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Chatham, IL Retail Properties & Spaces for Sale

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Chatham Commercial Property For Sale
Updated: Sep 7, 2025
Chatham Commercial Property For Sale

215-221 N MAIN Street, Chatham, IL 62629

$689,900
Excellent location in the heart of Chatham on Main St. (IL4) and Walnut.
Investment opportunity with potential for owner occupancy and tenant income.
High traffic exposure: 14,000 cars per day.
Total available space: 3,238 sq ft (partitioned into 1,764 sq ft and 1,364 sq ft spaces).
Ideal for professional offices (Insurance, Accounting, Chiropractor).
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Updated Strip Mall Building
Updated: Jan 9
Updated Strip Mall Building

602 E WALNUT Street, Chatham, IL 62629

$225,000
Strip‑style building in Chatham divided into 4 separate units
New roof reported
Units have been updated
Exterior materials include brick, vinyl siding, and frame construction
Tile flooring throughout
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Prime Chatham Corner Retail/Office
Prime Chatham Corner Retail/Office

215-221 N MAIN Street, Chatham, IL 62629

$689,900
6,901 sqft

Excellent location in the heart of Chatham.

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Chatham Strip Mall For Sale
Chatham Strip Mall For Sale

602 E WALNUT Street, Chatham, IL 62629

$225,000
2,240 sqft

Strip mall in Chatham with four units and new roof.

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Based on your search, we've compiled 20 Potential Opportunities for your consideration. Besides 4 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.

Springfield Strip Mall For Sale
Springfield Strip Mall For Sale

2940 CONSTITUTION Drive, Springfield, IL 62704

$2,500,000
2.97 AC lot

Strip mall in high-traffic location with reliable tenants.

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Springfield Commercial Package Deal
Springfield Commercial Package Deal

1295 TORONTO Road, Springfield, IL 62707

$999,999
0.74 AC lot

Remodeled Subway franchise and commercial building for sale in Springfield.

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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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Springfield Commercial Property with Bar
Springfield Commercial Property with Bar

1220 Old Toronto Road, Springfield, IL 62712

$850,000
1.26 AC lot

Active bar business with remodeled interior and large beer garden.

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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

$399,000
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

$299,000
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

$374,900
266,639 sqft 6.12 AC lot

Commercial lots available in rapidly growing Chatham, Illinois.

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Prime Commercial Lot in Springfield
Prime Commercial Lot in Springfield

4351 Conestoga Drive, Springfield, IL 62707

$440,000
2.46 AC lot

2.46 acre commercial lot with B-1 zoning.

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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
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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 12 retail properties & spaces for sale in Chatham, IL, showcased through 4 active listings on our real estate platform. These investment opportunities span a total of 9,141 square feet of properties for sale, with an estimated market value of $914,900.

Sale prices for stores in Chatham, IL start at $225,000, averaging $457,450, and reaching up to $689,900 — 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

Shopping centers 2
Storefront properties 2

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 $412.8K

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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