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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, located at 215-221 N Main Street in Chatham, Illinois (zip code 62629), offers a versatile 3,601 square foot space ideal for a variety of businesses. Situated on the southwest corner of Main Street (IL Route 4) and Walnut Street, this property boasts unparalleled visibility and accessibility, with a daily traffic count exceeding 14,000 vehicles. The property is zoned B-2 and features a single tenancy across one building with a total of one suite. Currently configured into three separate spaces (1,764 sq ft, 1,364 sq ft, and 472 sq ft), this layout offers flexibility for various business needs. The property's prime location places it in close proximity to several established businesses, including McDonald's, AJ's, Hucks, Shell, and Sangamo Brewing, ensuring high foot traffic and brand visibility. The property's APN is 28120428014. This is a rare opportunity to acquire a high-traffic, well-located commercial property in the thriving town of Chatham, Illinois. The property type includes land, office, restaurant, and retail uses.

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
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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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