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    602 E Walnut St Chatham, IL 62629

    For Sale
    $275,000

    Commercial - Chatham, IL

    Property size:
    2,240 SF
    Days on Market:
    69
    Last Refresh:
    Dec 13 at 4:06 am

    Property Features for 602 E Walnut St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Zoning
    commercial
    APN
    29070328006
    Size
    2,240 SF

    Utilities

    Heating system
    Forced Air, Natural Gas
    Cooling system
    Central Air, Multi Units

    Building Details

    Flooring type
    Tile
    Building materials
    Brick, Frame, Vinyl Siding
    Roof type
    Shake
    Architectural style
    Other

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

    Listing agent Todd Musso (217) 787-7000 License #471001796

    Listing date Oct 6, 2025

    MLS# CA1033831 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 Strip Building

    This commercial building, located in Chatham, Illinois, is configured as a strip-style structure divided into four separate units. The property has a new roof, and the units have been updated. The building offers high visibility and is currently fully rented, presenting an investment opportunity. The property is zoned for commercial use and has a size of 2240 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Barkers Paradise Pet ... Pet Groomer Doggie Stylez pet ... Pet Groomer Amanda Camden Photography Photographer All Dolled Up ... Beauty Salon

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Chatham
    County
    Sangamon
    State
    Illinois
    Longitude
    -89.698032
    Latitude
    39.676261

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      Chatham Commercial Building - Great Investment!

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    FAQs

    What type of property is this?
    Strip mall - Commercial building in Chatham, Illinois, divided into four units.
    Where is this strip mall located?
    The property is located at 602 E Walnut St Chatham, IL.
    What is the asking price?
    The asking price for this property is $275,000.
    What are key features of this property?
    This property features: - Solid strip style building in Chatham.; - Divided into 4 separate units, providing multiple income streams.; - New roof.
    (217) 787-7000
    Request Owner's contact information
    602 E Walnut 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
    602 E Walnut St Chatham, IL 62629
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