Main Place Properties
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Main Place Properties is a dynamic commercial real estate firm and distinguished leader in the Central Illinois region.
The CRE brokerage team is led by Zane Peterson, Managing Broker, CCIM. Our team is competent in all core real estate classes.
10/28/2026
New Price | 1391–1397 Mount Zion Parkway
Mount Zion, IL
This 9,074 SF mixed-use property is available for sale at a new asking price. Built in 2013, the building combines commercial space on the main level with apartments above.
🏢 Four commercial suites with separate metering.
🏘️ Four two-bedroom, two-bath apartments, each approximately 1,200 SF.
🧺 In-unit laundry and individual heating and water heaters for the apartments.
🪟 Recent improvements include new upper-level apartment windows and patio doors.
Contact us for updated pricing, financial information, or to schedule a showing.
https://mainplaceproperties.us/?propertyId=MTZ-mixeduse
Main Place Properties
Zane Peterson | Designated Managing Broker
Andrew Taylor | CRE Broker
📞 217.422.3330
10/27/2026
Stocks and bonds are great. Sometimes, you want something a little more real… estate. 🏢
It’s Term of the Day Tuesday, and today’s term is DIVERSIFICATION.
Diversification means spreading investments across different assets to reduce reliance on any single one. Real estate can be part of that mix—and diversification matters within real estate, too.
🏘️ Property types — Apartments, retail, office, and industrial properties serve different needs.
📍 Locations — Owning in different markets can reduce dependence on one local economy.
🔑 Tenants and industries — A varied tenant base can limit exposure to changes affecting a single business or sector.
📅 Lease expiration — Staggered lease terms can help avoid having several spaces come up for renewal at once.
Real estate brings its own risks, expenses, and management responsibilities. Diversification doesn’t eliminate risk, but it can help spread it.
Main Place Properties
Zane Peterson | Designated Managing Broker
Andrew Taylor | CRE Broker
📞 217.422.3330
10/26/2026
Logan Square | For Sale
2490 N. Water Street, Decatur, IL
Logan Square is a three-building multifamily and mixed-use complex on U.S. Route 51. The property includes:
▪️ 70 apartments with studio and one-bedroom layouts
▪️ 13 street-level commercial suites
▪️ 55,297 SF across 4.51 acres
▪️ Access to public transportation and nearby shopping, medical facilities, and services
Built between 1975 and 1979, the property has remained under its original ownership. Contact us to review the offering materials and financial information or schedule a showing.
Full Listing: https://mainplaceproperties.us/?propertyId=LoganSquare-Investment
Main Place Properties
Zane Peterson | Designated Managing Broker
Andrew Taylor | CRE Broker
217.422.3330
10/23/2026
Office building for sale | 234 N. Poplar Street, Centralia
This 4,496 SF office building offers space for business operations in Centralia, with an existing office layout and B-2 zoning.
▪️ 4,496 SF building
▪️ Reception and waiting area
▪️ B-2 zoning
▪️ Built in 1982
For businesses considering purchasing their own space, this property is worth a walkthrough to evaluate how the layout fits their needs.
Contact us for additional information or to schedule a tour.
📍 234 N. Poplar Street | Centralia, IL | For Sale: https://mainplaceproperties.us/?propertyId=Centralia-Retail
Main Place Properties
Zane Peterson | Designated Managing Broker
Andrew Taylor | CRE Broker
📞 217.422.3330
10/22/2026
Industrial space for sale or lease | 1695 N. 21st Street, Decatur
This 13,600 SF industrial property combines warehouse space with approximately 2,000 SF of offices, accommodating daily operations and administrative work in one location.
▪️ Drive-in overhead doors and a dock door
▪️ Steel-frame construction with masonry exterior walls
▪️ Concrete floors
▪️ M-1 zoning
▪️ Convenient access to Route 121 / 22nd Street
Located in Decatur’s industrial corridor, the property provides access to major employers and the Midwest Inland Port.
Contact us for details or to schedule a walkthrough.
📍 1695 N. 21st Street | Decatur, IL
View listing details:
For sale: https://mainplaceproperties.us/?propertyId=1699795-sale
For lease: https://mainplaceproperties.us/?propertyId=1699795-lease
Main Place Properties
Zane Peterson | Designated Managing Broker
Andrew Taylor | CRE Broker
📞 217.422.3330
10/20/2026
💵 Your money has a job. How’s its performance review looking? 👀
It’s Term of the Day Tuesday, and this week we’re talking CASH-ON-CASH RATE, also called cash-on-cash return!
