1 Chesterfield Drive, Waterman, IL
$ 5,500,000
Property Attributes
  • MLS#10478888
  • TypeLand
  • CountyDE KALB
  • CityWaterman
  • AreaWaterman
  • Zip60556
  • StylePlatted
  • Taxes$ 12000
  • Price$ 5,500,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
Data Source:
Midwest Real Estate Data (MRED)
Property Description

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.

Price History
1/3/2023 Listed $5,500,000

General Features

City Waterman
County De Kalb
Current Use Platted
Days on Market 1380
Directions Development at SE corner of Rt 23 and Rt 30.
Elementary School District 426
High School District 426
MLS Area Waterman
Middle/Junior School District 426
Percent Ownership Fee Simple
Possession Closing
Possible Use Commercial, Multi-Family, Single Family
Property Type Land
Property Type Land
Standard Status Active
Status Active
Street Name Chesterfield
Tax Annual Amount 12000
Tax Year 2021
Township Clinton
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
Waterfront Y/N No
Zoning PUD

Interior Features

Street Suffix Drive

Exterior Features

Frontage Length 2200
Frontage Type County Road
Lot Dimensions 2200X2700
Road Surface Type Asphalt, Other


  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Land Average in 60556

AVG $5.5M
AVG $12,000
AVG 665
Data Provided by Inside Real Estate®