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- LoopNet Team
325 N Main St
Chatham, IL 62629
Free-standing Strip Center | Chatham, IL · Retail Property For Sale
Investment Highlights
- 100% occupancy with short term leases; with future infill potential as national tenants enter the market
- NNN lease structures provide full recapture of property taxes, maintenance, and utilities
- Rent significantly below market which will be subject to fair market value rent adjustment in 5 years
- Property has considerable retail frontage along Rt 4 boasting multiple access points to the parking lot
PROPERTY FACTS
Amenities
- 24 Hour Access
- Dedicated Turn Lane
- Pylon Sign
- Signage
- Signalized Intersection
- Tenant Controlled HVAC
- Drive Thru
- Storage Space
- Air Conditioning
About 325 N Main St , Chatham, IL 62629
CIRE Partners is pleased to present a multi-tenant net leased investment offering consisting of the fee-simple interest in a freestanding strip center (the "Property" or "Asset") is located in Chatham, IL. The Property is a ±4,096 SF Strip center broken into three separate suites. Each respective lease features annual increases throughout the initial term and additional renewal options.
PROPERTY TAXES
Parcel Number | 28-12.0-278-028 | Improvements Assessment | $147,380 |
Land Assessment | $74,214 | Total Assessment | $221,594 |
PROPERTY TAXES
Learn More About Investing in Retail Properties
Listing ID: 18350120
Date on Market: 1/30/2020
Last Updated:
Address: 325 N Main St, Chatham, IL 62629
The Retail Property at 325 N Main St, Chatham, IL 62629 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.