Chatham Commercial Lots for
298 Independence Drive, Chatham, IL 62629
Call to check price and availability
Commercial lots available in rapidly growing Chatham, Illinois.
Type:Land
Property size:
266,639 SFLot size:
6.12 AcresPrice / SF:
$1.41/SF- Added:
- May 12, 2026
- Days on Market:
- 16
- Last Refresh:
- May 14 at 9:31 pm
Property Features for 298 Independence Drive
General Information
- Standard status
- Active
- Size
- 266,639 SF
- Lot size
- 6.12 Acres
- Property subtype
- Land
Listing agent Blake Pryor License #475159138
Listing office Coldwell Banker Commercial Devonshire Realty (217) 547-6650
Listing date May 12, 2026
Source Crexi
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
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.
- Significant commercial expansion in the immediate area.
- Lower combined sales tax rate (7.25%) compared to Springfield (9.75%), creating a business‑friendly environment.
- Strong retail density anchored by a County Market shopping center.
Overview
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.
Location Intelligence
Current Use by Public Records
Commercial land
Location Insight
- Map
- Local Demand
- City
- Chatham
- County
- Sangamon
- State
- Illinois
- Longitude
- -89.712786
- Latitude
- 39.688553
Nearby Similar for Sale
FAQs
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.
