Listing Agency: The Real Estate Group, Inc. t***@mussoteam.com Show Phone

Listed By: Todd Musso · License #471001796

Source: Crexi

Added: Jul 19, 2024 Changed: Aug 17 Last Checked: Aug 20 at 12:58PM

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Investment Insights

Based on property information with market context.

This strip-style building in Chatham is divided into four separate units. The building features a new roof, and the units have been updated. The property offers high visibility and is presented as an investment opportunity. The building size is 2,240 square feet.

Key Highlights

• High visibility location
• Solid strip style building
• Divided into 4 separate units

Property Analytics

Property Profile

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.

Location Intelligence

Trade Area within ½ mile

383

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

Market

Vacancy Rate% for Retail in Midwest region

8% 2020

7.3% 2021

6.5% 2022

6% 2023

5.7% 2024

6.3% 2025

Questions? Ask Rey

Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

What type of property is this? Where is this strip malls located? What is the asking price? Find similar properties ... What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Strip mall - Strip mall in Chatham with four units and new roof.

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: High visibility location; Solid strip style building; Divided into 4 separate units