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    State Route 4 Chatham, IL 62711

    Sponsored
    For Sale
    $89,000

    LAND - Chatham, IL

    Lot size:
    1.63 Acres
    Days on Market:
    103
    Last Refresh:
    Jan 6 at 10:06 pm

    Property Features for State Route 4

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Zoning
    Residential
    APN
    22300300016
    Lot size
    1.63 Acres

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

    Listing agent Kyle T Killebrew

    Listing date Sep 26, 2025

    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 Lot in Chatham, IL

    This 1.63-acre residential lot offers an opportunity to build a custom home. The property is located within a sought-after school district and provides direct routes to major highways, including Veterans Parkway and Chatham Woodside Road, for commuting to Springfield and surrounding areas. Local amenities, shopping, and recreational facilities are nearby. The lot has the potential to house a walkout basement with some tree clearance. The property backs to Lake Springfield owned land, promising timber and nature views.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Map

    City
    Chatham
    County
    Sangamon
    State
    Illinois
    Longitude
    -89.70388675
    Latitude
    39.71411625

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    FAQs

    What type of property is this?
    Residential land & home lot - Expansive residential lot in a sought-after school district.
    Where is this residential land & home lot located?
    The property is located at State Route 4 Chatham, IL.
    What is the asking price?
    The asking price for this property is $89,000.
    What are key features of this property?
    This property features: - Expansive residential lot ideal for building a custom dream home.; - Located in a highly sought-after school district.; - Backs to Lake Springfield owned land, ensuring permanent seclusion and natural views.
    (217) 741-4040
    Request Owner's contact information
    State Route 4 Chatham, IL 62711
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    Chatham, IL 62711
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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
    State Route 4 Chatham, IL 62711
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