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Property profile & analytics

602 E Walnut St Chatham, IL 62629

  • Commercial real estate
Value Estimations
Cap Rate Potential
Location Intelligence
Property ID
US28-2669310
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Barkers Paradise Pet Salon / Pet Groomer
  • Doggie Stylez pet grooming / Pet Groomer
  • Amanda Camden Photography / Photographer
  • All Dolled Up Hair Salon / Beauty Salon

Property Details for 602 E Walnut St

Property type
Commercial real estate

Description

This exceptional investment opportunity presents a prime commercial property located at 602 E WALNUT Street in Chatham, Illinois, 62629. Priced at $299,000, this solid strip-style building offers four separate rental units, currently all occupied, making it an ideal income-generating asset. The property boasts a recently installed new roof, ensuring long-term structural integrity and minimizing maintenance costs. Furthermore, the individual units have undergone recent updates, enhancing their appeal to tenants and maximizing rental potential. The building enjoys a highly visible street-front location, ensuring excellent exposure to potential customers and maximizing foot traffic. This translates to strong tenant occupancy rates and a consistent stream of rental income. The property is classified as both land and retail, offering flexibility for future development or continued operation as a multi-tenant retail space. This is a rare opportunity to acquire a well-maintained, high-visibility commercial property in a thriving Illinois community. The property's strong tenant occupancy and recent upgrades make it a compelling investment for those seeking a stable and profitable addition to their portfolio. Detailed financial information is available upon request. The property is situated in Sangamon County.


Value Estimations

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  • CAP approach

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Location Insight

  • Map
  • Local Demand
City
Chatham
County
Sangamon
State
Illinois
Longitude
-89.6985898
Latitude
39.6761965
More about this property
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