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    Chatham, IL
    Strip Mall

    Chatham, IL Strip Malls for Sale

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    Springfield, IL Auburn, IL Pawnee, IL Southern View, IL Divernon, IL Rochester, IL Grandview, IL Virden, IL
    Four-Unit Strip Mall Building
    Updated: Jan 9
    Four-Unit Strip Mall Building

    602 E WALNUT Street, Chatham, IL 62629

    $215,000
    Four separate commercial units within one strip mall building
    Updated units with tile flooring
    New shake roof
    Natural gas forced‑air heating
    Central air and multiple cooling units
    View details
    Realmo Analytics Monitor Off-market properties and contact owners who are ready to sell. Many signals applied to make quality leads for you. Get Leads
    Based on your search, we've compiled 6 Potential Opportunities for your consideration. Besides 1 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.

    Two-Tenant Strip Mall
    Two-Tenant Strip Mall

    757 W Pershing Rd, Decatur, IL 62526

    $1,582,000
    12,883 sqft

    Renovated retail center with specialized office, classroom, and workforce-service improvements.

    View details
    Five-Unit Strip Mall
    Five-Unit Strip Mall

    2940 CONSTITUTION Drive, Springfield, IL 62704

    $2,500,000
    2.97 AC lot

    Commercial retail center with established occupancy, concrete flooring, and central heating and cooling.

    View details
    B-3 Zoned Strip Center
    B-3 Zoned Strip Center

    1423 E Mound Rd, Decatur, IL 62526

    Contact for pricing
    11,856 sqft

    B-3 zoned strip center offering flexible space within a multi-tenant retail configuration.

    View details
    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.

    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.

    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.

    View details

    Chatham, IL Strip Malls Market Trends and Statistics

    Explore 1 strip malls for sale in Chatham, IL on our real estate platform.

    Sale prices for retail strips in Chatham, IL average $215,000 — 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 2
    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 $215K

    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

    How Realmo verifies these figures

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