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Prime Chatham Corner Retail/Office
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215-221 N MAIN Street, Chatham, IL 62629

Excellent location in the heart of Chatham.

Property Size6,901 SF
Price / SF$99.97
Days on Market716

Property Features for 215-221 N MAIN Street

General Information

Standard status Active
Size 6,901 SF
Property subtype Retail, Office
Zoning B-2
Occupancy 100%
Lease Type Modified Gross

Building Details

Buildings 1
Tenancy Multi
Listing Agency: RMLS Alliance
Listed By: Jay Clark · License #475103848
Source: Crexi
Added: Sep 4, 2024 Changed: Aug 8 Last Checked: Aug 20 at 10:34AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of RMLS Alliance

Investment Insights

Based on property information with market context.

Located in the heart of Chatham, this property occupies the southwest corner of Main St. (IL4) and Walnut. The property offers an investment opportunity for an end user, with the potential to offset ownership costs through tenant spaces, or as a strictly investment property. The space is suitable for insurance, accounting, or chiropractor offices. The total available square footage is 3,238, currently partitioned into two spaces of 1,764 sq ft and 1,364 sq ft. The location benefits from high visibility, with a traffic count of 14,000 cars per day. Current tenants include a hair salon and spa, and a sports memorabilia business. The property is in close proximity to McDonalds, AJ's, Hucks, Shell, and Sangamo Brewing.

Key Highlights

  • Excellent location in the heart of Chatham on Main St. (IL4) and Walnut.
  • Investment opportunity with potential for owner occupancy and tenant income.
  • Total available space of 3,238 sq ft, divisible into two spaces (1,764 sq ft and 1,364 sq ft).

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Real Estate Agency Dental Office Law Firm Restaurant Building Supply Auto Repair Shop

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

385
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 Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
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Frequently Asked Questions

What type of property is this?
Retail space - Excellent location in the heart of Chatham.
Where is this retail space located?
The property is located at 215-221 N MAIN Street Chatham, IL.
What is the asking price?
The asking price for this property is $689,900.
What are key features of this property?
This property features: Excellent location in the heart of Chatham on Main St. (IL4) and Walnut.; Investment opportunity with potential for owner occupancy and tenant income.; Total available space of 3,238 sq ft, divisible into two spaces (1,764 sq ft and 1,364 sq ft).
(217) 725-3402 Call to check price and availability
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