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    2306 Chatham Rd Springfield, IL 62704

    Sponsored
    For Sale
    $60,000

    LAND - Springfield, IL

    Days on Market:
    9
    Last Refresh:
    Jan 8 at 3:06 am

    Property Features for 2306 Chatham Rd

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Zoning
    Residential
    APN
    22-05.0-351-063

    Utilities

    Utilities
    Cable Available
    Water source
    Public

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

    Listing agent Krystal K Buscher

    Listing date Dec 31, 2025

    MLS# CA1033766 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

    Residential Land in Springfield, IL

    This single-family residential lot is located in a semi-private area near west side amenities and Washington Park. Situated off Chatham Road, the lot is secluded by a landscaped berm, enhancing privacy. The property is suitable for a daylight or full walk-out basement. A partial retaining wall is already in place at the back of the lot. The price includes brick that matches the existing structures in the subdivision.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Springfield
    County
    Sangamon
    State
    Illinois
    Longitude
    -89.686428
    Latitude
    39.774313

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    FAQs

    What type of property is this?
    Residential land & home lot - Single-family residential lot with included brick for home construction.
    Where is this residential land & home lot located?
    The property is located at 2306 Chatham Rd Springfield, IL.
    What is the asking price?
    The asking price for this property is $60,000.
    What are key features of this property?
    This property features: - Lot supports a **daylight or full walk-out basement**.; - Includes brick matching existing subdivision structures.; - Semi-private location close to west side conveniences and Washington Park.
    (217) 553-9280
    Request Owner's contact information
    2306 Chatham Rd Springfield, IL 62704
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    Springfield, IL 62704
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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
    2306 Chatham Rd Springfield, IL 62704
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