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    Property profile & analytics

    Chatham, IL 62629

    • Commercial land
    • 0.47 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Sep 07, 2023
    $2,025,000
    Location Intelligence
    Property ID
    US28-3206748
    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

    • Commercial land

    Property Details

    Lot size
    0.47 lot acres
    Property type
    Commercial land
    APN
    28-12.0-481-025
    APU
    28120481025

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Chatham
    County
    Sangamon
    State
    Illinois
    Longitude
    -89.7066
    Latitude
    39.6716
    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
    $529
    $7,043
    $0.00
    $7,043
    -
    $21,129
    $0.00
    $21,129

    Comparable in this City

    • Value Estimation by Request
      3.93 Acres

      71 Plummer Blvd

      VACANT COMMERCIAL LAND • 3.93 Acres
      71 Plummer Blvd, Chatham, IL 62629-2024
      View Details
    • Value Estimation by Request
      0.39 Acres

      151 Market St

      VACANT COMMERCIAL LAND • 0.39 Acres
      151 Market St, Chatham, IL 62629-1326
      View Details
    • Value Estimation by Request
      2.54 Acres

      7300 Woodland Trl

      VACANT COMMERCIAL LAND • 2.54 Acres
      7300 Woodland Trl, Chatham, IL 62629
      View Details
    • Value Estimation by Request
      0.38 Acres

      Chatham, IL 62629

      VACANT COMMERCIAL LAND • 0.38 Acres
      Chatham, IL 62629
      View Details
    • Value Estimation by Request
      3.25 Acres

      Chatham, IL 62629

      VACANT COMMERCIAL LAND • 3.25 Acres
      Chatham, IL 62629
      View Details
    • Value Estimation by Request
      0.14 Acres

      207 Ash Ln

      VACANT COMMERCIAL LAND • 0.14 Acres
      207 Ash Ln, Chatham, IL 62629-1184
      View Details

    Similar Nearby for Sale

    • $325,000
      8.37 Acres

      Chatham Land with Business Potential

      8+ acres in Chatham, IL, suitable for homes or business.
      Main St, Chatham, IL 62629
      View Details
    • $449,990
      6 SF

      Chatham Commercial Lots Available

      Commercial lots in Chatham's high-traffic area near Route 4.
      Lots Foxx Crk, Chatham, IL 62629
      View Details
    • $399,990
      3.93 Acres

      Chatham Commercial Land - Prime Location

      3.93-acre lot, B2 zoning, high traffic area.
      71 Plummer Blvd, Chatham, IL 62629
      View Details
    • $68,000

      Residential Land in Chatham, IL

      Corner lot available for building a dream home.
      421 Manor Hill Dr, Chatham, IL 62629
      View Details
    • $84,900
      0.41 Acres

      Residential Lot in Chatham, IL

      Residential lot ready for single-family home construction.
      Spartan Dr, Chatham, IL 62629
      View Details
    • $84,900
      0.41 Acres

      Residential Lot in Chatham, IL

      Residential lot available in Chatham, Illinois, ready for construction.
      Spartan Dr, Chatham, IL 62629
      View Details

    Similar Nearby for Lease

    • $14 SF/Yr
      1,764 SF

      Chatham Commercial Property: Main Street Gem

      High-traffic location, versatile space, excellent visibility.
      215-221 Main St, Chatham, IL 62629
      View Details
    • Contact for pricing
      7,043 SF

      Chatham Retail Strip Center

      7,043 SF Retail Space, High Visibility
      210 Main St, Chatham, IL 62629
      View Details
    • $16 SF/Yr
      4,224 SF

      Retail Center Near IL-4

      Retail spaces available in Chatham, Illinois, near Springfield.
      73-95 W Plummer Blvd, Chatham, IL 62629
      View Details
    • Contact for pricing
      20,038 SF

      Chatham Commercial Space with Drive-Thru

      Restaurant space with drive-thru and patio in Chatham, Illinois.
      325 N Main St, Chatham, IL 62629
      View Details
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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