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    Lots Foxx Crk Chatham, IL 62629

    For Sale
    $449,990

    Commercial lots in Chatham's high-traffic area near Route 4.

    Property size:
    6 SF
    Lot size:
    6.12 Acres

    Property Features for Lots Foxx Crk

    General Information

    Zoning
    B1 & B2
    Size
    6 SF
    Lot size
    6.12 Acres

    Source: Denise Bean-Mathis Agent Denise Bean-Mathis

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Chatham Commercial Lots Available

    Commercial lots are available in Chatham, Illinois, situated in Springfield’s most affluent suburb. The area is experiencing ongoing residential and commercial development. These lots are located west of Route 4, within Chatham’s highest vehicle and foot traffic area, near the intersection of Route 4 and Independence Boulevard, and south of the Route 4 and Plummer intersection. The Jason Place lots feature frontage on Route 4, positioned in front of Foxx Creek Plaza. Traffic counts in the area are strong, ranging from 14,900 to 17,400 vehicles per day. Neighboring retail and commercial establishments include County Market, Dollar General, Walgreens, Goodwill, Snap Fitness, Pizza Hut, Casey’s, Arby’s, and AT&T. An O'Rielly Auto Parts store is upcoming. The property size is approximately 6 acres.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Map

    City
    Chatham
    County
    Sangamon
    State
    Illinois
    Longitude
    -89.7531
    Latitude
    39.6563

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    FAQs

    What type of property is this?
    Commercial land - Commercial lots in Chatham's high-traffic area near Route 4.
    Where is this commercial land located?
    The property is located at Lots Foxx Crk Chatham, IL.
    What is the asking price?
    The asking price for this property is $449,990.
    What are key features of this property?
    This property features: - Located in Springfield's most affluent suburb.; - High vehicle and foot traffic area on Route 4 frontage.; - Strong traffic counts (14,900-17,400 vehicles per day).
    (217) 377-1944
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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

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    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
    Lots Foxx Crk Chatham, IL 62629
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