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Restaurant Space with Patio
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321-323 N MAIN Street, Chatham, IL 62629

Commercial Lease, Chatham, IL

Space Size3,316 SF
Lot Size0.46 Acres
Days on Market123

Property Features for 321-323 N MAIN Street

General Information

Property type Commercial Lease
Property subtype Other
Zoning B-2
Parking 50
Directions Route 4 into Chatham (N Main), property is on west side
Standard status Active
APN 28-12.0-278-028
Lot size 0.46 Acres

Taxes and HOA fees

Tax Year 2024
Tax Description Lots 1,2& 3 Steven's Addn & 18'X120' Strip N Side Lot 1 (120X150)
Tax Annual Amount 17268
Legal Description Lots 1,2& 3 Steven's Addn & 18'X120' Strip N Side Lot 1 (120X150)

Utilities

Sewer type Public Sewer
Heating system Forced Air
Cooling system Central Air

Building Details

Floors in Building 1
Flooring type Tile, Concrete
Building materials Brick, Concrete, Block
Roof type Flat
Listing Agency: The Real Estate Group, Inc.
Listed By: Jerry George · License #475159363
Added: May 27 Changed: Sep 22 Last Checked: Sep 26 at 10:06AM
MLS# CA1043991

Copyright © 2026 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.

Investment Insights

Based on property information with market context.

Located at 321-323 N Main Street in Chatham, this 3,316-square-foot restaurant space is configured for food and beverage operations. The unit includes a built-in bar, an additional interior area, and a patio that expands seating options.

The property is zoned B-2 and positioned on N Main Street. Existing improvements support a range of restaurant-oriented concepts, including a café, coffee shop, or bakery. Building systems include forced-air heating, central air conditioning, tile and concrete flooring, and a flat roof.

Key Highlights

  • 3,316‑square‑foot restaurant space
  • Patio provides additional seating area
  • Built‑in bar included in the unit

Property Analytics

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Current Use

Conventional restaurants

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Restaurant Skin Care Clinic Hair Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Paved road access
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

496
Businesses Nearby
Under-served
Demand for This Use

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - B-2-zoned space includes a built-in bar and patio for additional seating.
Where is this conventional restaurant located?
The property is located at 321-323 N MAIN Street Chatham, IL.
What are key features of this property?
This property features: 3,316‑square‑foot restaurant space; Patio provides additional seating area; Built‑in bar included in the unit
More about this property
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