Corcoran Urban Real Estate
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1 Property Within 0.5 miles of: 575 N Chestnut, Addison

575 N Chestnut
Addison, IL 60101

Price

$30,000

Est Payment
$438 / month (details)  
Taxes
$2,739  
Type
Land  
Sq. Ft.
n/a  
Lot Size
137X25X29X35X140X161  
Neighborhood
Addison  
MLS
#10613828
Status
Sold (5/22/2022)

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
District 88, District 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 $50,000
10-05-2020 Price decreased by $1,000 to $49,000
05-18-2021 Price decreased by $1,500 to $47,500
11-11-2021 Price decreased by $5,000 to $42,500
12-16-2021 Status changed to Under Contract
12-16-2021 Status changed to Active
01-24-2022 Price decreased by $3,500 to $39,000
04-21-2022 Status changed to Under Contract
05-22-2022 Status changed to Closed
05-22-2022 Sold at $30,000
Last Modified 5/22/22 9:35 AM

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 3.7 mi
  • Hwy IL 390 East 3.9 mi
  • I 294 North 4.0 mi
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