• 1720 MAGNOLIA DR, Chatham, IL 62629
    1720 MAGNOLIA DR, Chatham, IL 62629
    1720 MAGNOLIA DR, Chatham, IL 62629
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    Listed by Krystal K Buscher • The Real Estate Group, Inc.
    $3,500,000
    Est. payment /mo
    2,100 SqFt
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    UPDATED:

    Key Details

    Property Type Single Family Home, Multi-Family

    Sub Type Residential Income

    Listing Status Active

    Purchase Type For Sale

    Square Footage 2,100 sqft

    Price per Sqft $1,666

    Subdivision Wellington Estates

    MLS Listing ID CA1047344

    Year Built 2026

    Annual Tax Amount $2,399

    Tax Year 2025

    Lot Dimensions 325' x 247.50'

    Property Sub-Type Residential Income

    Source rmlsa

    Property Description

    Exceptional investment opportunity to own all 10 units in a brand-new condo community! Situated across four buildings, each condo offers 2 bedrooms, 2 full bathrooms, a 2-car garage, and thoughtfully designed spaces for comfortable everyday living. Features include open living and dining areas, bright kitchens with islands, white cabinetry, pantries, contemporary finishes, LVP flooring, and large covered rear patios. Each condo also offers a spacious primary suite with a tray ceiling, double-sink vanity, and walk-in closet, plus a conveniently located laundry room next to the primary closet. Construction is underway, with the final building now going up, offering the opportunity to purchase the entire community as it takes shape. An attractive addition to an investment portfolio, combining new construction, consistent floor plans, and the convenience of owning all units within one condo association. Video materials are available by request which shows a full visualization of the completed development and a tour of a finished unit. *The completed-development visualization is illustrative; final landscaping and site details may vary. **Expenses and rent are 0 because they have not been established yet**

    Location

    State IL

    County Sangamon

    Area Chatham, Etc

    Direction Take Iron Bridge Rd. in Chatham to Magnolia Dr. It is on the corner of Magnolia and Iron Bridge.

    Rooms

    Basement None

    Interior

    Heating Forced Air

    Cooling Central Air

    Fireplace N

    Laundry Private, Units Hook-Ups

    Exterior

    View true

    Roof Type Shingle

    Total Parking Spaces 20

    Garage 1

    Building

    Lot Description Level

    Faces Take Iron Bridge Rd. in Chatham to Magnolia Dr. It is on the corner of Magnolia and Iron Bridge.

    Unit Features [{\"UnitTypeBedsTotal\":2,\"UnitTypeType\":\"Unit 1\",\"RMA_FullBaths\":\"2\",\"RMA_HalfBaths\":\"0\",\"UnitTypeActualRent\":0,\"RMA_NumberParking\":\"2\",\"RMA_NumberUncovered\":\"2\",\"RMA_FireplaceYN\":\"N\",\"RMA_NumberCovered\":\"2\",\"UnitTypeKey\":\"RMA1422469Group_1\"},{\"UnitTypeBedsTotal\":2,\"UnitTypeType\":\"Unit 2\",\"RMA_FullBaths\":\"2\",\"RMA_HalfBaths\":\"0\",\"UnitTypeActualRent\":0,\"RMA_NumberParking\":\"2\",\"RMA_NumberUncovered\":\"2\",\"RMA_FireplaceYN\":\"N\",\"RMA_NumberCovered\":\"2\",\"UnitTypeKey\":\"RMA1422469Group_2\"}]

    Water Public Sewer, Public

    Structure Type Brick Partial,Vinyl Siding

    New Construction true

    Schools

    High Schools Chatham District #5

    Others

    Tax ID 29-08.0-106-005


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    Brandi Griswold

    Brandi Griswold

    +1(217) 242-3641

    Agent License ID: 475.123780

    Agent License ID: 475.123780

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