1 Chesterfield Drive Waterman, IL ^$ 5,500,000

1 Chesterfield Drive

^$ 5,500,000

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1 Chesterfield Drive

Waterman, IL, 60556

^$ 5,500,000

Studio Baths0.0

Monthly Estimate*

^$ 38,419

1 Chesterfield Drive, Waterman, IL 60556 - Image 1

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Studio

Lots and Land for sale in Waterman, IL

for $5,500,000.

144 acre development consisting of 337 parcels; some improved, some MF zoned, some commercial zoned, some SF zone. Two residential structures with rental income. Detention pond. Non-included: parcel located in middle of development with access off Preserve Road. Excellent opportunity for home builder wanting to develop; local builder available to start this project and commit to 3-5 years. CCRs for homes are on file. HOA reserved for future use by new owner. Call agent for more details. Owner will separate. Short drive to Meta, Amazon and other big logo projects for easy access to employment. Seller willing to keep the 2 houses existiing for a $700,000 credit on sales price.

Lots and Land Active

Price

^$ 5,500,000

Bedrooms

Studio

Property Type

Lots and Land

Taxes

^$ 12,000

Style

Platted

Town/City

Waterman

County/Region

De Kalb

MLS | Web ID

10478888

Features

General

Utilities Electric Nearby Electric to Site Gas Nearby Gas to Site Sanitary Sewer Sanitary Sewer Sewer-Storm Available Water-Municipal Water Nearby Water to Site

Possession Closing

Zoning PUD

Township Clinton

Tax Year 2021

Current Use Platted

Percent Ownership Fee Simple

County De Kalb

Property Type Land Land

Possible Use Commercial Multi-Family Single Family

Status Active

Directions Development at SE corner of Rt 23 and Rt 30.

City Waterman

High School District 426

MLS Area Waterman

Waterfront Y/N N

Street Name Chesterfield

Tax Annual Amount 12000

Days on Market 1598

Standard Status Active

Middle/Junior School District 426

Elementary School District 426

Exterior

Total Parking 0

Lot Dimensions 2200X2700

Lot Size Acres 0

Road Surface Type Asphalt Other

Frontage Length 2200

Frontage Type County Road

Interior

Street Suffix Drive

Total Baths 0

* Excluded Features

List By

Re/Max Experience

Broker

kgannon2010@yahoo.com

Affordability Calculator

$39,419

Per Month

Monthly Principal & Interest: $38,419
Monthly Property Taxes: $1,000
Monthly Home Insurance: --

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Interest Rate

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Yearly Home Insurance

Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Lots and land listings in Waterman, IL

Average List Price ^$5,500,000

Percent of Sale Price 0%

About Waterman, IL

1,261 Population

11% Since 2002

^$65,406 Median Income

38.88 Median Age

37% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

566126 Elementary School

565631 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
1/3/2023	$5,500,000		Listed Price

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1 Chesterfield Drive, Waterman, IL, 60556 is a Lots and Land for sale at $5,500,000. 1 Chesterfield Drive is a studio with 0.0 baths. The property's zip code is 60556 which is in Waterman, IL

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than Weichert Realtors are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the names of the listing brokers. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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Data is updated as of 4/30/2024.

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1 Chesterfield Drive

Lots and Land for sale in Waterman, IL

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