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Property profile

215-221 Main St Chatham, IL 62629

OFF-MARKET
Retail properties & Spaces
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Property summary

AI-generated overview

This exceptional commercial property at 215-221 N Main Street in Chatham, Illinois (zip code 62629), offers a prime location in the heart of town. Situated on the southwest corner of Main Street (IL-4) and Walnut, this property boasts excellent visibility and high traffic counts, averaging 14,000 cars daily. The property features a total of 3,600 square feet of space, currently divided into three suites: 1,764 sq ft, 1,364 sq ft, and 472 sq ft. The property is zoned B-2, making it suitable for a variety of commercial uses. The single-tenant building is ideal for businesses such as insurance agencies, accounting firms, or chiropractic offices. Its strategic location offers easy access to numerous amenities, including McDonald's, AJ's, Hucks, Shell, and Sangamo Brewing. The property's APN is 28120428014. This is a rare opportunity to acquire a well-positioned commercial property in a thriving Illinois community. The property includes land and is suitable for office, restaurant, and retail uses. The high daily traffic count ensures significant exposure for any business operating from this location. This property is a must-see for any entrepreneur looking to establish a presence in a bustling commercial area.

Property profile

Verified
Property type Retail properties & Spaces

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

215-221 Main St Chatham, IL 62629
Chatham metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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