📚 This measures a property’s annual before-tax cash flow relative to the actual cash you invested.
Here’s how it works:
🧮 The formula: Annual before-tax cash flow ÷ total cash invested × 100.
🏦 Count the cash you put in — Your down payment, closing costs, and upfront improvements can all be part of that investment.
💸 Count what’s left over — Cash flow after operating expenses and mortgage payments, before income taxes. Rent collected alone doesn’t tell the whole story!
🔢 A simple example: Invest $100,000 of your own cash and receive $8,000 in annual before-tax cash flow. That’s an 8% cash-on-cash return.
🔍 Know what it leaves out — Appreciation and equity built through loan principal repayment aren’t included. This measures cash flow, not your total investment return.
⚖️ Financing matters — Different loan terms can change the result, even for the same property. More borrowing doesn’t automatically mean a better return.
Because “the building collects rent” and “the investment generates cash” deserve two different conversations. 😉
🌐 www.MainPlace.us
10/19/2026
🏁 Your next business move deserves a little Grand Prix energy.
Planning ahead for more space? 3115 Grand Prix Drive in Decatur offers 9,600 SF of industrial space for lease, with features that help keep the workday moving.
📦 Room to organize your operation — An open-span layout with 16–20′ clear heights gives you flexibility for equipment, inventory, and workflow.
🌡️ Heating AND cooling throughout — Because Illinois likes to test both ends of the thermostat.
🚚 Overhead drive-in door — Convenient access for moving materials and equipment.
💼 Office area + restrooms — Keep the business side close to the hands-on work.
🔒 Partially fenced storage yard — Additional outdoor space to support your operation.
🛣️ Convenient access to I-72 — A northeast Decatur location near major industrial employers.
📅 Availability anticipated in spring 2027. Earlier occupancy may be possible, subject to landlord approval.
Big moves take planning. Let’s get yours off the starting line. 🏁
📍 3115 Grand Prix Drive | Decatur, IL
👀 Check out the listing:
https://mainplaceproperties.us/?propertyId=3115GrandPrix-lease
Main Place Properties
Zane Peterson | Designated Managing Broker
Andrew Taylor | CRE Broker
📞 217.422.3330
10/16/2026
🛠️ From the morning meeting to the afternoon project—give your business a place to do both.
5080 N. Brush College Road in Decatur brings office space and industrial functionality together in a 3,816 SF freestanding building on 1.4 acres, available for sale or lease.
Here’s what makes this place ready for a closer look:
🚪 Three grade-level, 10′ overhead doors — Convenient access for moving equipment, materials, and projects.
💼 Four offices + a conference room — Keep planning, paperwork, and client conversations close to the action.
☕ Break room with a kitchen — Because even your hardest-working crew runs on lunch and coffee.
🚻 Two restrooms — A practical feature for the daily routine.
🏠 New roof in 2024 — A recent improvement worth putting on your checklist.
📍 M-1 zoning in the Whitmore area — Explore how this blend of office and industrial space could fit your operation.
Bring the tools. Bring the team. Let’s see how your plans fit. 🔑
📍 5080 N. Brush College Road | Decatur, IL
👀 Explore your options:
🏢 For sale: https://loom.ly/5fK0Ag8
🔑 For lease: https://loom.ly/canPW00
Main Place Properties
Zane Peterson | Designated Managing Broker
Andrew Taylor | CRE Broker
📞 217.422.3330
10/15/2026
📦 Big ideas tend to come with… stuff. Give yours some room. 💪
Equipment, inventory, deliveries, paperwork—running a business takes space that can handle the daily hustle.
3430 Constitution Drive in Springfield offers 4,000–9,000 SF of industrial flex space for lease, with practical features to keep your operation moving:
🏭 Warehouse + office space — Keep the hands-on work and business side under one roof.
🚚 Dock door + ramped overhead door — Options for getting equipment and deliveries in and out.
💼 Open office/reception area — A place to welcome visitors and manage the day.
🛣️ Access to I-72 & I-55 — A southwest Springfield location that keeps your team connected to the region.
🛠️ Bring your business plans — Explore the possibilities for a service operation, light distribution, or a business needing warehouse and office space together.
Less playing Tetris with your inventory. More room to get to work. 😉
📍 3430 Constitution Drive | Springfield, IL
👀 Check out the listing:
https://mainplaceproperties.us/?propertyId=3430constitution
Main Place Properties
Zane Peterson | Designated Managing Broker
Andrew Taylor | CRE Broker
📞 217.422.3330
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101 S. Main Street, Suite 800
Decatur, IL
62523
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