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  • $60,000

    511 N Chestnut St LOT 5, Addison, IL 60101

    --beds
    --baths
    0.5Acres
    Unimproved Land
    Built in ----
    0.5 Acres Lot
    $-- Zestimate®
    $--/sqft
    $1,694 Estimated rent

    Home value

    Not available

    Estimated sales range

    Not available

    $1,694/mo

    Zestimate® history
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    What's special

    Fully improved lot (sewer and water) and all utilities present. Small 5 lot subdivision with 3 custom homes already built. 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.

    Zillow last checked: 8 hours ago

    Listing updated: October 23, 2023 at 04:59pm

    Listing courtesy of:

    Kenneth Lemberger, CRS,GREEN,SRES 630-205-8340,

    RE/MAX Central Inc.

    Bought with:

    Eric Andersen, CSC,PSA

    Andersen Realty Group

    Source: MRED as distributed by MLS GRID,MLS#: 10613836MLS Logo

    Facts & features

    Property

    Features
    • Frontage length: 65
    Lot
    • Size: 0.50 Acres
    • Dimensions: 65X277X95X155X30X122
    Details
    • Parcel number: 0321413016
    • Zoning: SINGL
    • Special conditions: None

    Utilities & green energy

    • Utilities for property: Natural Gas Available, Sewer Connected

    Community & neighborhood

    Location
    • Region: Addison

    Other

    Other facts
    • Listing terms: Conventional
    • Ownership: Fee Simple
    • Road surface type: Asphalt

    Price history

    DateEventPrice
    10/23/2023Sold$60,000-14.2%
    Source: MRED as distributed by MLS GRID #10613836
    10/2/2023Contingent$69,900
    Source: MRED as distributed by MLS GRID #10613836
    9/25/2023Price change$69,900-6.8%
    Source: MRED as distributed by MLS GRID #10613836
    1/6/2023Price change$75,000-3.2%
    Source: MRED as distributed by MLS GRID #10613836
    1/24/2022Price change$77,500-3.1%
    Source: MRED as distributed by MLS GRID #10613836

    Public tax history

    Tax history is unavailable.

    Neighborhood: 60101

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Lincoln Elementary School
    • Middle: Indian Trail Junior High School
    • High: Addison Trail High School
    • District: 4

    Source: MRED as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.