20 Cottonwood Dr Chatham, IL 62629
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.