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4-Unit Strip Mall
For Sale
$215,000

602 E WALNUT Street, Chatham, IL 62629

COMMERCIAL - Chatham, IL

Property SizeContact for details
Days on Market221

Property Features for 602 E WALNUT Street

General Information

Property type Commercial Sale
Property subtype Other
Zoning commercial
Directions Rt 4 to Chatham Turn East on Walnut building on South side
Standard status Active
APN 29070328006

Taxes and HOA fees

Tax Annual Amount 5583

Utilities

Sewer type Public Sewer
Heating system Natural Gas, Forced Air
Cooling system Central Air, Multi Units

Building Details

Floors in Building 1
Flooring type Tile
Building materials Brick, Vinyl Siding, Frame
Roof type Shake
Listing Agency: The Real Estate Group, Inc.
Listed By: Todd Musso · License #471001796
Added: Jan 9 Changed: Aug 7 Last Checked: Aug 18 at 12:06AM
MLS# CA1041261

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.

This strip mall property is configured as four separate commercial units, providing a multi-tenant layout within one building. The spaces have been updated and include tile flooring. Building systems include natural gas forced-air heat and central air conditioning with multiple units. The property also has a new roof and public sewer service.

Located at 602 E Walnut Street in Chatham, Illinois, the asset is positioned within a commercial setting and is identified for strip mall use. Its unit configuration, updated interiors, and building-level improvements support a range of storefront-oriented commercial occupancy options.

Key Highlights

  • Four separate commercial units within one strip mall building
  • Updated units with tile flooring
  • New roof

Property Analytics

Current Use

Barkers Paradise Pet ... Pet Grooming Service Doggie Stylez pet ... Pet Grooming Service Amanda Camden Photography Photography Service All Dolled Up ... Hair Salon

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Skin Care Clinic Kitchen & Bath Showroom Auto Parts Store

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

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

377
Businesses Nearby

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

Market

Vacancy Rate% for Retail in Midwest region

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

What type of property is this?
Strip mall - Updated commercial spaces feature central air, tile flooring, and public sewer service.
Where is this strip mall located?
The property is located at 602 E WALNUT Street Chatham, IL.
What is the asking price?
The asking price for this property is $215,000.
What are key features of this property?
This property features: Four separate commercial units within one strip mall building; Updated units with tile flooring; New roof
More about this property
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