Corcoran Urban Real Estate
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5 Properties Within 0.5 miles of: 511 N Chestnut, Addison

511 N Chestnut
Addison, IL 60101

Price

$77,500

Est Payment
$651 / month (details)  
Taxes
$3,012  
Type
Land  
Sq. Ft.
n/a  
Lot Size
65X277X95X155X30X122  
Neighborhood
Addison  
MLS
#10613836
Status
Active (2 yr, 8 mth)

Property Description

Fully improved lot (sewer and water) and all utilities present. Small 5 lot subdivision with 3 custom homes already built (2 lots remaining). Current annexation agreement with Addison requires homes to be 50% brick (minimum) and minimum square footage of home to be 2500 square feet. Annexation agreement terminates on 9/20/2024, which means you are free to build any size home you wish and no longer have to use brick. These lots are priced to sell now but if you want to build a smaller home in the future in a subdivision that features larger custom homes you won't do better than this.

Property Map

Property Details

Utilities

  • Heating
  • Cooling
  • Water
  • Sewer

Additional Information

Schools
Addison Trail High School (88), Indian Trail Junior High School (4), Lincoln Elementary School (4)

Payment Calculator

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Principal & Interest
$0
Property Tax
$0
Assessments
$0
Home Insurance
$0
Mortgage Insurance
$0

Listing History

01-18-2020 Listed at $89,000
10-05-2020 Price decreased by $2,000 to $87,000
05-18-2021 Price decreased by $2,000 to $85,000
11-11-2021 Price decreased by $5,000 to $80,000
01-24-2022 Price decreased by $2,500 to $77,500
Last Modified 9/27/22 6:40 PM

Nearby Transportation

  • I 290 East 1.2 mi
  • Hwy 83 South 1.2 mi
  • I 290 West 1.5 mi
  • Hwy 83 North 1.5 mi
  • Hwy 355 North 2.5 mi
  • Hwy 20 East 2.6 mi
  • Hwy 355 South 2.6 mi
  • Hwy IL 390 West 3.8 mi
  • I 294 North 4.0 mi
  • Hwy 20 West 4.0 mi
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