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Property profile

20 Cottonwood Dr Chatham, IL 62629

OFF-MARKET
Retail properties & Spaces
1 SF
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Property summary

AI-generated overview

This exceptional commercial property located at 20 COTTONWOOD Drive, Chatham, IL 62629, presents a unique investment opportunity. Situated on a single-tenant lot with a total building area of 1,932 square feet, this property offers versatile usage potential. The zoning is B-1, allowing for a variety of commercial endeavors. The property's single suite layout provides efficiency and ease of management. The building's well-maintained condition is a significant advantage, minimizing immediate capital expenditure needs. Its prime Chatham location ensures high visibility and accessibility, making it an attractive option for businesses seeking a strong foothold in the community. The property's address is 20 COTTONWOOD Drive, and its Sangamon County APN is 28120278044. The property's size, combined with its flexible zoning and desirable location, makes it ideal for a range of commercial uses, including retail, studio space, or office space. This is a rare opportunity to acquire a well-maintained, affordable commercial property in a thriving Illinois community. The property is ready for immediate occupancy. The vacant square footage is 1,932 square feet. This property is a single-tenant building.

Property profile

Verified
Property type Retail properties & Spaces
Total area 1 SF

Cap rate & NOI

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

Location

20 Cottonwood Dr Chatham, IL 62629
Chatham metro
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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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