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1720 MAGNOLIA Drive
Chatham IL 62629 US

$3,500,000

Active Listing ID CA1047344
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20 bed
bath icon
20.00 Bath (20 Full)
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Other

$3,500,000

Active Listing ID CA1047344
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1720 MAGNOLIA Drive 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**

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Property Features

  • Facts
  • Property Type: Residential Multi Family
  • Property Sub-type: Other
  • Features
  • Full Bathrooms: 20
  • Cooling System: Central Air
  • Roof Type: Shingle
  • Heating Fuels: Forced Air

School Information

  • School
  • Chatham District #5(HighSchool)

Property

  • propertytype: Residential Multi Family
  • propertysubtype: Other
  • listprice: 3500000
  • unparsedaddress: 1720 MAGNOLIA Drive
  • postalcity: Chatham
  • stateorprovince: IL
  • country: US
  • postalcode: 62629
  • bathroomsfull: 20
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeunits: Acres
  • livingarea: 0
  • livingareaunits: Square Feet
  • latitude: 39.681428
  • longitude: -89.682522
  • listagentfullname: Krystal K Buscher
  • listagentemail: krystalkbuscher@gmail.com
  • listagentkey: 3yd-PAARIL-CA6786
  • listagentmlsid: CA6786
  • listagentpreferredphone: 2175539280
  • listofficekey: 3yd-PAARIL-CA2050
  • listofficemlsid: CA2050
  • disclaimer: Copyright © 2026 RMLS Alliance. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: PAARIL
  • yearbuilt: 2026
  • listingcontractdate: 2026-10-23
  • listagenturl: https://www.searchillinoishomesforsale.com
  • countyorparish: Sangamon
  • parcelnumber: 29-08.0-106-005
  • highschool: Chatham District #5
  • cooling: Central Air
  • constructionmaterials: Brick Partial, Vinyl Siding
  • heating: Forced Air
  • numberofunitstotal: 10
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 0
  • parkingtotal: 20
  • parkingfeatures: Open
  • roof: Shingle
  • waterfrontyn: False
  • franchiseaffiliation: None
  • rooms: Bathroom 11, Bedroom 15, Bedroom 12, Bedroom 10, Bathroom 15, Bedroom 11, Bathroom 7, Bedroom 3, Bedroom 5, Bathroom 17, Bedroom 20, Bathroom 5, Bedroom 9, Bathroom 1, Bathroom 4, Bedroom 8, Bathroom 20, Bedroom 6, Bedroom 14, Bedroom 17, Bedroom 18, Bathroom 6, Bathroom 13, Bedroom 7, Bathroom 19, Bathroom 8, Bathroom 10, Bathroom 14, Bathroom 12, Bedroom 16, Bathroom 2, Bedroom 2, Bathroom 18, Bathroom 9, Bathroom 3, Bathroom 16, Bedroom 1, Bedroom 13, Bedroom 19, Bedroom 4
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: False
  • internetconsumercommentyn: False
  • location: -89.682526, 39.681427
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"The Real Estate Group, Inc.", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "CustomSourceId":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"krystalkbuscher@gmail.com", "ListBrokerageCity":"Springfield", "ListBrokerageCountry":"US", "ListBrokerageEmail":"mikeo@thegroup.com", "ListBrokerageLogoUrl":null, "ListBrokerageName":"The Real Estate Group, Inc.", "ListBrokeragePhone":"(217) 787-7000", "ListBrokeragePostalCode":"62711", "ListBrokerageStateOrProvince":"IL", "ListBrokerageUnitNumber":null, "ListBrokerageUnparsedAddress":"3701 W Wabash Ave", "ListBrokerageWebsiteUrl":"https://www.searchillinoishomesforsale.com", "ListOfficeAddress1":"3701 West Wabash ", "ListOfficeAddress2":null, "ListOfficeBrokerMlsId":"CA2050", "ListOfficeCity":"Springfield", "ListOfficeCountry":"US", "ListOfficeEmail":"mikeo@thegroup.com", "ListOfficePostalCode":"62711", "ListOfficeStateOrProvince":"IL", "ListPriceCurrencyType":"USD", "ListingTitle":"Residential Income, Chatham, IL", "ListingURL":"https://www.realtor.com/realestateandhomes-detail/1710-Magnolia-Dr_Chatham_IL_62629_M81768-90721?f=listhub&s=PAARIL&m=CA1047344&c=rexren", "MLSModificationTimestamp":"2026-10-27 14:57:12", "Neighborhoods":[{"Description":null, "Name":"Wellington Estates"}], "PostalCode":null, "RoomCount":null, "StateOrProvince":null, "Taxes":[{"TaxAnnualAmount":2400, "TaxDescription":"L 98A WELLINGTON EST 1ST ADDN (44, 549 SQ FT) 8-14-5", "TaxYear":"2025"}], "UnitNumber":null, "UnparsedAddress":null}
  • GarageSpaces: 0
Listing Changed: 10/30/2026 7:34:18 PM GMT
Source Updated Date: 11/4/2026 12:52:41 PM GMT

Courtesy of: Krystal K Buscher, The Real Estate Group, Inc., krystalkbuscher@gmail.com

Copyright © 2026 RMLS Alliance. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.