Price Reduction
Address
575 N CHESTNUT Street Addison, IL
Price
$ 42,500
Property Attributes
  • MLS#10613828
  • TypeLand
  • CountyDU PAGE
  • CityAddison
  • AreaAddison
  • NeighborhoodMichael Lane Area
  • Zip60101
  • StyleSingle Family
  • Taxes$ 2739
  • Price$ 42,500
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size11,326 SqFt
Listing Provided Courtesy Of:
RE/MAX Central Inc.
Data Source:
Midwest Real Estate Data (MRED) - 103 - IL
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.

Price History
1/18/2020 Listed $50,000
10/5/2020 2% - $49,000
5/18/2021 4% - $47,500
11/11/2021 11% - $42,500

General Features

Additional Parcels Y/N No
City Addison
County Du Page
Current Use Single Family
Days on Market 671
Directions LAKE ST TO ADDISON RD NORTH TO STONE EAST TO CHESTNUT. 1ST LOT AT NORTH END.
Elementary School District 4
High School District 88
MLS Area Addison
Middle/Junior School District 4
Ownership Fee Simple
Possession Closing
Possible Use Single Family
Property Type Land
Property Type Land
Standard Status Active
Status Active
Street Name CHESTNUT
Tax Annual Amount 2739.16
Tax Year 2020
Township Addison
Utilities Electric to Site, Gas to Site, Sanitary Sewer, Water-Community
Zoning SINGL

Interior Features

Street Suffix Street

Exterior Features

Frontage Length 161
Frontage Type Public Road
Lot Dimensions 137X25X29X35X140X161
Lot Size Acres 0.26
Road Surface Type Asphalt
Waterfront Y/N No

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Land Average in 60101

Price
AVG $310K
$40K
Taxes
AVG $4,628
$2,739
Visits
AVG 150
394
Walkscore
AVG 27
18
Data Provided by Walkscore ® not using MLS data

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