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Sold on 09/29/2023
Kenneth Lemberger of RE/MAX Central Inc.
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511 N Chestnut St, Addison, IL 60101

$60,000

Last sold 09/29/2023 after 1350 Days

  • —

    bed

  • —

    bath

  • 0.5

    Acre ($120K/Acre)

Lot/Land not for sale
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About 511 N Chestnut St

Property type Lot/Land
Neighborhood
HOA fee $0/month
Lot size 0.5 Acre
Property description
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.
Listed by
Listing Agent - Kenneth Lemberger
Listing Office - RE/MAX Central Inc.
Source: MRED mls logo
MLS#10613836 • last updated 2 years ago
Movoto checked MRED for data 18 minutes ago
Overview
MLS # 10613836
Status Closed
Type Land
Lot Size (Acres) 0.5
Property Tax $ 2808.1
Buyer Agent Commission 2.5%, Net Sale Price
Exterior
Lot Desc .50-.99 Acre
Amenities / Utilities
Location
Area Addison
County Du Page
Elementary School Lincoln Elementary School
Elementary School District 4
High School Addison Trail High School
Middle School District 4
Middle School Indian Trail Junior High School
High School District 88
APN 321413016
Zoning SINGL
Directions LAKE ST TO ADDISON RD NORTH TO STONE EAST TO CHESTNUT. 1ST LOT AT SOUTH END.
Lot/ Land Details
Possible Use Single Family
Current Use Single Family
Road Surface Asphalt
We are not permitted to show value estimates for this property.
  • Oct 2023
    mls logo MLS # 10613836
  • Oct 23, 2023 Sold
    $60,000 (-32.6%)
  • Oct 2, 2023 Active
    —
  • Jan 18, 2020 Listed
    $89,000 (-6.2%)
  • Jan 2020
    mls logo MLS # 10065919
  • Jan 18, 2020 Canceled
    —
  • Nov 22, 2019 Listed
    $94,900 (-36.7%)
  • Aug 29, 2018 Listed
    $149,900
  • Aug 2018
    mls logo MLS # 08684890
  • Aug 29, 2018 Canceled
    —
  • Jun 4, 2018 Price Change
    $149,900 (-6.3%)
  • Apr 12, 2018 Price Change
    $159,900 (-5.9%)
  • Mar 22, 2018 Price Change
    $169,900 (-5.6%)
  • Mar 8, 2018 Price Change
    $179,900 (-5.3%)
  • Jul 28, 2014 Listed
    $189,900 (-68.3%)
  • Dec 2012
    mls logo MLS # 06610458
  • Dec 16, 2012 Expired
    —
  • Jul 18, 2007 Listed
    $599,900
  • Year Property taxes Tax assessment
  • 2024
    $3,338 +4.2%
    $47,363 +8.78%
  • 2023
    $3,205 +0.5%
    $43,540 +0.51%
  • 2022
    $3,190 +4.1%
    $43,320 +4.41%
  • 2021
    $3,064 +2.5%
    $41,490 +4.4%
  • 2020
    $2,989 +0.5%
    $39,740 +4.0%
  • 2019
    $2,975 -1.2%
    $38,210 +2.99%
  • 2018
    $3,012 +2.3%
    $37,100 +4.62%
  • 2017
    $2,943 +2.1%
    $35,460 +8.31%
  • 2016
    $2,881 +1.9%
    $32,740 +8.27%
  • 2015
    $2,827 +8.4%
    $30,240
  • 2014
    $2,607 +2.2%
    —
  • 2013
    $2,550
    —
  • 511 N Chestnut St
    $60K
  • Addison
    —
  • 60101
    $429K +7% y/y
  • Addison
    $429K +7% y/y
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Statistics calculated by Movoto

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3/10
Fullerton Elementary School
public Grades K-5
Addison School District 4
4/10
Indian Trail Jr High School
public Grades 6-8
Addison School District 4
5/10
Addison Trail High School
public Grades 9-12
Dupage Hsd 88 School District
Source: GreatSchools.org © 2026. All rights reserved.

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