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Listed by Krystal K Buscher • The Real Estate Group, Inc.
$ 3,500,000
Est. payment /mo
Active
1720 MAGNOLIA DR Chatham, IL 62629
21,000 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 21,000 sqft
Price per Sqft $166
MLS Listing ID CA1047084
Year Built 2026
Annual Tax Amount $2,399
Tax Year 2025
Lot Dimensions 325' x 247.50'
Property Sub-Type Commercial
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.*
Location
State IL
County Sangamon
Area Chatham, Etc
Zoning .
Direction Take Gordon Dr. in Chatham to Magnolia Dr. and turn west on to Magnolia.
Interior
Heating Forced Air
Cooling Central Air
Flooring Concrete, Tile
Fireplace N
Exterior
View true
Roof Type Composition Shingle
Garage 1
Building
Faces Take Gordon Dr. in Chatham to Magnolia Dr. and turn west on to Magnolia.
Sewer Public Sewer
Water Municipal/City
Structure Type Brick,Vinyl Siding,Frame
Others
Tax ID 29-08.0-106-004