$5,000,000
$900K PRICE INCREASE

1 Chesterfield Dr Waterman, IL 60556

Estimated payment $28,694/month

Total Views 29,279
144 Acre
-- Price per Acre
-- Sq Ft Lot

About This Lot

Large development consisting of 280+ lots, 192 are included in this sale. (89 Lots SFR already under contract) Commercial, MF lots in phase 1, and all land in phase 2 and phase 3. 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. CCRs for homes are on file. HOA reserved for future use by new owner. Short drive to Meta, Amazon and other big logo projects for easy access to employment. (89 lots in phase one are already under contract)

Listing Agent

Katherine Gannon

RE/MAX Experience License #475129202 Listed on: 08/08/2019

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $12,000

Lot Details

  • Lot Dimensions are 2200x2700
  • Property fronts a state road
  • Property is zoned PUD

Outdoor Features

  • Electricity Available at Street

Utilities

  • Electricity To Lot Line
  • Gas Available
  • Gas Available at Street

Property Details

Property Type

Land

Est. Annual Taxes

$12,000

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Type: Land
  • Ownership: Fee Simple
  • Current Use: Platted
  • Road Surface Type: Asphalt
  • General Information: None
  • ResoPropertyType: Land
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Possible Use: Commercial, Multi-Family, Single Family
  • Basement Bathrooms: No

Exterior Features

  • Frontage Length: 2200
  • Frontage Type: County Road, State Road
  • List Price: 5000000
  • Waterfront: No

Utilities

  • Utilities: Electric Nearby, Electric to Site, Gas Nearby, Gas to Site, Sanitary Sewer, Sewer Available, Water-Municipal, Water Nearby, Water to Site

Schools

  • Middle/Junior School District: 426

Lot Info

  • Lot Dimensions: 2200X2700
  • Zoning: PUD
  • Lot Size: 100+ Acres
  • Special Assessments: U
  • Total Listed Lots Avail: 248

Rental Info

  • Board Number: 19
  • Rental Price: 0

Building Info

  • Building(s) on Land: Yes

Tax Info

  • Tax Annual Amount: 12000
  • Tax Year: 2023
  • Tax Exemptions: None

Map

Range of Values:

Collateral Analytics

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ICE

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/06/2025 02/06/25 Price Changed $5,000,000 0.0% --
02/06/2025 02/06/25 For Sale $5,000,000 +35.9% --
01/31/2025 01/31/25 Off Market $3,680,000 -- --
11/15/2024 11/15/24 Price Changed $3,680,000 -0.5% --
08/14/2024 08/14/24 Price Changed $3,700,000 -32.7% --
01/03/2023 01/03/23 For Sale $5,500,000 0.0% --
12/30/2022 12/30/22 Off Market $5,500,000 -- --
06/13/2020 06/13/20 Price Changed $4,650,900 +1.1% --
04/19/2020 04/19/20 Price Changed $4,599,100 +12.2% --
01/28/2020 01/28/20 Price Changed $4,099,000 0.0% --
08/08/2019 08/08/19 For Sale $4,100,000 -- --
Source: Midwest Real Estate Data (MRED)

About the Listing Agent

Katherine Gannon

RE/MAX Experience

(779) 368-2102

Section Image

Katherine has been in real estate for over 28 years, serving her community and the families that live here. Covering most of DeKalb county, Ogle, Kane, DuPage, and more, she finds the best part of this career is watching dreams come true! Having been born and raised in DeKalb and raising four children of her own, this farm and industry community offers much culture and diversity, enriching the lives of all.

Katherine is also involved with its Community Theatre and service organizations

Katherine's Other Listings

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    $420,500

    • 8 Beds
    • 5 Baths
    • 650 N 11th St
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    Great investment with 2 duplex buildings, for a total of 4 units. Basements with W/D hookup. Sold as a set: 650/652 & 656/658 N. 11th Street. 2 parcels, will not separate. Total income between both $43,680 GOI. Insurance $1395 each lot, Taxes $4690 each lot. Total bedrooms: 8 Total Bathrooms: 4 Long term tenants. Priced for an 8 cap rate.

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  • 1516 Mayflower Dr, Dekalb, IL 60115

    $335,000 Open House 8/02

    • 5 Beds
    • 3 Baths
    • 2,300 Sq Ft
    • 1516 Mayflower Dr
    • Dekalb, IL

    Spacious Krpan built 5 BR 2-story with large rooms & ample closet space! Hardwood floors thru-out LR, DR, KIT, & FR. Re-finished hardwood thru-out the rest of home. Kitchen open to family room with setup for home theater. Bedroom on 1st floor being used as an office, and has full bath nearby. Additional 4 bedrooms and 2 full baths upstairs. Basement offers work bench, rock climbing space (yes,

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  • 215 Ridge St, Creston, IL 60113

    $425,800

    • 9 Beds
    • 6 Baths
    • 215 Ridge St
    • Creston, IL

    Great 4 unit rental situated on a large corner lot. Garage parking. Fully rented. 9 bedrooms, 4-2 Baths. Tenants are long term. Easy to maintain and nearby a grade school. Minutes from Rochelle & DeKalb. Nearby I-39 for access to Rockford.

    Katherine Gannon RE/MAX Experience

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  • 127 E Meadow Dr, Cortland, IL 60112

    $330,000 Sold Jan 17, 2025

    • 4 Beds
    • 2.5 Baths
    • 3,140 Sq Ft
    • 127 E Meadow Dr
    • Cortland, IL

    Largest model! 3200 sq ft includes a great 2nd stort family room. 4 bedrooms, 2.5 baths. Many recent upgrades: carpet, paint, appliances, several new windows, and a lot of love. Deck overlooks pond. 3 car garage. Corner lot with park space to west, containing a gazebo. Great view and not much yard space to manage on your own. On POND. Fences are allowed (see neighbors). Basement in unfinished.

    Katherine Gannon RE/MAX Experience

  • 27525 Gerry Ln, Sycamore, IL 60178

    $625,000 Sold Jun 16, 2025

    • 3 Beds
    • 3.5 Baths
    • 4,200 Sq Ft
    • 27525 Gerry Ln
    • Sycamore, IL

    Custom built ranch, original owner! Located on Sycamore's North Side in a darling country subdivision, this ranch style home offers much space inside and out. With over 4,200 square feet of living space, you can easily live on the top floor and use the lower level for entertainment. With mature landscape, a brick exterior and grand entrance, you find yourself inside a quality home. The open

    Katherine Gannon RE/MAX Experience

Source: Midwest Real Estate Data (MRED)

MLS Number: 10478888

Midwest Real Estate Data (MRED)