This inventory includes 6 office assets, 11 industrial facilities and 5 retail properties available for purchase.

The largest share is held by Industrial, with 28.95% out of local properties for sale belonging to this asset type. Office has the next largest share at 15.79%, while Retail makes up 13.16% of commercial properties for sale in Decatur.

Property type No. of Listings Total Sq. Ft.

Office 6 241,010

Retail 5 556,079

Industrial 11 2,496,020

Other 16 272,501

Leading Commercial Real Estate Submarkets by Property Type in Decatur, IL

The leading commercial real estate submarkets for different property types in Decatur are:

Office: The Elms with 10 office listings, totaling 1,712 square feet.
Industrial: Moundford with 8 industrial listings, totaling 315,662 square feet.
Retail: Northland Heights with 12 retail listings, totaling 74,666 square feet.