602 Walnut St Chatham, IL 62629

This exceptional investment opportunity presents a prime commercial property located at 602 E WALNUT Street in Chatham, Illinois, 62629. Priced at $299,000, this solid strip-style building offers four separate rental units, currently all occupied, making it an ideal income-generating asset. The property boasts a recently installed new roof, ensuring long-term structural integrity and minimizing maintenance costs. Furthermore, the individual units have undergone recent updates, enhancing their appeal to tenants and maximizing rental potential. The building enjoys a highly visible street-front location, ensuring excellent exposure to potential customers and maximizing foot traffic. This translates to strong tenant occupancy rates and a consistent stream of rental income. The property is classified as both land and retail, offering flexibility for future development or continued operation as a multi-tenant retail space. This is a rare opportunity to acquire a well-maintained, high-visibility commercial property in a thriving Illinois community. The property's strong tenant occupancy and recent upgrades make it a compelling investment for those seeking a stable and profitable addition to their portfolio. Detailed financial information is available upon request. The property is situated in Sangamon County.