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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

215-221 Main St Chatham, IL 62629

Property ID
Property summary
AI-generated overview

This exceptional commercial property, located at 215-221 N Main Street in Chatham, Illinois (zip code 62629), presents a unique investment opportunity. 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 features a total of 3,600 square feet of space, currently divided into three suites: 1,764 square feet, 1,364 square feet, and 472 square feet. The zoning is B-2, allowing for a variety of commercial uses. The property is ideal for a range of businesses, including but not limited to insurance agencies, accounting firms, and chiropractic offices. Its prime location in the heart of Chatham places it in close proximity to numerous established businesses such as McDonald's, AJ's, Hucks, Shell, and Sangamo Brewing, ensuring high foot traffic and brand visibility. The property's APN is 28120428014. This single-tenant building presents a rare opportunity to acquire a well-positioned commercial property in a thriving Illinois community. The land and building offer significant potential for growth and return on investment. This is a must-see property for any discerning investor seeking a high-traffic, versatile commercial space in a desirable location.

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
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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