Addison, IL 60101,511 N CHESTNUT Street
$80,000
Est. payment /mo
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0.26 Acres Lot
Active

511 N CHESTNUT Street Addison, IL 60101

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Key Details

Property Type Land

Sub Type Land

Listing Status Active

Purchase Type For Sale

MLS Listing ID 10613836

Annual Tax Amount $3,011

Tax Year 2020

Lot Size 0.260 Acres

Acres 0.26

Lot Dimensions 65X277X95X155X30X122

Property Sub-Type Land

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.

Location

State IL

County Du Page

Area Addison

Zoning SINGL

Exterior

Utilities Available Electric to Site, Gas to Site, Sanitary Sewer, Water-Community

View Y/N true

Present Use Single Family

Street Surface Asphalt

Farm No

Building

Dwelling Type Land

Lot Size Range .50-.99 Acre

Architectural Style Land

Schools

Elementary Schools Lincoln Elementary School

Middle Schools Indian Trail Junior High School

High Schools Addison Trail High School

School District 4

Others

Senior Community No

Tax ID 0321413016

Ownership Fee Simple

Special Listing Condition None


Midwest Real Estate Data (MRED)
Listed by RE/MAX Central Inc.

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agent

Chris Buckely

IL/IN/MI Managing Broker | License ID: IN- RB17001753 | IL- 477013311

+1(312) 313-5553

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511 N CHESTNUT Street