Chatham, IL 62629,331 N MAIN ST
Chatham, IL 62629,331 N MAIN ST
Chatham, IL 62629,331 N MAIN ST
23
Listed by Jay Clark • The Real Estate Group, Inc.
$750,000
$845,000
11.2%
Est.Price: ?

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3,827 SqFt

331 N MAIN ST Chatham, IL 62629

Est. payment /mo
SOLD DATE : 01/31/2024

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Key Details

Sold Price $750,000

Property Type Commercial

Sub Type Commercial

Listing Status Sold

Purchase Type For Sale

Square Footage 3,827 sqft

Price per Sqft $195

MLS Listing ID CA1026843

Sold Date 01/31/24

Originating Board rmlsa

Annual Tax Amount $15,495

Tax Year 2022

Lot Size 1.160 Acres

Acres 1.16

Lot Dimensions 236x212

Property Description

FURTHER REDUCTION, RARE REDEVELOPMENT OPPORTUNITY to purchase an existing Hardee's Restaurant and collect rental income as you develop a new concept for this 1.16 acre parcel located on IL 4 in Chatham Illinois. The Hardee's lease currently runs through December 2024. The current lease is a true nnn and offers great income. The restaurant building, which is in excellent condition offers 3,827+/- square feet and sits in the middle of a 1.16 acre parcel. There are 4 points of ingress and egress for this site. The redevelopment potentials on this well situated site are endless, strip mall, office, mixed use commercial. Daily traffic count in front of this location on IL 4 is 14,900 cars per day. Chatham has a population of more than 13,000 people and is located 3 miles south of Springfield, the Capital of Illinois with a metro population of 208,000. Chatham is growing and thriving bedroom community, featuring the most popular schools in greater Springfield area, which has drawn many family's to relocate to the area. Chatham has numerous parks and sits on the southwestern edge of Lake Springfield, a vibrant and busy summer hotspot.

Location

State IL

County Sangamon

Area Chatham, Etc

Zoning unk

Direction N. Main (IL 4) in the heart of Chatham

Interior

Heating Forced Air

Cooling Central Air

Flooring Tile/Vinyl

Fireplace N

Exterior

View true

Roof Type Flat

Garage 1

Building

Faces N. Main (IL 4) in the heart of Chatham

Sewer Public Sewer

Water Municipal/City

Structure Type Brick,Glass

Others

Tax ID 28120278031

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agent

Bianca Abbott

Agent | License ID: 71303000 / 475.211226

+1(563) 676-5518

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