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New construction
  • Price cut: $3.2M (11/6)
    $3,500,000

    1720 Magnolia Dr, Chatham, IL 62629

    20beds
    20baths
    21,000sqft
    : 
    $21,334/mo
    Get pre-qualified
    Multi Family, Duplex, Triplex
    Built in 2026
    -- sqft lot
    $-- Zestimate®
    $167/sqft
    $-- HOA

    What's special

    Contemporary finishesBright kitchens with islandsLarge covered rear patiosWhite cabinetryLvp flooringDouble-sink vanityWalk-in closet
    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 with zero-entry, 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**
    18 days
    677
    20

    Zillow last checked:

    Listing updated:

    Listed by:

    Krystal K Buscher Mobl:217-553-9280,

    The Real Estate Group, Inc.

    Source: RMLS Alliance as distributed by MLS GRID,MLS#: CA1047344MLS LogoOriginating MLS: Capital Area Association of Realtors

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 20
      • Bathrooms: 20
      Heating
      • Forced Air
      Cooling
      • Central Air
      Appliances
      • Included: Dishwasher, Range, Water Heater
      • Laundry: Private, Units Hook-Ups
      Features
      • Basement: None
      Interior area
      • Total structure area: 21,000
      • Total interior livable area: 21,000 sqft

      Property

      Parking
      • Total spaces: 20
      • Parking features: Attached
      • Has attached garage: Yes
      Lot
      • Size: 1.85 Acres
      • Dimensions: 325' x 247.50'
      • Features: Level
      Details
      • Parcel number: 2908.0106005

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Multi Family, Duplex, Triplex
      Materials
      • Brick Partial, Vinyl Siding
      • Roof: Shingle
      Condition
      • New construction: Yes
      • Year built: 2026

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public

      Community & HOA

      Community
      • Subdivision: Wellington Estates
      Location
      • Region: Chatham

      Financial & listing details

      • Price per square foot: $167/sqft
      • Tax assessed value: $49,398
      • Annual tax amount: $2,399
      • Date on market: 10/24/2026
      • Cumulative days on market: 19 days

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        11/6/2026Price change$339,900-90.3%$16/sqft
        Source: RMLS Alliance as distributed by MLS GRID #CA1047612 Report a problem
        10/24/2026Listed for sale$3,500,000$167/sqft
        Source: RMLS Alliance as distributed by MLS GRID #CA1047344 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$1,200 +4801.5%$16,466 +4757.2%
        2024$24 +5.3%$339 +10.4%
        2023$23 +5.2%$307 +7.3%
        2022$22 +4.2%$286 +5.1%
        2021$21 +2.1%$272 +1.9%
        2020$21 +5.9%$267 +1.9%
        2019$20 $262
        2018$20 +0.9%$262
        2017$19 +1.4%$262 +1.2%
        2016$19 +1.8%$259 +3.2%
        2015$19 +2.7%$251 +3.3%
        2014$18 +3.3%$243 +3%
        2013$18 +0.8%$236
        2012$18 +1.9%$236
        2011$17 +1.3%$236 +0.4%
        2010$17 +3.9%$235 +1.3%
        2009$16 +6.9%$232 +6.4%
        2008$15 +2.7%$218 +4.3%
        2007$15 $209
        2006-- --
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 62629

        Getting around

        8 / 100
        Car-Dependent
        27 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

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