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Property profile & analytics

805 Chatham Rd Springfield, IL 62704

  • Commercial land
  • 1.64 lot acres
Value Estimation
Location Intelligence
Property ID
US28-2858648
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

  • Building Blocks Preschool Inc / Day Care Center / Learning Center

Property Details for 805 Chatham Rd

Lot size
1.64 lot acres
Property type
Commercial land
APN
14-32.0-301-022
APU
14320301022

Description

This exceptional 31,000 square foot commercial building presents a unique investment opportunity in Springfield, Illinois. Situated on a 2.2-acre lot at the highly visible southwest corner of Chatham Road and Lawrence Avenue, this property boasts unparalleled exposure to significant traffic flow. Currently configured as a daycare center, the building offers ample indoor and outdoor space, making it suitable for a variety of commercial uses. The expansive square footage allows for flexible layouts to accommodate diverse business needs. The prime location ensures easy access to all areas of Springfield, providing convenience for both employees and customers. This property represents a rare chance to acquire a substantial commercial building in a desirable location with high visibility and significant potential for future growth. The building's current use as a daycare demonstrates its adaptability and suitability for businesses requiring substantial space. The 2.2-acre lot provides ample room for expansion or outdoor activities, depending on the intended use. This is an exceptional opportunity for businesses seeking a prominent presence in the Springfield market. The asking price of $2,000,000 reflects the significant value and potential of this remarkable property. Don't miss this chance to secure a prime commercial location in a thriving community.

Value Estimation

Powered by Realmo proprietary methodology Last update: July 3, 2025
  • CAP approach

  • Comparable approach

  • Alternative Use

Location Insight

  • Map
  • Local Demand
City
Springfield
County
Sangamon
State
Illinois
Longitude
-89.688
Latitude
39.7938
CBSA code
44100
CBSA name
SPRINGFIELD, IL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$6,173
$69,822
$0.00
$69,822
-
$209,466
$0.00
$209,466
More about this property
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