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Property profile & analytics
FOR SALE
Commercial land

71 Plummer Blvd Chatham, IL 62629

3.93 ac lot
Entity Owned 1-yr Hold Absentee Owner Free & Clear
Property ID
US28-4368758
Property summary
AI-generated overview

This exceptional 3.93-acre commercial lot, identified as APN 28010476009, presents a unique investment opportunity in Chatham, Illinois, a thriving suburb of Springfield. Located at 71 Plummer Blvd, 62629, this property boasts a highly desirable B2 zoning designation, opening doors to a wide range of commercial development possibilities. Situated in Chatham's most affluent area, experiencing significant residential and commercial growth, this land benefits from exceptional visibility and accessibility. The lot is strategically positioned west of Route 4, within a high-traffic zone, near the intersection of Route 4 and Independence Boulevard, and south of Route 4 and Plummer Boulevard. Daily traffic counts in this area range from 14,900 to 17,400 vehicles, ensuring substantial exposure for any commercial venture. The property's proximity to established businesses like County Market, Dollar General, Walgreens, Goodwill, Snap Fitness, Pizza Hut, Casey's, Arby's, and AT&T further enhances its appeal and potential for success. This prime location offers unparalleled opportunities for businesses seeking high visibility and access to a strong consumer base. The asking price for this exceptional property is $399,990. Don't miss this chance to secure a piece of Chatham's vibrant commercial landscape.

Property profile
Verified
Property type Commercial land
Use group VACANT COMMERCIAL LAND
Lot 3.93 ac (171,191 SF)
APN 28-01.0-476-009
UPID US28-4368758
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
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
R L P Development Co INC · 1 yrs held
R L P Development Co INC
since 2025
3 recorded transactions
2026
Price N/A
2025
Price N/A
2025
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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