805 Chatham Rd Springfield, IL 62704
- Commercial land
- 1.64 lot acres
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
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CAP approach
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Comparable approach
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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