Chatham Commercial Lots for
For Sale
Contact for pricing
298 Independence Drive, Chatham, IL 62629
Commercial lots available in rapidly growing Chatham, Illinois.
Property Size266,639 SF
Lot Size6.12 Acres
Price / SF$1.41
Days on Market107
Property Features for 298 Independence Drive
General Information
Standard status
Active
Size
266,639 SF
Lot size
6.12 Acres
Property subtype
Land
Zoning
B-1
Listing Agency:
Coldwell Banker Commercial Devonshire Realty
(217) 547-6650
Listed By:
Blake Pryor · License #475159138
Source:
Crexi
Added: May 12
Changed: Aug 25
Last Checked: Aug 25 at 9:17AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Coldwell Banker Commercial Devonshire Realty
Investment Insights
Based on property information with market context.
Multiple commercial lots are available for sale within the Foxx Creek Commercial Development, situated in Chatham, Illinois. The location is just west of IL-4/Main Street, a road with a traffic volume of 18,100 vehicles per day, providing visibility and accessibility. The current zoning allows for a range of retail, shopping, and personal service uses, catering to the daily needs of the local population. The area is experiencing commercial expansion, with developments including a 17,000 square foot Goodwill (2024), O'Reilly Auto Parts (2025), and Scooter's Coffee (2025). A new Dollar Tree is anchoring a nearby retail center, the USPS is relocating to that same center (both 2026), and NAPA Auto Parts is occupying the former Family Video location (2025). The trade area has a County Market shopping center, medical facilities, community banks, and a mix of restaurants and service providers. Approximately 97.4% of residents hold a high school diploma and nearly half (49.4%) hold a bachelor's degree or higher. The combined sales tax rate is 7.25%, compared to Springfield's 9.75%. Population and household counts within a 1-mile radius are projected to grow 2.7% over five years, and median home values in 2025 were approximately $290,000. The property size is 266639 square feet.
Key Highlights
- Located in a rapidly growing, affluent community with strong demographics.
- Excellent visibility and accessibility on a high‑traffic arterial road (18,100 vehicles per day).
- Current zoning supports a broad range of retail, shopping, and personal service uses.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
224
Businesses Nearby
Explore this area
Business Placement
Demographics for 62629, IL
15,255
Population
6,160
Households
2.5
Avg Household Size
37
Median Age
50%
College-Educated
97%
High-School Grad
34.9 sq mi
ZIP Area
437
Density / Sq Mi
$106,373
Median Household Income
$60,951
Median Earnings
$1,159
Median Rent
$232,000
Median Home Value
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Commercial land - Commercial lots available in rapidly growing Chatham, Illinois.
Where is this commercial land located?
The property is located at 298 Independence Drive Chatham, IL.
What is the asking price?
The asking price for this property is $374,900.
What are key features of this property?
This property features: Located in a rapidly growing, affluent community with strong demographics.; Excellent visibility and accessibility on a high‑traffic arterial road (18,100 vehicles per day).; Current zoning supports a broad range of retail, shopping, and personal service uses.
