Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search

    000 Main St Chatham, IL 62629

    Sponsored
    For Sale
    $325,000

    Prime Chatham land, ideal for development. 8+ acres, sewer available.

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    339
    This exceptional 8.37-acre commercial property presents a unique development opportunity in Chatham, Illinois. Zoned for agricultural use (AG), this expansive parcel offers significant potential for a variety of commercial ventures. The property boasts excellent road frontage, providing high visibility and accessibility for any business. A key advantage is the availability of on-site sewer, simplifying infrastructure development. The site's topography allows for the construction of numerous walk-out homes, with preliminary assessments suggesting the potential for at least ten residential units. It's important to note that a single-family dwelling located on the northwest corner of the property is not included in this sale

    Property Features for 000 Main St

    General Information

    Property type
    Other commercial real estate
    Lot Size
    364,597 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    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
    Chatham
    County
    Sangamon
    State
    Illinois
    Longitude
    -89.70452
    Latitude
    39.67429

    Nearby Comparable

    • $689,900

      Chatham Commercial Property For Sale

      Commercial property in the heart of Chatham, Illinois, for sale.
      215-221 N Main St, Chatham, IL 62629
      View Details
    • $689,900

      Chatham Commercial Building - Prime Location

      High-traffic, multi-use building, excellent investment.
      215-221 Main St, Chatham, IL 62629
      View Details
    • $299,000

      Chatham Retail Building - Great Investment

      Four-unit retail building, high visibility, updated.
      602 Walnut St, Chatham, IL 62629
      View Details
    • $275,000

      Commercial Building in Chatham, Illinois

      Strip-style building with four units and high visibility.
      602 E Walnut St, Chatham, IL 62629
      View Details
    • $299,000
      2,240 SF

      Chatham Commercial Building - Great Investment!

      Four-unit building, high visibility, updated. Excellent rental income.
      602 Walnut St, Chatham, IL 62629
      View Details
    • $395,000
      3,430 SF

      Chatham Commercial Building - Great Location!

      Spacious Commercial Building, Ample Parking, Ideal for Auto or Warehouse Use.
      11 Cottonwood Dr, Chatham, IL 62629
      View Details
    • New
      $395,000
      0.93 Acres

      Chatham Commercial Building For Sale

      Commercial building in excellent condition with great visibility and accessibility.
      11 Cottonwood Dr, Chatham, IL 62629
      View Details
    • $419,900

      Chatham, IL Four-Unit Investment

      Four-unit property in Chatham, Illinois with long-term tenants.
      26/28/30/32 Cir Dr, Chatham, IL 62629
      View Details
    • Contact for pricing
      1.12 Acres

      Chatham Commercial Land Opportunity

      Prime IL commercial lots, high traffic area.
      Lots Foxx Crk, Chatham, IL 62629
      View Details

    Nearby Similar for Sale

    • New
      $395,000
      0.93 Acres

      Chatham Commercial Building For Sale

      Commercial building in excellent condition with great visibility and accessibility.
      11 Cottonwood Dr, Chatham, IL 62629
      View Details
    • $689,900

      Chatham Commercial Property For Sale

      Commercial property in the heart of Chatham, Illinois, for sale.
      215-221 N Main St, Chatham, IL 62629
      View Details
    • $419,900

      Chatham, IL Four-Unit Investment

      Four-unit property in Chatham, Illinois with long-term tenants.
      26/28/30/32 Cir Dr, Chatham, IL 62629
      View Details
    • $275,000

      Commercial Building in Chatham, Illinois

      Strip-style building with four units and high visibility.
      602 E Walnut St, Chatham, IL 62629
      View Details
    • $299,000
      2,240 SF

      Chatham Commercial Building - Great Investment!

      Four-unit building, high visibility, updated. Excellent rental income.
      602 Walnut St, Chatham, IL 62629
      View Details
    • $395,000
      3,430 SF

      Chatham Commercial Building - Great Location!

      Spacious Commercial Building, Ample Parking, Ideal for Auto or Warehouse Use.
      11 Cottonwood Dr, Chatham, IL 62629
      View Details
    • $325,000

      Chatham, IL: 8+ Acre Development Land

      Prime 8+ acre Chatham, IL development opportunity.
      000 Main St, Chatham, IL 62629
      View Details

    FAQs

    What type of property is this?
    Commercial real estate - Prime Chatham land, ideal for development. 8+ acres, sewer available.
    Where is this commercial real estate located?
    The property is located at 000 Main St Chatham, IL.
    What is the asking price?
    The asking price for this property is $325,000.
    Request Owner's contact information
    000 Main St Chatham, IL 62629
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    000 Main St
    Chatham, IL 62629
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    000 Main St Chatham, IL 62629
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.