Fairview Park Plaza

1401 W King Street, Decatur, IL 62522

Property Information

  • For Lease $8.00 - $12.00/SF/YR
  • Property Type Retail
  • Property Size 170,000 SF
  • Lot Size 17 Acre
  • Property Tenancy Multi-Tenant
  • Building Class A
  • Year Built 1977
  • Year Renovated 2000
  • Date Updated May 18, 2026

Description

The City of Decatur is located in Macon County in the central region of Illinois. Decatur is approximately 40 miles west of Champaign-Urbana (University of Illinois), 40 Miles south of Bloomington (Illinois State University and State Farm), and 40 miles east of Springfield (Illinois State Capitol). Decatur is part of the Decatur Metropolitan Statistical Area (MSA). The region is served by an extensive transportation network. Parts of this transportation system includes Interstate 72, US Highway 51, and other state routes creating a motor freight system that overlays an extensive rail network. Decatur is home to the Midwest Inland Port ( ) This inter modal transportation hub has direct access to four railroads connecting all North American rail networks. Decatur’s central location offers logistic synergies and an abundant labor force. Decatur is home to the North American headquarters of Archer Daniels Midland (ADM) and the Global Mining Division of Caterpillar (CAT) which are the two largest employers in Decatur. Tate & Lyle (TATYF) is another industry driver in Decatur. They process grain into food grade meals, oils or other biproducts. Other significant employers are Decatur Public School District, Decatur Memorial Hospital, HSHS St. Mary’s Hospital, and Millikin University. Decatur is an industrial town as far as business sectors, but 58% of the work force is white collar, 25% blue collar and 17% in services. 57% of the population has some college or bachelor’s degree or higher education.FOR LEASE - Fairview Park Plaza is one of Decatur's most popular shopping centers. Located approximately a half mile north of Millikin University's campus on route 48. The massive shopping center has many co-tenant synergies ranging from a variety of restaurants, dollar stores, clothing stores, liquor store, and music store. Great location at high traffic intersection with close proximity to housing, public high school, Millikin University, and local employers. According to IDOT average daily traffic count at plaza intersection totals over 19,000.

5 Spaces Available

1355 (bank)

Space Type

Retail

Lease Rate

$8.00 - $12.00/SF/YR

Total Space

1,840 SF

Divisible Space

1,840 - 1,840 SF

Available Date

Immediate

Lease Type

NNN

Renewal Option

Yes

Sublease

No

Lease rate $8-$12 per square foot NNN. Former financial institution located in the Fairview Park Plaza Shopping Center. Center includes several restaurants including Pizza Hut, WingStop, and restaurants voted the best Tex-Mex and Chinese restaurants in Decatur.

1473 (retail box)

Space Type

Strip

Lease Rate

$8.00 - $12.00/SF/YR

Total Space

3,770 SF

Divisible Space

3,770 - 3,770 SF

Available Date

Immediate

Lease Type

NNN

Renewal Option

Yes

Sublease

No

Available for lease: Located in the bustling Fairview Park Plaza, approximately 4,000 Square Feet of retail / office space. Tenant improvements are negotiable. Great opportunity! 3D Virtual Tour available online. Contact broker for lease rates and additional information.

1485

Space Type

Retail

Lease Rate

$8.00 - $12.00/SF/YR

Total Space

4,200 SF

Divisible Space

4,200 - 4,200 SF

Available Date

Immediate

Lease Type

NNN

Renewal Option

Yes

Sublease

No

Lease rate $8-$12 per square foot NNN. Former financial institution located in the Fairview Park Plaza Shopping Center. Center includes several restaurants including Pizza Hut, WingStop, and restaurants voted the best Tex-Mex and Chinese restaurants in Decatur.

1619 W King Street

Space Type

Retail

Lease Rate

$8.00 - $12.00/SF/YR

Total Space

3,144 SF

Divisible Space

3,144 - 3,144 SF

Available Date

Immediate

Lease Type

NNN

Renewal Option

Yes

Sublease

No

1663 (medical office)

Space Type

Medical Office

Lease Rate

$8.00 - $12.00/SF/YR

Total Space

3,300 SF

Divisible Space

3,300 - 3,300 SF

Available Date

Immediate

Lease Type

NNN

Renewal Option

Yes

Sublease

No

Turnkey

Yes

Available for lease: Located in the bustling Fairview Park Plaza, approximately 3,300 Square Feet of medical / doctor office space. Floor plan currently includes reception, patient waiting area, eight exam rooms, nurse station, three ADA restrooms, and office area. Tenant improvements negotiable. Great opportunity to take over turn-key medical space. 3D Virtual Tour available online. Contact broker for lease rates and additional information.

Contacts

Zane Peterson

Main Place Properties

Location

Located at 1401 W King Street, Decatur, IL 62522, this property is part of the Fairlawn neighborhood.

Contact Listing Broker
Zane Peterson

Main Place Properties

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