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    215-221 N Main St Chatham, IL 62629

    For Sale
    $689,900

    Commercial - Chatham, IL

    Property size:
    6,901 SF
    Days on Market:
    91
    Last Refresh:
    Dec 6 at 3:06 am

    Property Features for 215-221 N Main St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Zoning
    B-2
    APN
    28120428014
    Size
    6,901 SF

    Utilities

    Heating system
    Forced Air
    Cooling system
    Central Air

    Building Details

    Flooring type
    Carpet
    Building materials
    Brick, Frame
    Roof type
    Composition, Shingle
    Architectural style
    Other

    The Real Estate Group, Inc. (217) 787-7000 [email protected]

    Listing agent Jay Clark (217) 787-7000 License #475103848

    Listing date Sep 7, 2025

    MLS# CA1039020 Listing URL

    Copyright © 2025 RMLS Alliance. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Chatham Commercial Property on Main

    Located in the heart of Chatham, at the southwest corner of Main St. (IL4) and Walnut, this commercial property presents an investment opportunity for an end user seeking cost of ownership offset by tenant spaces, or for a strictly investment-focused buyer. The property, with a total area of 3,238 square feet, is currently partitioned into two spaces measuring 1,764 square feet and 1,364 square feet. The property is zoned B-2. The location offers close proximity to businesses such as McDonalds, AJ's, Hucks, Shell, and Sangamo Brewing. The property benefits from high visibility, with a traffic count of 14,000 cars per day. Current tenants include a hair salon and spa, and a sports memorabilia business. The 6,901 square foot lot is suited for insurance, accounting, or chiropractor offices.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Office space

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Chatham
    County
    Sangamon
    State
    Illinois
    Longitude
    -89.704822
    Latitude
    39.67603

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    FAQs

    What type of property is this?
    Office space - Commercial property in the heart of Chatham with tenant spaces.
    Where is this office space located?
    The property is located at 215-221 N Main St Chatham, IL.
    What is the asking price?
    The asking price for this property is $689,900.
    What are key features of this property?
    This property features: - Excellent location in the heart of Chatham on Main St. (IL4) and Walnut.; - Investment opportunity with potential for owner occupancy or strictly investment.; - High traffic exposure with **14,000 cars per day**.
    (217) 787-7000
    Request Owner's contact information
    215-221 N Main St Chatham, IL 62629
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    Chatham, IL 62629
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    215-221 N Main St Chatham, IL 62629
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