1720 Magnolia Drive, Chatham, IL 62629

$3,500,000

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List Price
$3,500,000
MLS#
CA1047344
Status
ACTIVE
County
Sangamon
City
Chatham
Region
Chatham, Etc
Subdivision
Wellington Estates

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. **Expenses and rent are 0 because they have not been established yet**

Additional Information

Taxes
$2,399
Year Built
2026
New Construction
Yes
Roof
Shingle
Exterior
Brick Partial, Vinyl Siding
Water/Sewer
Public Sewer, Public
Parking Spaces
20
High School
Chatham District #5

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Calculator source: Real Geeks

Listing courtesy of Listing Agent: Krystal K Buscher (krystalkbuscher@gmail.com) from Listing Office: The Real Estate Group, Inc..