114B Independence Dr Chatham, IL 62629
- Land
- 2.14 lot acres
Current Use by Public Records
- Land
Property Details for 114B Independence Dr
- Lot size
- 2.14 lot acres
- Property type
- Land
Description
This exceptional 2.14-acre commercial lot, identified as APN 28010476004, is situated at 114B Independence Dr, Chatham, IL 62629. Zoned B1, this property presents a remarkable opportunity for commercial development in a thriving area. Located west of Route 4 in Chatham's most affluent suburb, it benefits from exceptionally high vehicle and foot traffic, averaging 14,900-17,400 vehicles daily. Its strategic position near the intersection of Route 4 and Independence Boulevard, south of the Route 4 and Plummer intersection, ensures excellent visibility and accessibility. The property boasts Route 4 frontage adjacent to Foxx Creek Plaza, placing it amongst established retail and commercial neighbors including County Market, Dollar General, Walgreens, Goodwill, Snap Fitness, Pizza Hut, Casey's, Arby's, and AT&T. Residential and commercial development is actively underway in the immediate vicinity, indicating a robust and growing market. The asking price for this prime commercial land is $369,990. This presents a unique chance to capitalize on a high-demand location with strong existing infrastructure and a promising future. Don't miss this opportunity to secure a foothold in this dynamic commercial corridor.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Chatham
- County
- Sangamon
- State
- Illinois
- Longitude
- -89.7052
- Latitude
- 39.6887
