Leslie Roland
- Buy
- Sell
https://www.ruhlmortgage.com/LawrenceDavis.html
Description
This is a rare development opportunity in the highly sought-after Chatham school district! This approximately 37-acre tract offers an exceptional setting for a future residential development in Chatham. Ideally positioned along Woodland Trail & immediately adjacent to the established Spartan Lake Estates subdivision, the property provides a natural opportunity for continued residential growth in an area where quality building sites remain in demand. The property features a combination of open ground, mature timber, approx 27 acres of tillable farm ground, & scenic surroundings, w/ portions bordering the existing 5 acre pond & wooded space of Spartan Lake Estates. Its unique layout creates exciting possibilities for a thoughtfully designed neighborhood incorporating water views, wooded homesites, walking paths, green space, or premium lots. A preliminary development concept illustrates the potential for an extension of the surrounding residential community, while the property's substantial acreage provides flexibility for a developer to bring their own vision to life. Conveniently located near Chatham amenities while offering the space & setting buyers seek, this is a compelling opportunity for builders, developers, & investors looking to secure a significant tract in one of the Springfield area's most desirable school districts. Development plans shown are preliminary/conceptual & subject to applicable governmental approvals, zoning, engineering, utilities, & final survey.
Property Highlights
Property Type: Land - Residential
Total Acres: 93x160x110x145
Utilities: Electricity Available
Zoning: Residential
General Information
County: Sangamon
High School: Chatham District #5
Subdivision: Spartan Estates
Listed By:
The Real Estate Group, Inc.
Offc: 217-787-7000
RMLSA
MLS ID: CA1046973
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0 Woodland Trail Drive, Chatham, IL 62629.
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563-441-1862
toll free 866-441-1862
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| Loan Type | 30 Year Fixed | FHA 30 Year Fixed | 15 Year Fixed |
| Purchase Price | $832,500 | $832,500 | $832,500 |
| Down Payment | $166,500 | $29,138 | $208,125 |
| Monthly Mortgage Amount | $4,375 | $5,370 | $5,396 |
| Taxes | $1159 | $1159 | $1159 |
| Insurance | $100 | $100 | $100 |
| HOA/Dues/Fees | $0 | $0 | $0 |
| Monthly Mortage Insurance | $0 | $366 | $0 |
| Monthly Estimated Total | $5,777 | $7,138 | $6,798 |
Leslie Roland
REALTOR®
Office: (309) 743-8000
Cell: (309) 644-2774
Licensed in IA & IL
Moline Office
1701 52nd Avenue
Moline, IL 61265
(309) 743-8000
Moline, IL 61265
(309) 743-8000
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