Property summary
This exceptional 8+ acre property, located at 000 Main Street in Chatham, Illinois (zip code 62629), presents a unique development opportunity. Zoned AG, this expansive parcel boasts significant frontage, ideal for a variety of commercial ventures. The land features existing sewer access, a considerable advantage for future construction projects. A key feature is the potential for walk-out basements on most of the lots, enhancing the desirability of future residential development. Preliminary assessments suggest the site could accommodate at least ten single-family homes. Access to the property is conveniently provided via Piper Glen. It's important to note that a single-family dwelling situated on the northwest corner of the property is not included in this sale; the sale encompasses only the 8+ acres of land. This location offers a blend of commercial and residential potential, making it an attractive investment for developers seeking a versatile and strategically located site in the thriving Chatham, Illinois market. The property's coordinates are 39.6575185 latitude and -89.7042863 longitude. The asking price for this exceptional development opportunity is $325,000.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Value estimation
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from $99/month
Cap rate
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from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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