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Chatham, IL Retail Space 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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Prime Chatham Corner Retail/Office
Updated: Sep 4, 2024
Prime Chatham Corner Retail/Office

215-221 N MAIN Street, Chatham, IL 62629

Contact for pricing
6,901 sqft
Excellent location in the heart of Chatham on Main St. (IL4) and Walnut.
Investment opportunity with potential for owner occupancy and tenant income.
Total available space of 3,238 sq ft, divisible into two spaces (1,764 sq ft and 1,364 sq ft).
High traffic exposure with 14,000 cars per day.
Ideal for professional offices such as Insurance, Accounting, or Chiropractic.
View details
Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
Based on your search, we've compiled 7 Potential Opportunities for your consideration. Besides 2 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.

Retail Building with Contiguous Acreage
Retail Building with Contiguous Acreage

4234 Wabash Avenue, Springfield, IL 62711

$2,400,000
9,900 sqft

For sale along W. Wabash, featuring a 9,900 sq ft retail building with additional contiguous acreage available.

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Single-Store Commercial Building
Single-Store Commercial Building

3034 LINDBERGH Boulevard, Springfield, IL 62704

$1,191,000
1.29 AC lot

Like-new single-store building with a separate on-site equipment storage building, zoned I-1.

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Office Building with Central Air
Office Building with Central Air

4234 WABASH Avenue, Springfield, IL 62711

$2,400,000

Office building zoned I-1 with central air, natural gas forced-air heat, public sewer, and a brick and block exterior.

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Bank Building with Security Features
Bank Building with Security Features

3000 W Iles Ave, Springfield, IL 62704

Contact for pricing

Former bank building with class 3 vault door, bulletproof glass, security fencing with keypad, and two garage drive-through doors.

View details

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.

PUD-Zoned Commercial Land with Frontage
PUD-Zoned Commercial Land with Frontage

3229 State Road 207, Elkton, FL 32033

$1,599,000
2.07 AC lot

2.07-acre PUD-zoned parcel on State Hwy 207 with 360 feet of frontage and an on-site renovated 2012 home.

View details

Chatham, IL Retail Space Market Trends and Statistics

Explore 2 retail space for sale in Chatham, IL 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 average $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

Storefront properties 5
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 $2.5M

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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