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Property profile & analytics
OFF-MARKET
Land

1529 Main St Chatham, IL 62629

48.99 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 48.99-acre parcel presents a unique development opportunity in Chatham, Illinois, strategically positioned between Chatham and Springfield. The property boasts excellent visibility and accessibility directly off Route 4, offering significant advantages for developers. Its location at 1529 N Main St provides three convenient access points, ensuring smooth ingress and egress for both residential and commercial traffic. This prime location benefits from strong neighboring businesses, creating a vibrant and established commercial environment. Nearby businesses include County Market, Dollar General, Walgreens, Goodwill, Snap Fitness, Pizza Hut, Casey's, Arby's, and AT&T, providing a diverse range of retail and commercial options for potential residents and customers. The property's APN is 28-01.0-200-025. This versatile land offers significant potential for a variety of commercial and residential developments, capitalizing on its high-traffic location and proximity to established amenities. The substantial lot size allows for ample flexibility in design and development plans, making it an attractive investment for discerning developers seeking a prime location in a thriving community. This is a rare opportunity to acquire a large, well-located parcel in a growing area of Illinois.

Property profile
Verified
Property type Land
Lot 48.99 ac (2,134,004 SF)
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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