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    3725 Chatham Rd Springfield, IL 62704

    Sponsored
    For Sale
    $599,000

    Prime Sports/Entertainment Property, 24 Acres Available

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    395
    Exceptional investment opportunity in Springfield, Illinois! This unique offering includes a fully equipped pool complex featuring pool houses and all necessary equipment. The property is ideally situated adjacent to the Springfield Racquet and Fitness Center, presenting synergistic development potential. The sale encompasses the existing pool facilities and offers the exciting possibility of acquiring approximately 24 additional acres of land immediately south and west of the center. This expansive land parcel presents a multitude of development options, further enhancing the investment's value. The property benefits from excellent visibility and accessibility, boasting 150 feet of frontage on Chatham Road. The current zoning is S-2, allowing for a range of uses. This is a rare chance to acquire a turnkey sports and entertainment asset with significant expansion potential in a desirable location. The asking price for this exceptional property is $599,000. Serious inquiries only.

    Property Features for 3725 Chatham Rd

    General Information

    Property type
    Specialty properties

    HighLights

    • Prime pool, pool houses, and equipment for sale, adjacent to Springfield Racquet and Fitness Center.
    • Approximately 24 acres of adjacent land available for purchase, ideal for development.
    • 150 feet of frontage on Chatham Road provides excellent accessibility.
    Property Profile Location Intelligence

    Current Use by Public Records

    Springfield Racquet & Fitness ... Gym Kids Camp, Inc. Children'S Camp

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Auto Repair Shop Clothing Store Hotel & Motel Pharmacy Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Springfield
    County
    Sangamon
    State
    Illinois
    Longitude
    -89.686641
    Latitude
    39.7505677

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    FAQs

    What type of property is this?
    Specialty property - Prime Sports/Entertainment Property, 24 Acres Available
    Where is this specialty property located?
    The property is located at 3725 Chatham Rd Springfield, IL.
    What is the asking price?
    The asking price for this property is $599,000.
    What are key features of this property?
    This property features: Prime pool, pool houses, and equipment for sale, adjacent to Springfield Racquet and Fitness Center.; Approximately 24 acres of adjacent land available for purchase, ideal for development.; 150 feet of frontage on Chatham Road provides excellent accessibility.
    Request Owner's contact information
    3725 Chatham Rd Springfield, IL 62704
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    Springfield, IL 62704
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    3725 Chatham Rd Springfield, IL 62704
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