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Restaurant Space with Patio

321-323 N MAIN Street, Chatham, IL 62629

For Lease
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Commercial Lease, Chatham, IL

Space Size3,316 SF
Lot Size0.46 Acres
Days on Market168

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 Concrete, Tile
Building materials Brick, Concrete, Block
Roof type Flat
Listing Agency: The Real Estate Group, Inc.
Listed By: Jerry George · License IL #475159363
Added: May 27 Changed: Oct 30 Last Checked: Nov 10 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.

Rey
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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

Who owns this building? See the owner, sales and loan history
Open Analytics

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

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

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
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Includes: Price & PSF · Cap rate · Location · Zoning

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