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    Chatham, IL
    Strip Mall

    Chatham, IL Strip Malls for Sale

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    4-Unit Strip Mall
    Updated: Jan 9
    4-Unit Strip Mall

    602 E WALNUT Street, Chatham, IL 62629

    $215,000
    Four separate commercial units within one strip mall building
    Updated units with tile flooring
    New roof
    Central air conditioning with multiple units
    Natural gas forced‑air heating
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    Multi-Tenant Strip Center
    Updated: Apr 10
    Multi-Tenant Strip Center

    325 N Main St, Chatham, IL 62629

    Contact for pricing
    4,392 SF strip center with 100% occupancy
    Includes an operating 2,048 SF restaurant plus two additional income units (1,007 SF and 1,041 SF)
    Traffic counts of 14,400 VPD along Chatham’s main retail and office corridor
    Located near the Springfield Interurban Trail, an 8.3‑mile trail connecting Chatham and Springfield
    Surrounded by national and local retailers and businesses, including McDonald’s, Shell, Subway, BP, and United Community Bank (UCB)
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    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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    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 8 Potential Opportunities for your consideration. Besides 3 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
    Remodeled Subway Restaurant Package
    Remodeled Subway Restaurant Package

    1295 Toronto Road, Springfield, IL 62707

    $999,999
    2,200 sqft

    Combined offering includes a remodeled franchise location and a separate three-tenant commercial building.

    View details
    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.

    View details
    Three-Storefront Strip Mall
    Three-Storefront Strip Mall

    1202 E Wood St, Decatur, IL 62521

    Contact for pricing

    Corner retail building includes warehouse space and an overhead door.

    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.

    B-1 Commercial Land
    B-1 Commercial Land

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

    $550,000
    1.63 AC lot

    Cleared commercial site with an existing former gas and service station structure.

    View details

    Chatham, IL Strip Malls Market Trends and Statistics

    Explore 3 strip malls for sale in Chatham, IL, showcased through 3 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 $215,000.

    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 3
    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 $2.2M

    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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