Price
448,232 / 10.29
Lot Size / Acres

Description

This enticing smaller tract of land is a quick hop off Interstate 55 a few minutes from the heart of Chatham. These 10.29± acres are situated between Lake Knolls Subdivision and Lakeside Estate Subdivision in Ball-Chatham CUSD 5. Take Exit 88 (Chatham Road/Lake Shore Drive Exit) from I-55 and find the tract located along Palm Road. Lake Springfield and Chatham Road are each less than a half-mile away. Perhaps this is the type of property you’ve always dreamed of building your family’s home on. Or...This enticing smaller tract of land is a quick hop off Interstate 55 a few minutes from the heart of Chatham. These 10.29± acres are situated between Lake Knolls Subdivision and Lakeside Estate Subdivision in Ball-Chatham CUSD 5. Take Exit 88 (Chatham Road/Lake Shore Drive Exit) from I-55 and find the tract located along Palm Road. Lake Springfield and Chatham Road are each less than a half-mile away. Perhaps this is the type of property you’ve always dreamed of building your family’s home on. Or consider it for residential development; the tract is Zoned R-1. Utilities are nearby. Currently, 6.21± acres are farmed (129.1 PI). There are approximately 3.5± wooded acres just West of the tillable land. Open tenancy for 2026 and beyond. Don’t miss your chance at this versatile property! Property is selling via live in-person and online auction on Thurs., Nov. 20 at 10AM in Springfield. Property will bring what the market bears at auction. If you are looking for additional acreage, this is one of four tracts that the Roberts Family Trust of 1978 will be selling at auction the same day. See MLS numbers CA1039904, CA1039906, CA1039905 and CA1039909.

Property Details for Palm Road

Subdivision Name
None
LISTING UPDATED: 11/24/2025 02:01 PM

Property Details for Palm Road

StatusPending ( No Showings )
MLS #CA1039906
Days on Market35
Taxes$521 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeLand
MLS TypeLand / Farm
Year Built-
Lot Size10.29 AC
CountySangamon County

Location

Listing Courtesy of Worrell Land Services, LLC
Add your commute

Building Information for Palm Road

Lot Size10.29 AC

Property Information for Palm Road

Summary
Location and General Information
  • City: Chatham
  • County Or Parish: Sangamon
  • Directions: From I-55 (Exit 88) to towards Chatham then turn on Palm Road.
  • Latitude: 39.681812
  • Longitude: -89.649755
  • MLSArea Minor: Chatham, Etc
  • Postal Code: 62629
  • State Or Province: IL
  • Township: 14N
  • Zoning: Agricultural
Taxes and HOA Information
  • Additional Parcels Description: 29-09.0-227-011
  • Parcel Number: 29-09.0-227-010
  • Mandatory Assoc Annual Fee: No
  • Mandatory Assoc Monthly Fee: No
  • Tax Annual Amount: $521
  • Tax Legal Description: PT E 1/2 NE 1/4 9-14-5 & S. PT NE 1/4 NE 1/4 9-14-5
  • Tax Year: 2024
School Information
  • High School: Chatham District #5
Property
Lot Information
  • Cultivated Area: 6.21
  • Lot Features: Level, Wooded, Agricultural
  • Lot Size Acres: 10.29
  • Lot Size Dimensions: 10.29±acres
  • 100 Year Plain: No
  • Principal Meridian: 3
  • Production Index: 129.1
  • Section: 9
  • Road Surface Type: Paved
  • Wooded Area: 3.5
Property and Assessments
  • Documents Available: Aerial Photos,Soil Type,Topography Map
  • Soil Type: Clarksdale and Ipava
Utilities
  • Water Source: No Sewer, No Water
  • Utilities: None
Interior and Exterior Features
Exterior Features
  • Exterior Features: None
Interior Features
  • Operating Recording Device: None
Mobile Home
Mobile/Manufactured Home
  • Range: 5W
Rental
Rent Information
  • Tenant Operator: Yes

Property History for Palm Road

DateEvent & SourcePriceAppreciation
Nov 20, 2025

Pending

RMLS ALLIANCE #CA1039906

Oct 16, 2025

Listed (Active)

RMLS ALLIANCE #CA1039906

DateEvent & SourcePrice
11/20/2025

Pending

RMLS ALLIANCE #CA1039906

10/16/2025

Listed (Active)

RMLS ALLIANCE #CA1039906

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near Palm Road

This home is within Ball Chatham Community Unit School District 5.
Rating
School
Type
Grades
Distance
Public - PK to 4
Public - 5 to 6
Public - 7 to 8
Public - 9 to 12
Rating
School
Distance
Ball Elementary School
PublicPK to 4

Glenwood Intermediate School
Public5 to 6

Glenwood Middle School
Public7 to 8

Glenwood High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Worrell Land Services, LLC

Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID as of 12/15/2025 08:22 AM. All data is obtained from various sources and may not have been verified by broker orMLS GRID. Supplied Open House Information is subject to change without notice. All informationshould be independently reviewed and verified for accuracy. Properties may or may not be listed bythe office/agent presenting the information.