Chatham, IL
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    Chatham, IL Retail Space for Sale

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    Springfield, IL Southern View, IL Auburn, IL
    Updated Retail-Office Building with Parking
    $224,900
    Updated Retail-Office Building with Parking

    200 W WALNUT Street, Chatham, IL 62629

    Move-in ready building with open layout, large front windows, and parking for about 20 vehicles.
    • Approximately 2,000 sq. ft. commercial building with an open‑concept layout and large front windows
    • Includes a reception desk, large open area, utility/sink closet, two spacious bathrooms, and a large walk‑in closet for office use
    • Recent updates include fresh paint and brand‑new laminate flooring; move‑in ready for the next business
    • Mechanical and roof updates: metal roof (2017) with modern furnace, central A/C, and insulation; two new toilets installed in 2025
    • Parking lot with space for approximately 20 vehicles plus additional yard area
    Updated: May 29
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    Chatham Commercial Property For Sale
    $689,900
    Chatham Commercial Property For Sale

    215-221 N MAIN Street, Chatham, IL 62629

    Commercial property in the heart of Chatham, Illinois, for sale.
    • 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).
    Updated: Sep 7, 2025
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    Versatile Commercial Building in Chatham
    $395,000
    0.93 Acres
    Versatile Commercial Building in Chatham

    Excellent condition, flexible layout, ideal for diverse business uses.

    11 COTTONWOOD Drive, Chatham, IL 62629

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    Prime Chatham Corner Retail/Office
    $689,900
    6,901 SF
    Prime Chatham Corner Retail/Office

    Excellent location in the heart of Chatham.

    215-221 N MAIN Street, Chatham, IL 62629

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    Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 4 Active listings in Chatham, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 1 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.

    Multi-Unit Office and Retail Building
    $460,000
    15,000 SF
    Multi-Unit Office and Retail Building

    A well-maintained mixed-use building with office and retail space, updated improvements, and parking for more than 50 vehicles.

    3111 NORMANDY Drive, Springfield, IL 62703

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    Retail Hub in Springfield, IL
    $7,220,000
    1,600 SF
    Retail Hub in Springfield, IL

    Retail spaces available in established County Market Plaza.

    2723-2779 S 6th St, Springfield, IL

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    Retail or Restaurant Building Available
    $499,900
    5,056 SF
    Retail or Restaurant Building Available

    Commercial building for retail or restaurant with gaming room.

    1577 W WABASH Avenue, Springfield, IL 62704

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    Retail/Restaurant Building with Gaming Room
    $499,900
    0.50 Acres
    Retail/Restaurant Building with Gaming Room

    Commercial building suitable for retail or restaurant use with gaming.

    1577 W WABASH Avenue, Springfield, IL 62704

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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.

    Prime PUD-Zoned Land Opportunity
    $1,599,000
    900 SF
    Prime PUD-Zoned Land Opportunity

    2.07 acres of PUD-zoned land in a growing corridor.

    3229 State Road 207, Elkton, FL 32033

    View details

    Chatham, IL Retail Space Investment Opportunities Market Analysis

    Explore 4 retail space for sale in Chatham, IL, showcased through 4 active listings on our real estate platform. These investment opportunities span a total of 6,901 square feet of properties for sale, with an estimated market value of $689,900.

    Sale prices for retail space in Chatham, IL start at $689,900, averaging $689,900, 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
    Auto shops 1
    Automotive properties 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 $550K

    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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