Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    3725 Chatham Rd Springfield, IL 62704

    For Sale
    $1,499,000

    25 Acres, Pool, Prime Location

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    368
    This exceptional mixed-use property presents a unique investment opportunity in Springfield, Illinois. Located adjacent to the Springfield Racquet and Fitness Center, this 25-acre parcel boasts 150 feet of frontage on Chatham Road, ensuring excellent visibility and accessibility. The property's S-2 zoning allows for a multitude of development options. Included in the sale is an existing pool, pool houses, associated equipment, and the Kids Camp area with its buildings. The site is strategically positioned approximately one mile south of Wabash Avenue, providing convenient access to a wealth of amenities, including shopping, restaurants, banks, and other retail establishments. Surrounded by established residential neighborhoods, this property offers significant potential for a variety of commercial and potentially residential uses. The approximately 24 acres immediately south and west of the fitness center are also available for purchase, expanding the development possibilities significantly. This is a rare chance to acquire a substantial land holding in a thriving Springfield location. The asking price for this remarkable opportunity is $1,499,000.

    Property Features for 3725 Chatham Rd

    General Information

    Property type
    Mixed-use properties
    Lot Size
    1,089,000 SF

    HighLights

    • $1,499,000 asking price for a mixed‑use property.
    • 25‑acre lot zoned S‑2 in Springfield, IL.
    • Located adjacent to Springfield Racquet and Fitness Center, offering high visibility and convenient access to Chatham Rd.
    • Potential for various uses, including acquisition of adjacent land and existing pool/pool house facilities.
    • Prime location near shopping, restaurants, and residential areas.
    Property Profile Insight Report 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

    Nearby Similar for Sale

    • $150,000
      Pending

      Mixed-Use Property with Income Potential

      Mixed-use property with commercial space, apartments, and income potential.
      612 South Grand Ave, Springfield, IL 62704
      View Details
    • $550,000
      5,056 SF

      Springfield Bar and Restaurant For Sale

      Near west side bar and restaurant with gaming room.
      1577 W Wabash Ave, Springfield, IL 62704
      View Details
    • $375,000
      Pending

      Updated Commercial Space in Springfield

      Updated 5,227 sq ft commercial space with high visibility.
      2445 S 5Th St, Springfield, IL 62703
      View Details
    • $795,000
      10,000 SF

      Well-Maintained Office Building For Sale

      Move-in ready office building with ample parking in Springfield, IL.
      801 S Durkin Dr, Springfield, IL 62704
      View Details
    • $199,900
      Pending

      Springfield Commercial Property Near Capitol

      Corner property near State Capital with conversion potential.
      116 E Edwards St, Springfield, IL 62704
      View Details
    • $399,000
      Pending

      Springfield Residential Income Property

      Six-unit apartment building near downtown Springfield.
      1001 S 1St St, Springfield, IL 62704
      View Details

    FAQs

    What type of property is this?
    Mixed-use property - 25 Acres, Pool, Prime Location
    Where is this mixed-use property located?
    The property is located at 3725 Chatham Rd Springfield, IL.
    What is the asking price?
    The asking price for this property is $1,499,000.
    What are key features of this property?
    This property features: $1,499,000 asking price for a mixed-use property.; 25-acre lot zoned S-2 in Springfield, IL.; Located adjacent to Springfield Racquet and Fitness Center, offering high visibility and convenient access to Chatham Rd.
    Request Owner's contact information
    3725 Chatham Rd Springfield, IL 62704
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    3725 Chatham Rd
    Springfield, IL 62704
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.