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Chatham, IL Retail Properties & Spaces for Sale

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Updated Storefront Commercial Property
Updated: Aug 18
Updated Storefront Commercial Property

404 E WALNUT Street, Chatham, IL 62629

$135,000
0.13 AC lot
0.13‑acre commercial storefront property in Chatham, IL
B1 zoning
Eight private parking spaces on site
Wheelchair‑accessible ramp
Central air conditioning and natural gas heating
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Storefront Property with Garage
Updated: May 15
Storefront Property with Garage

108 MULBERRY Street, Chatham, IL 62629

$415,000
Existing salon configuration with multiple rooms and separate entrances
More than 3,000 square feet of additional space behind the salon
24x32 garage with an 8‑foot overhead door
B‑2 zoning
Forced‑air heating with central air and window or wall units
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Four-Unit Strip Mall Building
Four-Unit Strip Mall Building

602 E WALNUT Street, Chatham, IL 62629

$215,000

The property contains four separate units with updated interiors and a recently installed roof.

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See what stands out in Sangamon County

We check every for-sale listing in the county against comparable properties across the country. Most price about where you would expect. A few are worth a second look.

We check every listing here. A few are worth a second look.

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Local Demand available after sign in
Chatham Strip Mall For Sale
Chatham Strip Mall For Sale

602 E WALNUT Street, Chatham, IL 62629

Contact for pricing
2,240 sqft

Strip mall in Chatham with four units and new roof.

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Flexible Office Units
Flexible Office Units

20 COTTONWOOD Drive, Chatham, IL 62629

Contact for pricing

Configured for office, studio, or retail use.

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Based on your search, we've compiled 21 Potential Opportunities for your consideration. Besides 5 Active listings in Chatham, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 8 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Standalone Restaurant with Outdoor Patios
Standalone Restaurant with Outdoor Patios

11055 W Roosevelt Road, Westchester, IL 60154

$1,500,000
0.25 AC lot

Newer construction restaurant with prominent roadside signage, central air, on-site parking, and two seasonal dining areas.

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Mixed-Use Retail and Residential Property
Mixed-Use Retail and Residential Property

9865-9869 W Roosevelt Rd, Westchester, IL 60154

Contact for pricing
35,870 sqft

Ground-floor storefronts with upper-level residential units offer diversified space for service and living tenants.

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Drive-Through Restaurant Package
Drive-Through Restaurant Package

1295 TORONTO Road, Springfield, IL 62707

$999,999
0.74 AC lot

A remodeled Subway franchise is paired with a three-tenant commercial building and billboard on the same parcel.

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Commercial Land with Service Station
Commercial Land with Service Station

6000 S 6th Street Frontage Road, Springfield, IL 62702

$550,000
1.63 AC lot

B-1-zoned land includes an existing gas and service-station structure with an NFR certificate.

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Chatham Commercial Lots for Sale
Chatham Commercial Lots for Sale

71 Plummer Boulevard, Chatham, IL 62629

Contact for pricing
171,190 sqft 3.93 AC lot

Commercial lots available in rapidly growing Chatham, Illinois.

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Chatham Commercial Lots Available
Chatham Commercial Lots Available

135 Independence Drive, Chatham, IL 62629

Contact for pricing
141,382 sqft 3.25 AC lot

Commercial lots for sale in rapidly growing Chatham, Illinois.

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Chatham Commercial Lots for Sale
Chatham Commercial Lots for Sale

298 Independence Drive, Chatham, IL 62629

Contact for pricing
266,639 sqft 6.12 AC lot

Commercial lots available in rapidly growing Chatham, Illinois.

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Commercial Land with Parkway Frontage
Commercial Land with Parkway Frontage

4351 Conestoga Drive, Springfield, IL 62707

$440,000
2.46 AC lot

B-1-zoned parcel with water available and nearby retail, restaurant, and hotel uses.

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Off-Market Properties in Chatham, IL

Consider similar Off-Market properties in Chatham, IL. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

215-221 Main St
Restaurants

215-221 Main St, Chatham, IL 62629

Value Estimation by Request
View details
215-221 Main St
Restaurants

215-221 Main St, Chatham, IL 62629

Value Estimation by Request
View details
1000 Jason Pl
Neighborhood centers

1000 Jason Pl, Chatham, IL 62629

Value Estimation by Request
5,045 sqft
View details
215-221 Main St
Restaurants

215-221 Main St, Chatham, IL 62629

Value Estimation by Request
View details
602 Walnut St
Retail properties & Spaces

602 Walnut St, Chatham, IL 62629

Value Estimation by Request
View details
215-221 Main St
Restaurants

215-221 Main St, Chatham, IL 62629

Value Estimation by Request
View details
20 Cottonwood Dr
Retail properties & Spaces

20 Cottonwood Dr, Chatham, IL 62629

Value Estimation by Request
1 sqft
View details
215-221 Main St
Restaurants

215-221 Main St, Chatham, IL 62629

Value Estimation by Request
View details

Chatham, IL Retail Properties & Spaces Market Trends and Statistics

Explore 13 retail properties & spaces for sale in Chatham, IL, showcased through 5 active listings on our real estate platform. These investment opportunities span a total of 2,240 square feet of properties for sale, with an estimated market value of $765,000.

Sale prices for stores in Chatham, IL start at $135,000, averaging $255,000, and reaching up to $415,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Storefront properties 4
Shopping centers 1

Demographics Overview

Population 15K
Population Growth (5Y) +11.9%
Median Household Income $106,373
College Educated 69.4%

High-Yield Neighborhoods for Investment

Identify Chatham submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
62629 $255K

Taxes & Financing

Tax Rate (average for all types) 7.63%
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Sangamon County

New Delisted

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